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.
Pleasingly, since the Christmas and New Year period there has been more balance and stability in the market with the median house price evening out and sales activity increasing 15 per cent on the December 2015 quarter.
Our housing system is complex and tinkering with a component of it is dangerous and ill-conceived.
Reducing the number of heavy vehicles and traffic noise in urban areas not only impacts property values, but the overall livability, amenity and safety of the suburb.
Buyers crave ease when searching for property and are seeking as much information as possible when considering a property purchase—a price, position and the next available viewing time.
Fremantle Council has backed a policy allowing the construction of 'tiny houses' in suburban areas.
As sales volumes continue to trend downwards, governments can no longer afford to rely so heavily on duties as such a significant source of revenue nor can they chase up the market with higher and higher first home buyer concessions.
Perth rents have dropped more spectacularly down 6.4 per cent on this time last year.
The results are, in the main, appallingly inaccurate and makes a mockery of offering the service in the first place.
Be cautious when looking at median house or unit price fluctuations and don’t rely on them as the only indicator of directions in market values in certain suburbs.
There is a perception that women are more trustworthy, more honest and better organised than men; important qualities for a real estate agent.