Moving can be expensive. Coming up with the rental bond. It needs two weeks of rent in advance. Sometimes can be a real financial challenge to renters moving to a new rental property. In many instances, tenants have not received their bond back from their previous property and face having to pay the bond for […]
A property’s exterior is usually the first thing people notice. Curb appeal attracts potential tenants, persuades them to look more closely at your rental home and will show if it has been properly maintained. It can also add that special touch that makes it a home, instead of just another property. Maintain the landscaping When […]
A good property management firm can easily become one of your greatest assets, second only to the properties that they steward on your behalf. That said, your property manager will make critical decisions on your behalf making it extremely important that you do your homework during the hiring process. Here is a guide to design empowering […]
Forty-nine per cent of sales occurred below $500,000 in February, according to the latest reiwa.com data. REIWA President Damian Collins said while CoreLogic’s Home Value Index showed prices in Perth had declined 1.5 per cent to $438,952 in February, reiwa.com data shows the composition of sales during the month favoured the lower end of the […]
There’s finally some signs of rental markets improving. Normally at this stage of the property cycle, when house and apartment prices are languishing or falling, rental markets tend to thrive and rents increase. However this time round, in part due to an oversupply apartments in many locations, rents have been holding steady and falling in the […]
Real estate agents: They are professionals who help in connecting the buyer to the seller. A lot of real estate agents also do rentals wherein they connect tenants to landlords and even maintain the property on the behalf of the landlords. For sales, they charge commission only to the seller but for rentals the commission […]
REIWA has welcomed the decision by the Australian Prudential Regulation Authority (APRA) to remove the cap on interest-only loans for residential property. REIWA Deputy President Lisa Joyce said loosening the restrictions was a win for Western Australian home buyers and investors. When APRA originally introduced these tighter lending rules, the decision was made with the […]
Perth’s median house price has stabilised, with reiwa.com data showing it held at $510,000 in December. “Median prices provide a good indication of market trends, however it is important to take a closer look at how individual sectors are holding up. For example, although overall sales are down in Greater Perth, reiwa.com data shows activity […]
