Perth Market Snapshot for the week ending 22 May 2022
Sales activity decreased 2.6 per cent in Perth last week, with REIWA members reporting 875 transactions.
REIWA and TecStack launch CPD blockchain training for WA real estate professionals in Australian first
In an Australian first, the Real Estate Institute of Western Australia and TecStack have partnered to bring compulsory professional development (CPD) blockchain training to WA real estate professionals.
Agent spotlight: Sean Seet, Starlight Property Group
Find out more about REIWA agent Sean Seet who was recently crowned Residential Salesperson of the Year at the 2022 REIWA Awards for Excellence.
Interest rate rises unlikely to dampen demand for property in WA
There are several reasons why REIWA expects the impact of interest rate rises to be lesser in WA than other locations around the country.
Perth Market Snapshot for the week ending 15 May 2022
Sales activity decreased 3.6 per cent in Perth last week, with REIWA members reporting 911 transactions.
REIA welcomes super housing agenda to help Australians
REIA has welcomed additional support measures announced by
the Federal Government to unlock both housing supply and affordability as a
critical part of Australia’s future.
Thinking about starting a career in real estate?
There are a variety of career paths on offer in real estate, including sales and property management in the residential, commercial and rural sectors.
WA Budget measures to promote housing supply
REIWA welcomes the housing supply and affordability measures outlined by Premier and Treasurer Mark McGowan in today’s 2022-23 WA Budget announcement.
Salvos honour REIWA with prestigious Others Award
The Salvation Army honoured REIWA with its prestigious Others Award during the launch of the 2022 Red Shield Appeal at Optus Stadium on Wednesday 11 May.
West Aussies encouraged to dig deep for Salvos’ 2022 Red Shield Appeal
Since the onset of the pandemic, demand for the Salvos’ services has increased which is why REIWA is encouraging West Australians to donate to the Red Shield Appeal.
Perth Market Snapshot for the week ending 8 May 2022
Sales activity increased 10.8 per cent in Perth last week, with REIWA members reporting 952 transactions.
REIA urges calm on interest rate rise: stick to the plan
REIA is urging calm with a rate rise to 0.35 per cent, which is anticipated to have a moderate impact on housing affordability Australia-wide.
Perth home values increase again in April
April was a strong month for the Perth property market, with CoreLogic data showing the Perth home value index increased 1.1 per cent during the month. Find out more.
Perth Market Snapshot for the week ending 1 May 2022
Sales activity increased 11 per cent in Perth last week, with REIWA
members reporting 869 transactions.
REIA welcome Opposition housing announcement to address housing crisis
REIA has welcomed the suite of housing policies announced today by the Leader of the Opposition and the Shadow Minister for Housing in their pitch to Australian households.
REIWA’s 2022 Awards for Excellence winners announced
More than 400 Western Australian real estate professionals gathered for the Real Estate Institute of Western Australia’s 2022 Awards for Excellence at Crown Perth on Thursday 28 April.
Duty-free thresholds need to be raised for first home buyers
REIWA has called for
the 2022 WA Budget to include targeted stamp duty reform that helps more first
home buyers purchase their first property.
Perth Market Snapshot for the week ending 24 April 2022
Sales activity decreased 10 per cent in Perth last week, with REIWA members reporting 788 transactions.
Perth’s 10 bargain suburbs under $375,000 less than 30km from the CBD
Camillo, Gosnells and Middle Swan are the most affordable suburbs to buy a house in less than 30 kilometres from the Perth CBD.
It’s time to make the Off-the-Plan Duty Rebate Scheme permanent
REIWA has called for
the 2022 WA Budget to make the off-the-plan duty rebate scheme permanent for WA
property buyers purchasing apartments.
Perth Market Snapshot for the week ending 17 April 2022
Sales activity decreased 10 per cent in Perth last week, with REIWA members reporting 883 transactions.
Homes for Homes opens first funding round for social and affordable housing projects in WA
Homes for Homes will open a new grant funding round for social and affordable housing projects, with up to $80,000 available for the first time in WA.
Two years on from COVID – how has the Perth sales market changed?
Perth home values have increased 21.6 per cent, sales activity is up 56 per cent and the median time to sell has dropped to just 14 days since March 2020.
Perth Market Snapshot for the week ending 10 April 2022
Sales activity decreased three per cent in Perth last week, with REIWA members reporting 993 transactions.
