Category: Affordability
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WA’s housing crisis hits first home buyers as parties debate stamp duty reform and support measures
The West Australian First homebuyers have become a major election battleground, with the WA Nationals vowing to cover settlement fees and accusing the Cook Government of blocking access to assistance grants. The West Australian can…
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Inflation figures unchanged at 2.1 per cent as CPI numbers dash hopes of early rate cut
The West Australian New data from the Australian Bureau of Statistics shows that inflation has failed to drop in the month of October in a sign that prices are yet to come under control. The…
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Housing minister says stamp duty is ‘bad tax’ that distorts the market
ABC Federal Housing Minister Clare O’Neil has swung her weight behind a Business Council of Australia push for states to scrap stamp duty and ease the housing crisis by removing barriers to property transactions. “It’s…
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Cost to build homes in Perth increases, putting pressure on established market
WA Today The cost of building a new home in Perth has continued to climb, pushing the city’s depleted established residential property market to new highs. CoreLogic’s latest Cordell Construction Cost Index, which tracks the…
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WA housing affordability declines
Business News Nearly 40 per cent of a family’s income is needed to afford a house in Western Australia, industry data for the past quarter shows. The Real Estate Institute of Australia Housing Affordability Report…
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Almost a third of suburbs see property prices fall
Australian Property Investor Property prices are in decline in almost 30 per cent of Australian suburbs, a fact that a surprisingly high proportion of Australians regard with a sense of relief. The past three months…
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Perth’s median house price to smash new records in 2025
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…
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Australian property prices remain resilient despite economic headwinds
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…
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Changing needs require diverse housing options
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,…