News Articles for Real Estate Institute of Western Australia

Economic conditions are paving the way for the retail property sector to become a preferred asset class for investors.

This week's appointments include Veronica Jeffery, Kylie Groves, Marisa Orr, Tim Fraser, Ben Jones, Graham Gadsby and more.

Blaine Slater has been appointed chief executive of the Real Estate Institute of Western Australia, following Cath Hart's resignation in May.

One of the state's major builders is critical of the industry's preoccupation with double brick homes, but says it is slowly changing.

Western Australia has recorded one of the highest portions of suburbs experiencing peak property prices in the country, according to a new report.

New data has revealed the Perth suburbs that recorded the highest growth in median house sale prices for the last financial year.

New data on property prices has shown the highest growth since September last year.

Perth's house values continued to rise last month with the trend linked to the Reserve Bank's recent rate cuts.

Applecross-based Mustera Property Group has appointed stalwart director Nicholas Zborowski as its managing director.

Real Estate Institute of Western Australia chief executive Cath Hart has announced her resignation, after three years in the role.

Recent figures show that the availability of rental properties in Perth is increasing, but industry experts say rents could still rise.

The property industry has welcomed a move by the state Labor Party to commit to increasing thresholds for stamp duty exemptions if re-elected.

A list of notable businesspeople has weighed in on the future of Perth, including Wesfarmers chairman Michael Chaney, property developer Adrian Fini, and WA chief scientist Peter Klinken.

Our weekly appointments wrap includes Aaron Rankine, Ian Macliver, Carol Adams, Ashleigh Lyford, John Gillam, Suzanne Brown, and Romina Raschilla.

The Real Estate Institute of Western Australia council has appointed Suzanne Brown as president, replacing Joe White.

Nearly 40 per cent of a family's income is needed to afford a house in Western Australia, industry data for the past quarter shows.

Mark Beyer and Mark Pownall discuss the week in lithium; construction issues; Fortescue's share price tumble; inflationary data; interest rates; house prices; CFMEU action; and Rex's plight.

The city has continued to rise at a faster rate than any other capital, with a 2 per cent increase in CoreLogic's index to a $773,335 median.

Perth's rental vacancy rates have risen to 1.25 per cent, yet rental conditions remain exceptionally tight.

The state government has upped the property price and income limits for its Keystart home loans, a move widely welcomed by industry stakeholders.

Housing and rental affordability in Western Australia has declined in the recent quarter, recent data from Real Estate Institute of Australia shows.

Resources royalty reliance and a lack of action on payroll tax were among the key observations from business groups digesting today's state budget – the first from Treasurer Rita Saffioti.

The city's rental vacancy rate has hit a new record of 0.4 per cent, while rental prices are growing at the fastest rate in Australia

Mark Beyer and Mark Pownall discuss changes at BGC, APM and Austal ownership, Quintis in receivership, and home market data.

A surge in overseas migration and continued strong interstate migration has resulted in Western Australia's population growing at its fastest rate in 14 years.

The industry body says continuing transfer duty concessions for apartments will boost much-needed supply.

A recent analysis of the unit market shows the segments that stood out over the past 12 months.

Perth remains one of the tightest rental markets in Australia, with its vacancy rate sitting below 0.75 per cent.

Mark Beyer and Jack McGinn discuss BGC results; home building incentives; housing price hikes; Rio royalty payments; Harvest Road's loss; all the action in lithium; Satterley's LWP deal and Cottesloe preselection.

Nadia Budihardjo with the latest on Rio royalty payments; Woodside's Fringe split, and REIWA listing data.

New data from REIWA shows the state's listings plummeted in December as the housing shortage continues.

Experts say the state's house price growth should continue to outpace the nation in 2024.

In this podcast, Mark Beyer and Mark Pownall discuss house prices; interest rates; Monadelphous buy; Tasmea IPO; infrastructure blowouts; Liontown; VGW; interesting property deals; labour market shortages and IR reform.

Our weekly appointments wrap includes Wes Smith, Basil Lenzo, Nathan Harman, Chiara Pacifici, Joe Totaro, Kristie Young, Steven Lawrence, Neale Fong, Peter Mansell, Lee Guthrie, Paul Lombard and Sandra Bell.

New data from CoreLogic shows the city's rental vacancies are the second lowest in the nation, at a record 0.5 per cent.

Western Australia's unemployment rate rose by 0.4 percentage points in August, despite reporting a record high number of people in work.

The weekly median for rentals reached $575 last month, reflecting the ongoing changes in Western Australia's realty sector.

The residential rental vacancy rate has increased to 0.9 per cent, the first rise in six months recorded by REIWA.

The capital city outpaced national home price growth to hit a new high in median value.

Recent data from REIWA shows a record average sale time for houses of 10 days, as well as record rental yields and vacancy rates.