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RBA worried housing market still too hot

August 17, 2017

AAP  15 August 2017

The central bank is losing confidence that Australia’s hot property market is cooling enough, particularly in Melbourne and Sydney, an economist says.

Minutes from the Reserve Bank of Australia’s August meeting – at which it decided to leave the cash rate unchanged at 1.5 per cent – reveal the board remains concerned about house price growth and the level of…

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Common misconceptions debunked about the overseas investor

August 16, 2017

Investors from overseas who buy property in Australia are filling gaps in the economy that locals may not be able to.

It’s hard to deny that house prices in Melbourne and Sydney are through the roof.

And it’s not uncommon to hear people blame the government’s ‘relaxed’ rules for foreign investment in Australia. And more often than not, overseas investors are misunderstood and seen as purely negative.People are quick to…

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Perth remains one of world’s most livable cities

Chris Leitch, PerthNow

PERTH remains one of the most livable cities in the world – but one thing is holding us back from cracking the top five.

For the seventh year in a row, Melbourne has topped The Economist’s list of the world’s most liveable cities.

The Victorian capital got the gong on Wednesday, scoring perfect scores for healthcare, education and infrastructure.

The top-10 cities remain unchanged…

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Perth Housing Market – August 2017

August 14, 2017

Watch the video for the Monthly Update on Perth Housing Market

Click to watch

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REIWA calls on state government for reforms to stimulate property market

August 10, 2017

The Real Estate Institute of Western Australia has made a submission to the WA state government ahead of the 2017 budget, calling for a range of reforms to stimulate the WA property market.

The REIWA is calling on the state government to implement a range of tax reforms designed to stimulate the WA property market, and help restore the state budget to surplus.

The REIWA is recommending five key areas of reform:

1.  Maintain…

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More changes on the way to Perth city

Plans on the table will see our capital become a skyscraper city

Watch Video

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Aerial imagery reveals Australia’s growing population

August 8, 2017

Australia’s population is booming, with some regions growing by more than 50 per cent over the last five years.

 Byford, Perth, in Western Australia’s Serpentive-Jarrahdale region, Australia’s fastest growing region, December 2012 and June 2016.

Australia’s population is booming, with the latest ABS data showing 1.6 per cent annual growth and a population rapidly approaching 25 million.

Some regions have grown as much as 50 per cent over the last five…

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Experts have their say on Perth’s recovery period

August 7, 2017

by Sasha Karen

With a report claiming that Perth has finally begun its recovery period, we turn to property experts based in Perth and ask whether they think the WA capital is indeed recovering.

Property investment consultancy Momentum Wealth recently came out with the Residential Property Spotlight: Perth report, claiming that Perth had begun its recovery period, as reported previously, after months of commentators on Smart Property Investment warning investors to buy soon before the…

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Investors Should Focus On WA’s Future Lithium Boom

The announcement last week that the United Kingdom will ban the sale of new petrol and diesel cars by 2040, following a similar move by France, is setting the stage for a major boom in lithium mining in Western Australia, according to Shane Kempton, CEO of Professionals Real Estate Group.

According to Kempton, lithium battery powered automobiles will grow more commonplace throughout the world over the next two decades. This…

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Lithium mining boom predicted to further boost WA property market

August 4, 2017

By Sasha Karen

With the announcement of UK and France reducing the sale of petrol and diesel cars, lithium batteries are to be utilised, which sets the stage for a knock-on effect for WA’s property market.

According to Shane Kempton, chief operations officer at Professionals Real Estate Group, lithium battery-powered cars will become commonplace over the next two decades, which would fuel an increase…

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