Archive for January, 2014

The selling market

Current data from the Real Estate Institute of Western Australia show that sales turnover lifted during both October and November pushing Perth’s median house price to a new record.

The data show sales had returned to normal levels and indicate that for the three months to November Perth’s median house price climbed to around $530,000 – $535,000, up from the previous peak of $525,000 on the June quarter.

REIWA President David Airey … Read the full post »

Posted in Tips on 24th January, 2014 | No Comments »

Converting your family home to an investment

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Posted in Tips on 22nd January, 2014 | No Comments »

Is it better to buy then rent ??

REIWA has reported recently that housing affordability has improved over the last year and that median rents have climbed by 12 per cent.

So, for many people renting a question they are asking themselves is, “Would we be better off to buy?”

Current data show the median purchase price for first home buyers is around $420,000 while metropolitan rents are around $470 per week.

Not everyone is in a position to borrow and … Read the full post »

Posted in Tips on 13th January, 2014 | No Comments »