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REIWA NEWS


Fri, 14 Jun 2019

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Infrastructure WA Bill 2019 to boost state economy
REIWA is pleased the Infrastructure WA Bill 2019 has been formally passed and commends the WA Government for pushing the state’s long term infrastructure plan.

Thu, 13 Jun 2019

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REIWA calls for WA to take action and abolish stamp duty
REIWA welcomes the Productivity Commission Chairman's recommendation for state governments to abolish stamp duty and strongly urges the Western Australian government to take action.

Tue, 11 Jun 2019

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REIWA supports Salvos in helping WA homeless beat the winter chill
REIWA and its agents are proud to show their support by getting behind the annual Sleeping Bag Appeal. Find out how you can help.

Mon, 10 Jun 2019

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Perth Market Snapshot for the week ending 9 June
Sales activity decreased 16 per cent in Perth this week, with REIWA members reporting 478 transactions. Find out more rental and sales activity for the week.

Fri, 07 Jun 2019

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Western Australia is still the most affordable state for housing in the country
REIWA welcomes the latest Adelaide Bank and Real Estate Institute of Australia’s Housing Affordability Report which reveals that Perth is one of the most affordable cities compared to other capital cities in Australia.

Tue, 04 Jun 2019

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Leasing activity up 13 per cent in May
reiwa.com rental data has revealed Perth tenant activity increased 13 per cent in May. Find out which Perth suburbs performed well in May.

Tue, 04 Jun 2019

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Perth Market Snapshot for the week ending 2 June
Sales activity increased 14 per cent in Perth this week, with REIWA members reporting 577 transactions. Find out which were the top suburbs.

Tue, 04 Jun 2019

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RBA decision a win for WA home buyers
REIWA welcomes the Reserve Bank of Australia’s announcement today to cut cash rates from 1.5 per cent to 1.25 per cent. Find out what these changes mean for you.

Tue, 28 May 2019

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Home loan redraw facility explained
When you make extra repayments on your home loan, this money builds up in surplus. Because it is in your home loan, the money is separate from your everyday spending, it’s reducing the interest you pay on

Tue, 28 May 2019

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Perth’s top suburbs defying the real estate downturn
reiwa.com analysis has revealed the top Perth suburbs that have successfully defied the real estate downturn. Find out which suburbs are included in the top 10.

Tue, 28 May 2019

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Start your career in real estate before 30 June and save up to $480!
If you’ve been thinking about beginning a career in real estate, now is the time to get started thanks to REIWA Training’s limited time offer. Find out more.

Mon, 27 May 2019

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Perth Market Snapshot for the week ending 26 May
Sales activity increased two per cent in Perth this week, with REIWA members reporting 512 transactions. Find out which suburbs have increased.

Mon, 27 May 2019

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REIA welcomes PM’s Ministerial appointment
The Real Estate Institute of Australia has welcomed the announcement of Prime Minister Scott Morrison’s Ministerial appointments.

Tue, 21 May 2019

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Changes to APRA’s mortgage servicing regulations a big win for home buyers
REIWA welcomes the Australian Prudential Regulation Authority’s plans to reduce the seven per cent floor on serviceability calculations for residential mortgages. Find out how this impacts home buyers.

Mon, 20 May 2019

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Morrison Government election victory a win for housing market
REIWA congratulates Scott Morrison and the Liberal National Party on being re-elected to Government in the 2019 federal election. Find out why this is good for the housing market.

Mon, 20 May 2019

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Perth Market Snapshot for the week ending 19 May
Sales activity decreased four per cent in Perth this week, with REIWA members reporting 505 transactions. Find out Perth's top selling suburbs.

Mon, 13 May 2019

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Perth Market Snapshot for the week ending 12 May
Sales activity increased eight per cent in Perth this week, with REIWA members reporting 534 transactions. Find out which were Perth's top selling suburbs.

Mon, 13 May 2019

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Where do Australia’s political parties stand on changing negative gearing?
REIWA has been very vocal in advocating for no changes to national property taxes. Find out where each political party sits on the issue.

Thu, 09 May 2019

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Bold reforms lacking in WA Budget
REIWA is disappointed that once again there were few initiatives included in the WA Budget to help address housing affordability and aid the property sector in its recovery.

Tue, 07 May 2019

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Rental hotspots: the 10 best suburbs for investment houses
Thinking about buying an investment property? To help you decide where to invest, we have looked at the 10 Perth suburbs which have experienced the biggest growth in leasing activity during the last year.

Mon, 06 May 2019

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Perth Market Snapshot for the week ending 5 May
Sales activity increased 47 per cent in Perth this week after the lull of the Easter and ANZAC holidays. Find out which were Perth's top selling suburbs this week.

