
PERTH MARKET SNAPSHOT FOR THE WEEK ENDING 18 OCTOBER 2020
There were 10,379 properties for sale in Perth at the end of this week, which is in line with last week.
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PERTH PROPERTIES SELL 57 DAYS FASTER THAN SEPTEMBER LAST YEAR
Data from the Real Estate Institute of Western Australia finds houses in Perth are selling 27 days quicker last month, according to president Damian Collins.
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PERTH RENTAL PRICES IN STEEPEST QUARTERLY GAIN FOR EIGHT YEARS, NEW FIGURES SHOW
Median rents for Perth houses jumped 6.8 per cent by $25 to $395 a week, the highest asking rent since early 2016, the Domain Rent Report for the September quarter released on Thursday has revealed.
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EXPLAINER: HOW AUSTRALIA’S SLOWING POPULATION GROWTH WILL AFFECT PROPERTY MARKETS
Australia’s population growth will grind to a near halt for the next two years because of coronavirus border closures, which is expected to smash GDP, the economy and harm property markets.
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PERTH MARKET SNAPSHOT FOR THE WEEK ENDING 11 OCTOBER 2020
Sales activity increased four per cent in Perth this week, with REIWA members reporting 902 transactions.
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WHAT DOES THE FEDERAL BUDGET MEAN FOR THE AUSTRALIAN HOUSING MARKET?
Three major housing-related measures were highlighted in Treasurer Frydenberg’s budget address on the 6th of October: an extension of the First Home Loan Deposit Scheme (FHLDS), additional low-cost financing for affordable housing through NHFIC, and additional funding for the Indigenous Home Ownership Program.
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LIVE LIKE THE GREAT GATSBY IN THIS INCREDIBLE PERTH MANSION
If you’re craving the kind of luxury seen in scenes from Baz Luhrmann’s 1920s-themed movie extravaganza then this Applecross mansion might be right up your alley.
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NATIONAL AUCTION MARKET PREVIEW – 11 OCTOBER
Auction volumes are set to rise this week after last week saw volumes dip, as most states welcomed a long weekend.
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WILL THE FEDERAL BUDGET 2020 HELP HOUSING
Federal budget 2020: Tax cuts and other measures tipped to help housing
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THE COMBINED CAPITAL CITY PRELIMINARY AUCTION CLEARANCE RATE CAME IN BELOW 70% THIS WEEK
Preliminary clearance rate and volumes lower over the week
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KEEPING THE CASH RATE AT THE RECORD LOW SETTING OF 0.25%
RBA holds firm this month, keeping the cash rate at the record low setting of 0.25%
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WHEN’S THE BEST SEASON TO SELL?
Tis’ the season to sell apparently, according to the latest reiwa.com data which shows houses sold in spring were snatched up much faster than any other time of year.
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POTENTIAL IN THE PERTH MARKET
CoreLogic sales and listings numbers reveal an unlikely city on the rebound
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SURGE IN DEMAND FOR PERTH PROPERTIES
Demand surges in Leederville, Winthrop and Ascot despite pandemic
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PERTH MARKET SNAPSHOT FOR THE WEEK ENDING 20 SEPTEMBER 2020
There were 10,686 properties for sale in Perth at the end of this week, which is in line with last week.
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