The West Australian REIWA has boldly predicted Perth’s median house price will smash new records in 2025, potentially reaching $740,000 by the year’s end. It comes as the Real Estate Institute of WA’s latest quarterly update shows the city is on track to achieve growth of more than 20 per cent over 2024. To read […]
Australian Broadcast Corporation Australian house prices have risen for a sixth straight quarter, according to analysis by Domain. Over the June quarter, new record prices were set in Sydney, Brisbane, Adelaide and Perth. And with a 7 per cent annual rise in homes on the market, sellers maintained their confidence in the strength of the […]
The Property Tribune Housing choice is the key to accommodating the modern first home buyer, according to industry experts. There has been an evolution in the housing needs of this critical portion of the market, due to changing demographics, as well as economic circumstances that are making it harder to get a foot on the […]
Australian Property Investor Magazine Western Australia has taken a major step towards tackling the housing crisis that is wreaking havoc across the country. The state is scrapping rules around the building of granny flats in suburban back yards as it tries to increase urban density, slow urban sprawl and bring more housing stock to the city with […]
The Property Tribune With an aim of creating a benchmark project that leaves a positive legacy, Orana by Balcon Group has been designed with sustainability and longevity in mind. Once complete the project will include over 4,000 new homes, making it the largest masterplanned community in the City of Casey in Victoria, a factor that […]
PerthNow Perth’s real estate market was defined by record-breaking moments in 2023. Amid strong buyer demand for established homes, listings took an unprecedented dive, the median house price soared to a new high and properties changed hands at a record-blistering pace. Additionally, the average rent reached a new peak. Now, arriving in 2024, what can […]
The Property Tribune Challenges around housing supply and affordability can be amplified in regional areas where boom and bust cycles, labour and materials costs and the tyranny of distance all have a significant impact. A 2022 report published by the Regional Australia Institute (RAI) found that, despite the challenges, life in the regions remains an […]
The Property Tribune Across Australia, housing affordability continues to reign as a critical issue that impacts a large proportion of society. The so called ‘great Australian dream’ of owning a home is becoming further out of reach for a growing cohort and record low rental vacancy rates are also taking a toll. UDIA has long […]
The West Australian You could be forgiven for thinking that anyone with two feet and a heartbeat can throw together a design for an apartment building, get the rubber stamp of approval and hire Bob the Builder if recent commentary by some following the recent State Government announcement on building reform legislation is taken on […]