We bring the whole team to give you a powerful advantage
Learn More
News

Giving at Christmas

By Hayden Groves

The National Hotel and St. Patrick’s Community Support Centre put on a fantastic Long Table Christmas Dinner last Saturday night and announced they’d raised around $750,000 since the event first launched to assist those without a place to call home. A shout-out to Karl and Janine Bullers for their inspiration.

You see evidence of homelessness everywhere every day. I hear that Fremantle has a resident population of about 100 rough sleepers.

Such is the confronting nature of homelessness that some of us opine that those in authority must ‘move them on’, put them elsewhere to make our lives less confronted. But this just locates the problem elsewhere.

Family break-down, domestic and family violence, job-loss, addiction and untreated mental health issues all contribute to homelessness and most of us can’t imagine ever being amongst their number. It has been said we’re all a handful of catastrophic life events away from homelessness. It is not an incurable disease; it is rarely a choice and it can be overcome.

 incentivise these modest investors

There are dozens of organisations whose sole purpose is to help transition the homeless back into secure, affordable housing. Local heroes like St Pat’s do extraordinarily good work in supporting Fremantle’s homeless. Yet St. Pat’s is constrained by funding, they never have enough beds to house the needy and, amongst many other organisations, can only do so much with their small army of volunteers.

REIWA members, through the Community REInvest program provide financial help to the Salvation Army’s various homeless assistance measures. So far, REIWA agents have donated more than $1,000,000. Local agents, Caporn Young, White House and dethridgeGROVES support this program and I encourage other REIWA member agencies to join.

Current government social housing systems mean eligible applicants can wait up to eight years to get into suitable housing. According to various sources, 60,000 households need social and affordable homes in WA, yet despite the overwhelming need for housing, 1 in 6 homes nationally remain underutilised.

The state government has pledged to build 3300 more social homes within the next four year which should help but this is really only playing catch up. There are already 7000 fewer privately owned investment homes in market now than a year ago.

For every government-supplied home, mum and dad investors supply ten. Part of the solution to finding affordable homes for those on struggle street is to incentivise these modest investors. How about removing stamp duty for those that commit to buying affordable rental properties or guaranteeing attractive rent returns in exchange for providing affordable rents. Perhaps early access to superannuation with guaranteed buy-back at pre-determined returns into the future.

The great work of benevolent groups is laudable, but investors need more encouragement in solving homelessness.

Up to Date

Latest News

  • New AML Laws On Way

    Australia is entering a new era of regulatory oversight as recent Anit-Money Laundering (AML) reforms bring substantial changes to the real estate sector. Legislation passed last year will extend AML obligations to “tranche two” professions which will capture real estate agents, buyer’s agents, property developers, lawyers, accountants and conveyancers adding … Read more

    Read Full Post

  • When Will Market Peak?

    Looking at Cotality’s graphical representation of changes to Perth’s dwelling values since 1990, we are a market prone to steep ebbs and flows. Rolling five-year increases to dwelling value as at June 1991 was 94%, September 2006 137.8% and our most recent spike September 2025 82.7%. Our current price cycle … Read more

    Read Full Post