Category: Affordability
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Housing affordability declining: BCEC
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…
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Perth rental market finally cooling off for first time since 2021 after staggering run of price increases
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…
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Inflation lands in RBA’s target range for first time in four years
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…
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Perth house price growth slows
Business News The capital has lost its status as the nation’s fastest growing city for house prices, pipped by Adelaide and Darwin in January. Perth’s house prices are no longer growing at the fastest rate…
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Inflation takes a tumble, with an interest rate cut now appearing certain
Australian Property Investor Inflation has taken a bigger than expected fall in data released today, placing more pressure on the Reserve Bank of Australia to cut interest rates on 18 February. The most politically sensitive…
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Housing affordability blow as construction costs go up
The West Australian When COVID-19 disruptions caused inflation to shoot up, so did the cost of building new homes. So, as inflation returns to normal, why are construction costs accelerating again? It’s a dilemma that…
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Keystart home loan thresholds to be lifted
The West Australian Thresholds for Keystart home loans will be lifted to reflect surging Perth property prices and make the market more accessible for first homebuyers. The West Australian can reveal housing — a key…
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2025 Perth property forecast: Top five forecasters predict prices will grow by an average of 8 per cent
The West Australian Property prices will grow an average 8 per cent in 2025, according to five top forecasters, with one foreshadowing the median house value will be close to $1 million by the end…
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Fresh Perth home listings surge to the highest level in three years
The median time to sell a house in Perth has risen to 13 days in November, up from the nine days recorded for most of 2024. REIWA chief executive Cath Hart said median days on…