Industry Body: REIWA

158 posts

The Real Estate Institute of Western Australia

International migration fuels perth real estate boom school zones

Perth property prices fueled by growing population and school zones identified as property hotspots

Prices rose by over 23% in some suburbs.
Australia's rental crisis worsens, with vacancy rate hitting new low in August 2023 1.1 per cent

Renting gets tougher as vacancy rates hit new low in August

Canberra, despite having the highest vacancy rate in Australia, suffered the harshest monthly decline.
stamp duty exemption bill western australia discussion

Stamp duty exemption is no panacea

Apartments can be a great entry point for first home buyers with the right incentives.
Australian housing market's 20 best investment suburbs for new houses in 2023 revealed

Australian housing market’s 20 best investment suburbs for new houses in 2023 revealed

The top 20 includes a variety of outer ring suburbs and regional hubs.
RBA Governor Philip Lowe

RBA keeps the cash rate at 4.10%

The reprieve for millions of Australian mortgage holders continues with a third consecutive pause on interest rates. 
Australian rental vacancies at all-time low in July Challenges ahead for renters

Australian rental market sees vacancy rates tighten in July 2023

National rental vacancies fell once again in July to 1.43%.
Infill property in Gosnells acquired by Qube.

QUBE to develop 58 residential lots at infill site in Gosnells, Western Australia

The developer recently settled the acquisition for the infill site.
Home prices and rents march upward in WA's regional centres

Regional West Australian home prices and rents march upward in the June 2023 quarter

Port Hedland was the top performer in terms of median house price growth, while Esperance had the highest rise in median weekly rents.
Prices are set to grow eight per cent in the latest Perth property market predictions

Perth house prices forecast to grow by 8% next year, and population set to grow

WA’s population growth outpaced national growth, up 2.3% compared to 1.9%, nationally.
Perth vacancy rate increased from 0.6 to 0.9 percent.

Perth rental market sees first reprieve in six months: Vacancy rates rise

REIWA CEO Cath Hart says Perth has seen a long period of extremely low vacancy rates, sitting below 1% for 23 out of the past 36 months. 

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