REIA launches ‘Australian Property: Our Future’ to address key issues facing the industry
REIA has launched its new 'Australian Property: Our Future' campaign to bring the dream of home ownership one step closer.
West Aussie seniors need stamp duty relief
In its 2022-23 pre-budget submission, REIWA has called on the WA Government to introduce a one-off $10,000 stamp duty concession for seniors aged 65 and over.
Liz Sterzel takes home Buyer’s Agent of the Year at National Awards for Excellence
Liz Sterzel from Property Wizards has won the 2022 Buyer's Agent of the Year Award at the Real Estate Institute of Australia’s National Awards for Excellence.
Neville Pozzi wins prestigious President’s Award at National Awards for Excellence
REIWA Neville Pozzi won the prestigious President's Award at REIA's 2022 National Awards for Excellence on Thursday 7 April.
REIWA commits to green future with environmental and sustainability policy
REIWA has introduced an environmental and sustainability policy which will underpin its core business objectives moving forward. Find out more about what the policy involves.
Perth is the most affordable capital city for houses
Perth has the most affordable median house sale price of any capital city in the country. Find out more about how Perth compares to Australia's other capital cities.
Perth Market Snapshot for the week ending 3 April 2022
Sales activity decreased seven per cent in Perth last week, with REIWA members reporting 1,034
transactions.
Perth sales volumes reach highest level in 12 years during March
Weekly reported sales in Perth hit a 12 year high in March, according to REIWA data. Find out which were Perth’s top performing suburbs for sales in March.
Federal Budget 2022-23: What does it mean for real estate?
The 2022-23 Federal Budget was handed down on Tuesday 29 March. Find out what this budget means for real estate and why REIA are calling it a 'budget for the times'.
Agent spotlight: Tom Esze, TomEsze.Com
Tom Esze has 35 years of experience in the WA real estate industry and is an expert in auctioneering. Find out more about REIWA agent Tom Esze.
Perth Market Snapshot for the week ending 27 March 2022
Sales activity decreased five per cent in Perth last week, with REIWA members reporting there were 1,125 properties sold.
REIA welcomes Federal Budget home ownership plan
REIA has welcomed the announcement the Federal Budget 2022 will unlock 50,000 new places for the First Home Loan Deposit Scheme. Find out why this is good news.
The 10 premium Perth suburbs with the most affordable median unit prices
Wembley, Mosman Park and Mount Lawley have topped the list of 10 premium Perth suburbs with the most affordable median unit prices.
Housing inquiry proves bipartisan national plan is needed
REIA has welcomed the handing down of the Inquiry into housing affordability and supply in Australia report by the Standing Committee on Tax and Revenue which reported 16 intersecting recommendations for the Federal Government’s attention.
Perth Market Snapshot for the week ending 20 March 2022
Sales activity increased 32 per cent in Perth last week, with REIWA members reporting 1,198 transactions.
Targeted stamp duty reform needed to ease WA housing market pressure
WA has one of the strongest economies in the world, which is why REIWA is calling for stamp duty relief to be provided for seniors, first home buyers, off-the-plan purchases and small businesses.
Perth Market Snapshot for the week ending 13 March 2022
Sales activity decreased 18 per cent in Perth last week, with REIWA members reporting 913 transactions.
Agent spotlight: Chris Tana, ProProperty Group
Born and raised in Perth, Chris Tana has spent the better part of 17 years working in the WA real estate industry. Find out more about REIWA Agent Chris Tana.
The 20 Perth suburbs with the biggest increase in median sale price over the last 20 years
Find out which 20 Perth suburbs made the list of suburbs that have seen the biggest increase in median sale price over the last 20 years.
Western Australia is once again the most affordable state in the country for housing and rentals
WA is once again the most affordable state in the country for housing. Find out how WA compares to the other states and territories in Australia.
Perth Market Snapshot for the week ending 6 March 2022
Sales activity increased four per cent in Perth last week, with REIWA members reporting 1,121 transactions.
Steady price growth continues across Perth market in February
The Perth property market continues its steady growth trajectory, with CoreLogic reporting Perth home values increased 0.3 per cent during February. Find out which were the top performing suburbs.
Need for housing affordability and supply plan confirmed in new report
Find out why REIA is renewing calls for a housing affordability and supply plan following the release of NHFIC's State of the Nation report.
Perth Market Snapshot for the week ending 27 February 2022
Sales activity decreased one per cent in Perth last week, with REIWA members reporting 1,094 transactions.
