Current data from the Real Estate Institute of Western Australia is showing that the metropolitan rental market is easing with many owners having to adjust rents to meet changed conditions.
The vacancy rate has lifted from a tight 1.9 per cent at the end of last year to around 3.1 per cent in September with current listings sitting at 3,850 dwellings.
This is 80 per cent more stock than the same time … Read the full post »
Did you know that the first post and telegraph office in South Perth operated out of a room at the foot of the stairs in the Windsor Hotel?
The office began operating on 7 November 1898 (the same day that the Windsor officially opened for trade) and continuted to operate until the Post Office on the corner of Mends Street and Mill Point Road was constructed in 1900.
Many people reading this column might be relaxing at a beachside getaway, a wine region in the Southwest, a great fishing spot in the Kimberly or perhaps in a heritage town in the wheat belt.
Over summer many people will be enjoying the state’s delightful holiday spots, particularly along the coast. Places like Dunsborough, Denmark, Dongara, Lancelin, Cervantes, Albany and beyond. Over the years many people have bought holiday homes in … Read the full post »
When it comes to estimating the market value of property the building and its design features are the main variables. By contrast land value is relatively easy to estimate.
The old adage that “there’s a buyer for every property”, is true, but it depends on price. Some properties, however, contain popular building and design features making the estimation easier.
As a general guide, here’s an explanation of contemporary attitudes to WA homes … Read the full post »