Hayden is Deputy President of the Real Estate Institute of Australia and past President of the Real Estate Institute of Western Australia. He is also the director of dethridgeGROVES Real Estate in Fremantle.
Six out of 12 regional centres across WA experienced positive median house price growth in the December quarter 2016.
Perth’s median house price increased by nearly two per cent in the three months to December 2016.
Less than one per cent of properties are sold without an agent.
Interestingly, more sellers had to drop their listing price in Albany and Broome this quarter, while in Karratha and Port Hedland the opposite was true, with both centres experiencing a significant reduction in the number of sellers who had to reduce their asking price over the quarter.
Perth’s first-home buyer market showed no signs of slowing down in the September quarter, with half of all transactions occurring at the lower end of the market.
Web sites offering to 'find the best agent near you' will never deliver as good a result as choosing an agent through face-to-face interviews.
REIWA President Hayden Groves says easing property prices in Western Australia is making home ownership more accessible.
Western Australia was one of only two states in the nation to not experience a decline in home ownership between 2002 and 2014, according to the latest HILDA report.
REIWA’s policy position is to retain negative gearing provisions in its current form, as well as promote the need for broader tax reform, nationally and locally. Changing one part of the tax system without considering it as a whole will only lead to inefficiencies, administrative burden and distortions.
Labor’s plan acts as a disincentive to supply rental accommodation to the established market.