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  • Full circle moment on the Central Coast

    Kurt Bratby and Sean Pratt are proudly expanding their footprint on the Central Coast, opening their second Ray White office - this time in Charmhaven, a suburb that holds deep personal and professional meaning for the duo.

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  • Cost of Selling

    REIWA tells us Perth’s median house price has hit $800,000, a $100,000 (about 15%) rise since this time last year. Recent “catch up” price rises have been rapid. In 2020, the median house price was $478,000. Sales volumes continue to increase too, with about 60,000 sales across Perth in 2024 … Read more

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  • It’s Supply, Stupid

    Bumping into a local developer this week at a local café led to an interesting chat about the current state of the local property market and the difficulties he faces in getting projects out of the ground. In summary, unless a developer can sell an average two-bedroom apartment at completion … Read more

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  • Rate Cut to Spur on Market

    When interest rates fall, the ripple effects across our local property market can be both swift and significant, putting further upward pressure on property values and impacting affordability. When the RBA met earlier this month and lowered the cash rate to 3.60%, making it the third rate cut of the … Read more

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  • Consider a Buyer Agent

    When first deciding to buy a property whether it be your first or fifteenth, one to live in or rent out, most buyers look to the internet for inspiration, information and insight. The sheer volume of property information available on line is staggering; the days of having to pour over … Read more

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  • Perth Still Affordable

    With double-digit annual house price increases across Perth for several years now, it is hard to fathom that comparatively, WA remains one of the most affordable places to buy and rent property in Australia. The Real Estate Institute of Australia’s latest Housing Affordability Report reveals housing affordability improved by 3 … Read more

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  • What’s Next for Property Markets?

    Predictions of how property markets are likely to behave into the future are always risky, especially if people rely on them. You’d want to be pretty certain the predictions will play out in the manner forecast or risk the livelihoods of those that make real estate decisions predicated on such … Read more

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  • Waiting on Spring to Sell?

    During the winter months, when market conditions can flatten out, vendors often choose to hold off on their selling plans until spring when both gardens and moods improve. In a balanced market, this can be a reasonable strategy; an attractive garden can add genuine value to a property and there … Read more

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  • Which Stat?

    Property market analysis can be confusing with the major data houses and property commentators using a variety of price assessment methodologies in their published analysis. For example, according to Core Logic, Perth’s median dwelling value is $813,810 as at 31st May. Ray White group’s Chief Economist reckons Perth’s ‘geometric mean … Read more

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  • Which Agent?

    Much has changed in real estate practice since I first entered the fray in 1998. Back then, sales agents would erect their own signs, call the ‘West’ to lodge their weekend adverts (yes, there was no online advertising) and drive buyers around in their ‘sensible sedans’. Typically, agents would carry … Read more

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  • Rate Cut Impact

    This week’s decision from the Reserve Bank of Australia to reduce the official cash rate to 3.85 percent during a period of property price growth is likely to sustain the current upward market trajectory. As the cost of borrowings fall, access to funds from buyers previously unable to meet the … Read more

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