Developers and real estate agents are embracing virtual and augmented reality technology, as well as sophisticated video animations, to ensure listings stand out in what is becoming an increasingly crowded residential property market.
Median rents in Perth are down around $50 from the peak of $475 per week in the middle of 2013, as the number of properties on the market continues to rise.
Perth house prices were steady in the three months to the end of May but rents were down, according to the latest data from the Real Estate Institute of WA.
The popularity of Busselton as a residential base for FIFO workers has contributed to solid growth in house prices in the South West city, which is now a more expensive place to buy a home than Karratha, where property values continue to plummet.
A Prominent Perth real estate agent has predicted it will soon take significantly longer than two months to sell a house in the metropolitan area as listings continue to rise, sparking greater competition among sellers.
Home builders have given an overwhelmingly positive response to the state budget, but other major players in the property sector have criticised the scrapping of the $3,000 first home buyers grant
SLUGGISH conditions in Perth's residential market haven't dented confidence, with new research showing a marked increase in the number of Western Australians who believe now is a good time to buy p
The number of loans for housing in Western Australia slid by 8.5 per cent in the first month of 2015, providing more evidence of cooling in the residential property sector.
Perth house sales increased during the month of February but overall turnover was down on the same time last year, according to figures released by the Real Estate Institute of WA.
The Salvation Army's Western Australian division has recreated a strategic advisory board, about 20 years after the previous one was dismantled, with the new board including several well-known Perth business figures.
Demand for Western Australian agricultural property assets is expected to run hot throughout 2015, with offshore buyers not expected to be deterred by new rules for foreign investment in farmland.
Recently crowned Big Bash League champions, Perth Scorchers, have secured nearly three times the sponsorship dollars this year compared with last year on the back of two tournament wins in successive seasons.
Population growth is slowing, but Perth is still expanding and the challenges of a maturing city mean land developers are in for another busy year. The annual Special Report also includes an updated list of WA's biggest land developers.
Perth's housing construction boom is fuelling a blowout in the number of properties available for lease, with the proliferation of apartments in particular prompting the state's top real estate group to question whether developers and government policy were providing what residents want.
The state government has been urged to consider other measures to boost revenue rather than increasing property stamp duty, which has become a significant contributing factor in the stalling residential market, according to an influential local property player.
Apartment developers are shrugging off concerns of oversupply in key markets, a slowing pre-sales environment and falling rental values, pushing on with plans for significant new projects, both in the CBD and suburban areas.
Perth's residential rentals market is increasingly turning in favour of tenants, with rents continuing to fall and the number of properties for lease rising, according to prominent market analysts.
Western Australian home buyers are warming to the concept of auctions, with new research by the Real Estate Institute of WA showing selling via auction cuts the time a home spends on the market by
Houses sales flattened off this week and sit just 2 per cent above the average of 562/week for the year, which is unlikely to change much with only two weeks remaining in 2014.
Perth's residential real estate market is continuing to experience the malaise felt through much of 2014, with the Real Estate Institute of WA, and market analysts RP Data reporting slight lifts in
The federal government's report on foreign investment in the property sector has been roundly welcomed by industry bodies, as it identifies that offshore buyers can be a positive addition to the ma
One of the state's residential building hotspots, the northern corridor village of Ellenbrook, is entering its final phases, coinciding with its 20th year of development.
Perth house prices fell by 0.1 per cent in the September quarter, according to the Australian Bureau of Statistics, making it the only capital city to record a fall in dwelling values over the peri
Our annual Apartment Developers feature discusses the oversupply debate of apartments in Perth's inner city, the government's proposed changes to strata titles, and the next wave of demand for apartment projects.
Perth's residential property market is continuing to stall, with two measures of the median price showing it's been largely steady for the past three months, and the number of transactions dropping
Record building approvals in 2013-14 have resulted in an all-time high of dwelling commencements in Perth, but the latest data show housing construction may have hit the peak of the cycle.
Perth's residential real estate market remained largely steady in September, with the Real Estate Institute of WA reporting a 1 per cent rise, while national analysts RP Data said median home price
More Western Australians think it is a good time to buy property than in any other state in Australia, but sandgropers remain increasingly pessimistic regarding the prospects of capital growth, according to new research.
Monitoring the stock of property for sale is an important health check on the market and, coupled with activity, gives us a sense whether it is a buyer's or seller's market.
