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  • Auction activity low this weekend

    IT was a quiet weekend of auctions, in the wake of exTropical Cyclone Alfred plus the Labour Day long weekend in some states, which resulted in low volumes and smaller crowds, according to Ray White.

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  • Super Homes

    As COVID-19 rolled out across the globe, our Federal government responded by introducing various stimuli designed to keep Australians working and building homes. Building commencements spiked but the rapidly rising costs of materials and labour combined with fixed price building contracts has seen nearly 3,000 construction companies fail this year … Read more

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  • Blockchain in Real Estate

    Like a startled rabbit staring into headlights, this Gen Xer listened intently to the REIWA Trainer awaiting the lightbulb moment for clarity and understanding of what Blockchain is. Unremarkably, blockchain was simply described as a “chain of blocks”. Not that helpful to my understanding. For the benefit of others, here’s … Read more

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  • Resilience in the rain

    The rain came down, day after day, week after week. It wasn’t just a summer storm or the usual wet season downpour; it was relentless.

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  • Will Rate Cuts Impact the Market?

    Economists predict there is an 80 percent chance the Reserve Bank will cut the official cash rate by 25 basis points when they meet later this month, bringing the official rate to 4.15 percent. Already, banks have moved to reduce interest rates paid on term deposits, a clear predictor of … Read more

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  • Personality or Proficiency?

    Scrolling through the listings throughout Fremantle on reiwa.com the other day, not only are there hardly any homes available for sale – only 24 that weren’t under contract – most of the stock is apartments at a ratio of 80:20. Quality detached homes are in huge demand across the entire … Read more

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  • What’s in Store for 2025?

    With Perth’s property market growth leading the nation throughout 2024 with around 24 percent growth in property values, some property commentators are predicting a slow-down in capital gains as the year progresses. Core Logic data showed Perth ahead of the rest of the nation in growth for 2024 with Brisbane … Read more

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  • Missing Out

    Licensed real estate agents are regulated by the Department of Mines, Industry Regulation and Safety (DMIRS) with consumers able to seek advice and lodge complaints about agents’ behaviour to that department. The Real Estate Institute of WA (REIWA) also has a community hotline where consumers can obtain real estate advice … Read more

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  • Consider an Auction

    There are early signs that the property market is tipping back into equilibrium as listing levels creep up (currently at 3-year highs), numbers through home opens edge back and inflationary pressures bite. Although, it remains a sellers’ market with the balance between supply and demand still a long way from … Read more

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  • Giving at Christmas

    The National Hotel and St. Patrick’s Community Support Centre hold their annual long table dinner event each November to raise much-need funds to assist those without a place to call home. This year’s was a cracker and a shout-out to Karl and Janine Bullers for their inspiration. You see evidence … Read more

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  • Has the Market Peaked?

    The media and government have thrown about the phrase ‘housing crisis’ in recent times to highlight the challenges of Australia’s housing market. The overuse of a slogan can reduce the seriousness of the challenge of housing affordability. Last week, the federal government finally got legislation through the parliament designed to … Read more

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  • Fix the FHOG

    In times of crisis, governments often throw money at a problem in order to maintain economic momentum. When the global financial crisis hit in 2009, the then Rudd government raised the First Home Owner’s Grant (FHOG) to $14,000 for established homes and a whopping $21,000 for new builds. In some … Read more

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