Report shows affordability improving in Western Australia: REIWA
“With our local market on the cusp of recovering, now is the time for buyers to take advantage of favourable conditions," says Hayden Groves, president of the REIWA.
The median house price for Australia's combined capital cities fell 0.8 per cent during the September quarter, according to the latest REIA Real Estate Market Facts report.
Shane Kempton, Chief Operations Officer for Professionals in Western Australia and the Northern Territory says there has been a significant increase in the number of properties for sale on main roads in Perth over the past two years.
A significant fall in the number of properties listed for sale in Perth suggests the market could be recovering, says Shane Kempton, Chief Operations Officer of Professionals Real Estate Group.
Get to know Simon McGrath of Abel McGrath, Perth: "I go to bed at the end of the day feeling great about what I do"
Simon McGrath was helping out in a mate's plumbing business when a casual conversation with a customer triggered the realisation that real estate was a career he could excel in.
Should you buy or rent? REIWA and Curtin Uni launch 'Buy-Rent Index'
The Buy-Rent Index can help to identify the annual house price growth rate required for home ownership to be more financially advantageous than renting.
