The West Australian WA led the nation in increases in average home prices last quarter as three cuts in the official cash rate by the Reserve Bank and limited stock keep the flames burning under a red-hot property market Average prices in WA were up 2.3 per cent – or $20,200 – from $877,300 to […]
ABC Perth Radio Joining Mark Gibson on Wednesday 10 September Tanya Steinbeck, CEO of UDIA WA discusses why WA is so focused on Double Brick homes, while other countries have been building more sustainable and efficient homes for years.
The Australian Financial Review Australia will deliver 30,000 fewer apartments this year than previously expected as developers hold off on projects they couldn’t sell profitably and weak presales and weather delay construction, CBRE says in a new report. The number of new apartment completions will drop from 64,031 last calendar year to 52,505 – well […]
WA Today Perth residents are more likely to build a home further from the city centre, new data shows, as the state’s population balloons and household budgets shrink. The area with the most new building approvals for January-June 2025 was in Wanneroo, followed closely by the neighbouring Swan, then Mandurah to the south, further increasing […]
Business News A funding boost from the federal government’s $10 billion housing fund is set to trigger the construction of 515 social and affordable homes in Western Australia. Federal Housing Minister Clare O’Neil tonight announced that the WA government would receive funding via the latest round of the Housing Australia Future Fund. This will enable […]
The West Australian Perth’s median dwelling price has hit a new peak of $836,000 after jumping $65,000 over the past year — more than most households can save — with anticipated interest rate cuts set to further buoy the market. PropTrack’s latest price index, set to be released on Tuesday, shows Perth’s astonishing property marathon […]
Business News A growing number of Western Australians are experiencing housing stress and supply is failing to keep up with demand, new research shows. The Bankwest Curtin Economics Centre’s latest housing affordability report reveals that more than 210,000 WA households consider their housing unaffordable, representing a 91 per cent uplift in two years. The report […]
The West Australian Perth’s staggering run of rental increases has finally come to an end, with median house rents dropping for the first time since late 2021. New Figures from the Real Estate Institute of WA shows April rental price drop shaved 1.4 per cent off the weekly rent for houses — or $9.50 — […]
Australian Property Investor The measure of inflation most carefully watched by the Reserve Bank of Australia has fallen within the central bank’s preferred range for the first time in four years. Trimmed mean annual inflation fell to 2.9 per cent from 3.3 per cent during the previous quarter, marking the first time that trimmed mean […]