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WA Property Market Update April 2024
April 29th, 2024In April 2024, the Western Australian property market continues to grapple with affordability as a key issue, particularly within the residential and retail sectors. How can families and business owners access the right property in prime locations without breaking the bank? What are businesses up against in the retail property sector, in this world ofread more
WA Property Market Update March 2024
March 27th, 2024As Western Australians navigate a tricky economic and property market landscape through the end of the March quarter and into the remainder of 2024, the latest data reveals interesting trends in the WA housing values and rental markets. Despite challenges like interest rate hikes, worsening affordability, and the rising cost of living, certain factors likeread more
WA Property Market Update February 2024
February 28th, 20242023 emerged as a year of robust growth and significant transformations in the WA Property Market, with more of the same expected through February and the rest of 2024. Anchored by increasing median house prices in Perth, the market demonstrated resilience and appeal and maintained its status as the second most affordable capital city inread more
WA Property Market Update January 2024
January 31st, 2024As we see out January and venture further into 2024, the Western Australian property market presents a landscape of opportunity and resilience, having weathered economic fluctuations and policy changes in 2023. Last year was a testament to the market's robustness, with Perth’s property market experiencing substantial growth, where other markets struggled. Now looking ahead toread more
WA Property Market Update December 2023 & Year in Review
December 15th, 2023As the year 2023 draws to a close, and with a welcome announcement of no interest rate changes from the RBA in December, it's time to reflect on the dynamics of the Western Australian property market. Let’s have one last look at the WA Property Market for 2023, review the year, and look ahead toread more
WA Property Market Update November 2023
November 29th, 2023In case you missed it – following several months of welcomed interest rate stability, the Reserve Bank (RBA) opted to increase the cash rate by a further 25 basis points in early November. Their campaign to rein in inflation continues, and this latest increase marks the 13th such upwards move in 18 months – comingread more
WA Property Market Update October 2023
October 30th, 2023In light of recent distressing events in the Middle East, Australia, although geographically distant, braces for the inevitable economic impact, particularly a potential surge in energy prices. This global unrest emerges during a time when we had otherwise anticipated stability, particularly regarding interest rates, with speculation of potential rate cuts in 2024. However, the prevailingread more
WA Property Market Update September 2023
September 29th, 2023As we transition out of September and into the last quarter of 2023, the Western Australian property market demonstrates a dynamic landscape for prospective buyers and investors. We’ve now seen three consecutive months of the RBA holding interest rates steady (currently at 4.10%), and with it a sense of calm and increased economic certainty. Theread more
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