The Perth and broader West Australian property market stands out for its dynamic and diverse characteristics, presenting a unique blend of opportunities and challenges in both the residential and commercial sectors. ... Read more
From assistive payments to major housing developments, the announcements of this year’s budget have implications for owners, buyers and investors alike in the short and long term. ... Read more
Perth’s industrial property sector is currently witnessing its longest period of sustained growth in history, reflecting broader changes in global supply chain dynamics and a resilient local economy.... Read more
Over the past 12 months, property prices in Western Australia have increased by 12.2 percent, with Perth rising by a staggering 19.8 percent, as shown by CoreLogic data. ... Read more
Realmark founder and managing director John Percudani believes the current Western Australian property market is unhealthy and unsustainable. ... Read more
November 2023 marks a turning point in Australian retail, with a record $36.5 billion spent, outpacing the traditional December rush. Realmark's Michael Richardson highlights the impact of Black Friday and Cyber Monday on this shift.... Read more
Realmark managing director John Percudani told The West Real Estate these factors will see the Perth property market remain highly competitive in 2024 – but we could see a cooling off later in the year.... Read more
Perth's industrial property market demonstrated remarkable resilience and growth in 2023, despite navigating challenges like limited land availability, high construction costs and interest rate increases. ... Read more
Perth's office market in 2023 experienced a gradual resurgence in occupancy, driven by evolving work models and a growing focus on employee well-being and productivity.... Read more
As the Western Australia summer commences, it ushers in a period of high activity in the property market, with a surge in prospective buyers. ... Read more
Short-term rental owners have been advised to use the WA Government’s $10,000 financial incentive payment wisely if converting their property to a long-term rental. ... Read more
On November 7, 2023 the Reserve Bank of Australia (RBA) raised the cash rate target to 4.35 per cent as part of the RBA’s efforts to bring inflation towards its target rate of two to three per cent.... Read more