Neville Pozzi celebrates 45 years at REIWA
Neville Pozzi is celebrating 45 years of employment at the Real Estate Institute of Western Australia.
Perth Market Snapshot for the week ending 20 February 2022
Sales activity increased five per cent in Perth last week, with REIWA members reporting 1,123 transactions.
11 WA finalists announced in national Awards for Excellence
The Real Estate Institute of Australia (REIA) has announced its 2022 National Awards for Excellence finalists, with 11 Western Australians in the running for one of the prestigious awards.
63 Perth suburbs record highest ever sale price in 2021
There were 63 Perth suburbs that recorded their highest ever individual residential sale price during 2021. Find out which suburbs made the list.
Agent spotlight: Liz Sterzel, Property Wizards
Find out more about Liz Sterzel, who is a Director at Property Wizards and has a passion for
helping buyers and investors find their dream homes and investment properties.
Perth Market Snapshot for the week ending 13 February 2022
Sales activity decreased six per cent in Perth last week, with REIWA members reporting 1,080 transactions.
In today's world, is it better to buy established or build new?
It’s the question that will always spark a lively discussion: buy established or build new? Let’s take a look at the pros and cons of each in the context of today’s world. Read more from Summit Homes.
REIWA is pleased to announce it has appointed Cath Hart as its new Chief Executive Officer. Find out more.
10 Perth suburbs to watch in 2022
Mount Nasura, Wellard and Ashby are among 10 Perth suburbs with potential for solid price growth in 2022, following a strong year of sales growth in 2021. Find out what other suburbs made the list.
Perth Market Snapshot for the week ending 6 February 2022
Sales activity increased 18 per cent in Perth last week, with REIWA members reporting 1,160 transactions.
Federal Budget must have a plan for homes and jobs
REIA is calling on the Federal Government in election year to tackle the key issue of homes and jobs in its 2022 Federal Budget.
Perth home values record biggest monthly growth rate since May
CoreLogic’s Perth home value index increased 0.6 per cent during January, the highest monthly increase since May 2021.
Agent spotlight: Sara Young, Coronis WA
Find out more about REIWA agent Sara Young, who has been in the Western Australian real estate industry for almost two decades.
Perth Market Snapshot for the week ending 30 January 2022
Sales activity increased one per cent in Perth last week, with REIWA members reporting 992 transactions.
House prices up 44.7 per cent in Port Hedland in 2021
Port Hedland was WA’s top-performing region in 2021. Find out which other regional centres performed well during 2021.
Perth Market Snapshot for the week ending 23 January 2022
Sales activity increased 19 per cent in Perth last week, with REIWA members reporting 997 transactions.
FREE CoreLogic property reports now available for any address in WA
Western Australian property seekers can now access free CoreLogic property profile reports on reiwa.com for any address in WA.
Perth’s top 10 suburbs for price growth in 2021 revealed
Find out which were Perth's 10 top performing suburbs for median house sale price growth last year. Did your suburb make the list?
Agent spotlight: Brendon Habak, Realestate 88 Inner City
Find out more about REIWA agent Brendon Habak, who has 14 years of experience in the real estate industry and has spent the last five years building his business Realestate 88 Inner City from the ground up.
Perth Market Snapshot for the week ending 16 January 2022
Sales activity continued to rebound in Perth following the holiday season slowdown, with REIWA members reporting a 45 per cent increase in sales. F
WA’s ‘best of the best’ for property in 2021 revealed
CoreLogic released its 'Best of the Best 2021’ national housing report last month which looks at the best performers across a range of factors, such as top sale, highest and lowest median values and highest total sales. Did your suburb make the list?
Perth Market Snapshot for the week ending 9 January 2022
Sales activity has begun to rebound in Perth following the holiday season slowdown, with REIWA members reporting 594 transactions.
Perth home values increased 13 per cent in 2021
2021 was a big year for the Perth property market, with CoreLogic’s latest data showing Perth home values increased 13.1 per cent during the calendar year.
WA community gets behind 2021 Christmas Appeal
West Australians have once again showed how generous they are, by getting behind The Salvation Army’s Annual Christmas Appeal and spreading some much-needed cheer to those doing it tough in our community.
Perth Market Snapshot for the week ending 19 December 2021
Sales activity increased one per cent in Perth last week, with REIWA members reporting 1,008 transactions.
