Real Estate The West Australian Attending dozens of home opens, waiting in a line with hundreds of people, submitting an offer above asking price, and no luck. This has been the experience of many looking for a rental in Perth, as a concoction of record-low rental supplies, lack of investors and a dearth of properties […]
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The Sunday Times The Australian Prudential Regulation Authority (APRA) has announced it is considering reducing the seven per cent oor on serviceability calculations for residential mortgages, instead allowing banks to assess loans at 2.5 per cent above current rates. Currently, APRA requires lenders to assess whether or not a consumer can afford a loan […]
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WA BUSINESS NEWS Stuart Gardiner acknowledges the past few years have not been easy for those in Perth’s land development business. He says 2017 was a good example, with the latest data from the Real Estate Institute of Western Australia showing a 17 per cent decrease in residential lot sales in the 12 months to […]
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