REIWA welcomes the launch of Keystart’s $250 million Pre-sale Guarantee scheme. President Rob Mandanici said the scheme, which was announced in the 2026-27 State Budget would support the delivery of affordable and diverse housing options, helping more Western Australians achieve home ownership. “One of the significant challenges for the housing market over the past few
The number of rental properties available for lease across Perth has dropped below 2,000 for the first time since March. There were 1,914 properties available for rent on reiwa.com at the end of September. This was 5.7 per cent lower than August and 8.8 per cent lower than the same time last year. REIWA
As seen in The West Real Estate Is Perth experiencing a buyer’s market? With negative market commentary out of the east coast impacting sentiment in WA, I felt it was important to give some local context. The Perth market has moved quite quickly from a strong seller’s market to being far more favourable for buyers.
Sales transactions in Perth last week were similar to the previous week, with REIWA members reporting 631 transactions. A closer look shows house sales were up 6.9 per cent compared to the week prior, while unit sales were down 3.4 per cent and land sales were down 49.0 per cent. Top Performing Suburbs – Sales Alkimos
Home ownership grows more challenging for tenants: REIWA data shows there are no Perth suburbs where it is cheaper to buy a house than rent one… There are no Perth suburbs where it is cheaper to buy a house than rent one, according to new research from REIWA. The research compared the median monthly house
The Reserve Bank of Australia (RBA) has raised the cash rate by 25 basis points to 4.60% at its September meeting. Read the full statement here. Underlying inflation remains persistently above target. Annual trimmed mean inflation – the RBA’s preferred measure – held at 3.6% in the 12 months to July 2026, unchanged from June
Another cash rate increase isn’t guaranteed – but borrowers may be better off preparing for one than hoping it won’t happen. The Reserve Bank has already lifted the cash rate by 0.75 percentage points in 2026. Meanwhile, trimmed-mean inflation has remained above the RBA’s 2–3% target range since June 2025, while recent economic growth, employment
Falling property prices and rising rents are improving the income equation for property investors. Australia’s median property price has now declined for five consecutive months, falling 3.6% over that period, according to Cotality. At the same time, rents continue to rise. The national median rent increased 5.7% over the year to August. Together, those trends
Sales transactions in Perth last week were up 8.7 per cent on the previous week, with REIWA members reporting 635 transactions. A closer look shows house sales were up 8.4 per cent compared to the week prior and land sales were up 44.4 per cent while unit sales were relatively stable. Top Performing Suburbs – Sales
Stamp duty can be one of the biggest extra costs when buying a home, but eligible first home buyers in WA may not have to pay the full amount. Following changes announced in the 2026-27 State Budget, the thresholds have increased, meaning more first home buyers may qualify for a full exemption or a reduced
