Western Australia's property industry is shaking off the negative sentiment caused by the COVID-19 pandemic.
PERTH
Australians all across the country are feeling “clear optimism” about the housing market, new data from Westpac has revealed.
The extent of the financial hit property investors are currently taking has been laid bare with new figures showing more than half of Perth units sold this quar…
CoreLogic’s capital city sales numbers across August show Perth is the only city where sales were above the six-month pre-Covid average.
New arrivals to Perth are expected to place further strain on rental vacancies.
Flipping houses has quickly grown in popularity but making a quick buck is not as easy as it once was.
Experts and property economists have lauded Perth as Australia’s next property hotspot after spending years in the doldrums following the decline of the mining …
Forecasts of a double-digit pricing fall sparked by coronavirus-induced economic shock have done little to sway some prestige buyers.
Real estate agents say returning ex-pats and east coast workers are putting price pressure on pockets of Perth.
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One of Australia’s most ambitious green buildings has gained the endorsement of one of the world’s biggest environmentalists, with Sir David Attenborough giving his nod of approval to the Koichi Takada-designed Urban Forest project in Brisbane.
Developers are continuing to have strong sales success in South East Queensland, with luxury Gold Coast apartment and master planned land projects selling quickly and seemingly defying the COVID crisis.
Property markets in Adelaide and Perth are moving into overdrive, with competition among buyers getting fierce as homes sell swiftly and rental vacancies plunge.
More than 800,000 Australian mortgagors have arranged payment deferrals with their lenders since March, and with repayment holidays and government stimulus payments being wound back, some households may face a mortgage crisis if their income levels have not rebounded.
Western Australia has extended its Building Boost for new home builds, at the same time that new research has been released saying that more targeted stimulus is needed if the housing construction sector is to lead Australia’s post-COVID recovery.
Cinema rooms are being replaced by home offices, while relaxation zones are superseding the guest room, with the coronavirus pandemic prompting a seismic shift in what homeowners and renters want from residence.
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