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 shows 39.5 per cent of family income was needed to meet loan repayments in the state, based on a median of $2,630 and average monthly payment of $4,504.
Housing affordability in WA fell by 1.7 per cent in the June quarter or 4.8 per cent year-on-year, according to the report.
Opinion Editorial, Published in The West Australian Newspaper, Wednesday 22 April 2026 Terms like ‘unprecedented’ and ‘global uncertainty’ became part of everyday language during the pandemic. Just as the development and construction industry was finding…
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Business News Rita Saffioti has signalled a potential expansion of the first home buyers’ grant, while reassuring developers connections to infrastructure should improve. Speaking at an Urban Development Institute of Australia WA event today, the…