PERTH’S April property market data is encouraging according to Reiwa.
While prices fell again, the decline appears to be slowing, with CoreLogic’s latest home value index showing the rate of decline for dwelling values in Perth held at -0.4 per cent for a second consecutive month.
Reiwa president Damian Collins said while prices remained soft, the percentage … Read the full post »
So what’s a house and land package? As the name suggests, a house and land package is when you purchase an un-built home with a block of land together at the same time.
Generally speaking, you have the following options when it comes to having a brand new home:
you purchase (or already own) an existing home, you knock it down and rebuild a new home
you purchase a vacant block … Read the full post »
House prices in Perth have risen for 2 consecutive months indicating a market in recovery
Perth property market records two consecutive months of quarterly growth
IT MAY be time for investors to … Read the full post »
Qantas will operate non-stop flights on its new 787-9 Dreamliner aircraft between Perth and London from March 2018. The 14,498 kilometre service will be the first regular passenger service to directly link Australia with Europe and will take about 17 hours, the airline said. “This is a game-changing route flown by a game-changing aircraft,” Qantas CEO Alan Joyce said in a statement. “Australians have never had a direct link to Europe before so the opportunities this opens up are huge.” The new flight will operate through Qantas’ existing domestic terminals at Perth Airport, which will be upgraded to accommodate international flights. The airline’s current international services from Perth (to Singapore and to Auckland) will also move to this terminal. Qantas will move its operations to an expanded Terminal 1 at Perth Airport by 2025, pending a commercial agreement. “We’ll be looking at the timing of our domestic flights through Perth to offer the best connections we can to our international flights, particularly given they will all be under the one roof,” Mr Joyce said.
Qantas’ 787-9 Dreamliner will take the skies in 2017.
Seats on the Perth-London flights will go on sale in April 2017 for the first services from 2018. The Dreamliner will carry 236 passengers. Qantas, the West Australian government and Perth Airport will contribute to the upgrade of the airport to facilitate the new route. The WA government has committed $14 million for capital works to accommodate infrastructure requirements for Commonwealth border services at domestic terminal T3
DECEMBER 12 2016
The latest Housing Affordability Report by CoreLogic reveals that Perth is now one of the most affordable capital cities to buy a property in Australia. The report revealed that on the measurement of price to income ratio, Perth (5.5) was now more affordable than Brisbane (5.7), Sydney (8.3), Melbourne (7.1) and Adelaide (6.2). Only Darwin (4.5) was more affordable than Perth, while Hobart (5.5) was equal to Perth … Read the full post »
An award-winning mortgage broker has urged investors to buy sooner rather than later as future regulatory measures could make it increasingly difficult to obtain a mortgage. “As we enter the new year it doesn’t look like things are going to get easier in the qualification for investment home loans, in fact it looks like it is going to get a whole lot harder,” Andrew Harrison of Key Invest … Read the full post »
2016 is shaping up to be a year in which opportune investors reap the rewards, as the Australian property market starts to transition from the recent strength in our two largest cities. Examining each of the capital city markets on a broad scale, the past 12 months have delivered substantially mixed results. Much of the focus in 2015 has been on Sydney and Melbourne, where median dwelling prices … Read the full post »
A leading real estate group believes more investors will re-enter the property market as volatility in Australia’s share market continues. LJ Hooker’s national research manager, Matthew Tiller, said the recent share market turmoil will increase the appeal of residential property as a viable investment. “The current share market instability will have a lot of investors looking for a safer and less volatile investment, and real estate markets will … Read the full post »
By Paul Bennion
Posted on Wednesday, 23 November 2016
Smart investors know how to time the market and get in when the going’s tough. So is Perth at the perfect point in the property cycle to grab a bargain?
For some time now I have been saying that now is a great time to invest in the Perth property market.
That is because smart investors always buy at the bottom of the … Read the full post »