Western Australia


Read the latest Western Australia property market news, feature articles, commentary and analysis here.
Scott Pape is wrong on negative gearing: Margaret Lomas

negative gearing

Scott Pape is wrong on negative gearing: Margaret Lomas

Margaret Lomas says Scott Pape is wrong arguing for the removal of negative gearing forecasting a housing rental crisis if it were abolished.

residential

Vendor discounting climbs slightly in Melbourne: RP Data

The rate of vendor discounting for houses in Melbourne rose to 8.7% over the week to May 12, up from 8% the week prior.

self managed super funds

Your SMSF could be hurt by proposed super and pension changes

The proposed new pension tax is likely to significantly impact super fund members if this proposal ever finalised as law.

residential

WA government warns consumers about east coast “property investment spruikers"

The warning follows officers from WA's consumer protection attending a number of free seminars to gauge the content and message being presented to potential investors.

landlords

Rental crisis easing as national residential vacancy rate rises to 2%: SQM

Louis Christopher says rent rises, which have been running at above inflation for the past five years, will now slowdown to be more in line with CPI.

australian capital territory

The Block Sky High and House Rules fall in ratings

The Block fell from 1.308 million viewers on Tuesday night to 1.062 million, slipping from second place to fourth place.

mortgages

RAMS cuts two-year fixed-rates to 4.99% and waives investment home loan fees as investor demand rises

RAMS has reduced its three-year fixed-rate home loan by 20 basis points to 5.09%.

residential

Federal government calls for state government stamp duty concessions for downsizing seniors

Federal ministers Jenny Macklin and Mark Butler have asked state governments to introduce stamp duty concessions to encourage seniors to downsize.

residential

Real estate is only worth what someone else will pay for it: Pete Wargent

Real estate, just like bitcoins and tulips, is only worth what someone else is prepared to pay for it. Therefore, you should only own property where there is a huge demand and a growing population.
Sensible investors are unlikely to be swayed by RBA meetings...

residential

Sensible investors are unlikely to be swayed by RBA meetings or political shenanigans: Terry Ryder

My experience of seven years with a property investment website is that any interest rate decision, whether up or down, causes a temporary shutdown of normal business.

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      Macquarie's harbourfront-bound Nicholas Moore finally secures Federation Mosman sale Jonathan Chancellor
      Meanwhile, Mike Quigley, boss of the federal government's National Broadband Network, has also sold his Mosman mansion recently at $3,555,000. It represented a loss on the $3.6 million paid in 2007.
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      Developer Spotlight

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      Atria Apartments in Hawthorn offers buyers an opportunity to invest in one of Melbourne’s finest suburbs.

      RP Data-Rismark May 24 daily index
       

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