REIWA Councillor Hayden Groves elected as national Institute’s President
Former REIWA President and current REIWA Councillor Hayden Groves has been elected President of Australia’s national real estate body, the Real Estate Institute of Australia (REIA).
Christmas comes early for first home buyers with over 4,000 guarantees available
REIA has urged aspiring first home buyers to secure their place in the First Home Loan Deposit Scheme before Christmas. Find out more.
WA is still the most affordable state in the country for housing
House prices may have risen by approximately 14 per cent in Perth this
year, but WA is still the most affordable state in the
country for housing.
Perth house prices expected to increase 10 per cent in 2022
WA’s strong property market conditions are expected to continue, with REIWA’s 2022 outlook estimating Perth house prices will rise a further 10 per cent next year.
It’s time to remove stamp duty from the sale of small businesses
REIWA has been a long-time advocate for stamp duty reform. Find out why it's time to remove stamp duty from small business purchases.
Perth Market Snapshot for the week ending 12 December 2021
Sales activity decreased four per cent in Perth last week, with REIWA members reporting 1,007 transactions.
Perth Market Snapshot for the week ending 5 December 2021
Sales activity increased four per cent in Perth last week, with REIWA members reporting 1,060 transactions.
Sales activity increases nine per cent in Perth in November
Sales activity increased nine per cent in Perth during November 2021, with reiwa.com reported sales data showing the average weekly sales figure was 1,048 during the month.
Perth Market Snapshot for the week ending 28 November 2021
Sales activity was stable in Perth last week, with REIWA members reporting 1,033 transactions.
Perth Market Snapshot for the week ending 21 November 2021
Sales activity decreased 0.9 per cent in Perth last week, with REIWA members reporting 1,047 transactions.
Perth Market Snapshot for the week ending 14 November 2021
Sales activity decreased two per cent in Perth last week, with REIWA members reporting 1,067 transactions.
WA real estate industry joins forces with The Salvation Army to bring Christmas joy
REIWA and its agents are proud to support The Salvation Army’s Annual Christmas Appeal and are urging all West Australians to donate to this worthy cause.
Perth Market Snapshot for the week ending 7 November 2021
Sales activity decreased one per cent in Perth last week, with REIWA members reporting 1,097 transactions.
Listings for sale increase in 119 suburbs during October
Perth’s spring selling season is underway, with 119 suburbs recording an
increase in listings for sale during October.
Perth Market Snapshot for the week ending 31 October 2021
Sales activity increased 11 per cent in Perth last week, with REIWA members reporting 1,114 transactions.
More than 19,000 calls placed to REIWA Info Service Line this year
Between 1 January and 1 October, more than 19,000 calls have been placed to the REIWA Information Service. Find out what West Aussies most commonly call about.
All price sectors joining in on Perth market recovery
Prices have grown 18 per cent in Perth in the last year.
Find out more about the top 50 performing suburbs.
Perth Market Snapshot for the week ending 24 October 2021
Sales activity remained stable in Perth last week, with REIWA members
reporting 1,010 transactions.
Widespread price growth across regional WA during September quarter
There was widespread price growth across regional WA during the September 2021 quarter, with eight of the state’s nine regional centres recording an increase in median house sale price.
Perth Market Snapshot for the week ending 17 October 2021
Sales activity was stable in Perth last week, with REIWA members reporting 1,017 transactions.
The 19 Perth suburbs where unit prices are growing faster than house prices
Unit price growth is outperforming house price growth in 19 Perth suburbs. Did your suburb make the list?
A return to housing fundamentals needed to address housing affordability and supply
REIA has delivered three key urgent and actionable recommendations to help address housing affordability and supply.
Perth Market Snapshot for the week ending 10 October 2021
Sales activity increased 25 per cent in Perth last week, with REIWA members reporting 1,024 transactions. Find out more.
Perth Market Snapshot for the week ending 3 October 2021
Sales activity decreased 22 per cent in Perth last week, with REIWA members reporting 828 transactions. Find out more.
States bolstering coffers at expense of housing affordability
The Real Estate Institute of Australia and SQM Research have released a market analysis titled Stamp duty: The relationship to Australian housing affordability and supply.
Perth house prices soar 18 per cent in last 12 months
Perth
price growth has accelerated over the last year, with CoreLogic data confirming
the Perth home value index has increased 18.1 per cent in the last 12 months.
Perth Market Snapshot for the week ending 26 September 2021
Sales activity increased 19 per cent in Perth last week, with REIWA members reporting 1,074 transactions.