Mon, 06 May 2019

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Six regional centres record median house price increases in March quarter
Six of WA’s nine regional centres recorded an increase in median house sale price during the March 2019 quarter. Find out which regional centres were the stand out.

Wed, 01 May 2019

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Positive signs emerging in subdued Perth property market
Perth’s housing market decline appears to be slowing, with CoreLogic’s latest home value index showing the rate of decline has eased. Find out which Perth suburbs performed well in April.

Wed, 01 May 2019

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REIWA celebrates Japan’s new imperial era
REIWA has joined in celebrations for Japan’s new imperial era, coincidentally called ‘Reiwa’, by decorating its headquarters in Perth with the Japanese national colours and doing a social media takeover.

Mon, 29 Apr 2019

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How much deposit will I need to buy a home?
Saving for a deposit can be a big hurdle when buying property. Find out more about home deposits and how much you'll need to be able to secure a home loan.

Mon, 29 Apr 2019

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Perth City Deal must be a priority for next Federal Government
REIWA is calling on all parties contesting the federal election to commit to prioritising a City Deal for Perth, if elected.

Mon, 29 Apr 2019

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Perth Market Snapshot for the week ending 28 April
The Easter and ANZAC Day public holidays had an impact on the Perth property market, with sales declining 25 per cent this week.

Tue, 23 Apr 2019

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Perth Market Snapshot for the week ending 21 April
Sales activity decreased nine per cent in Perth this week, with REIWA members reporting 464 transactions. Find out which were Perth's top selling suburbs.

Tue, 23 Apr 2019

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reiwa.com’s latest commercial market research reports out now
The latest reiwa.com commercial market research reports, proudly sponsored by  Bankwest, have been released for the year to September 2018.

Tue, 23 Apr 2019

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WA deserves 15 per cent of national infrastructure budget
REIWA is calling on all political parties contesting the federal election to commit to ensuring Western Australia has the funds it needs to keep the state moving forward by implementing a minimum infrastructure budget based on WA’s contribution to Australia’s GSP.

Tue, 16 Apr 2019

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Leasing activity up nine per cent in March quarter
Perth tenants were active during the March 2019 quarter, with reiwa.com data showing leasing volumes surged nine per cent in the first three months of the year.

Mon, 15 Apr 2019

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Perth Market Snapshot for the week ending 14 April
Sales activity decreased nine per cent in Perth this week, with REIWA members reporting 515 transactions. Find out which Perth suburbs bucked this trend.

Mon, 15 Apr 2019

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Rewarding and constantly challenging – why a career in real estate might be right for you
REIWA Training is hosting a free information night on Tuesday 30 April for anyone interested in starting a career in the WA real estate industry.

Mon, 15 Apr 2019

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WA needs federal support to help make Perth a migration hotspot
REIWA is calling on all political parties contesting the federal election to commit to putting Perth back on the Regional Migration Scheme to attract skilled workers and fill the current oversupply of housing.

Wed, 10 Apr 2019

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Median house and unit prices steady in March quarter
Sales activity in Perth was subdued during the March 2019 quarter, however reiwa.com data shows median prices held up well. Find out which suburbs saw the most price growth this quarter.

Mon, 08 Apr 2019

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Can a family squeeze into an apartment?
Apartment living is becoming an increasingly popular option for West Australians, but are apartments practical for a family?

Mon, 08 Apr 2019

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Perth Market Snapshot for the week ending 7 April
Sales activity increased three per cent in Perth this week, with REIWA members reporting 575 transactions. Find out which were Perth's top selling suburbs this week.

Mon, 08 Apr 2019

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Plans to apply blanket change to national property taxes are reckless
REIWA is calling on all political parties contesting the federal election to commit to no blanket changes to national property tax policies, like negative gearing and capital gains tax, if elected.

Wed, 03 Apr 2019

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Plenty of positives for WA in 2019-20 Federal Budget
REIWA welcomes the 2019-20 Federal Budget handed down by Treasurer Josh Frydenberg on Wednesday 2 April, which predicts a budget surplus of $7.1 billion by the end of the 2019-20 financial year.

Mon, 01 Apr 2019

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Federal incentives required to help states and territories abolish stamp duty
REIWA is calling for all political parties contesting the federal election to commit to funding research to help assist each state and territory phase out stamp duty.

Mon, 01 Apr 2019

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Perth Market Snapshot for the week ending 31 March
Sales activity increased 16 per cent in Perth this week, with REIWA members reporting 574 transactions. Find out which were the top selling suburbs.

Mon, 01 Apr 2019

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Rate of Perth housing decline slows in March
Forty-five per cent of Perth suburbs with statistically significant activity* saw stable or increased median house price movement during March, according to the latest reiwa.com data.

Mon, 01 Apr 2019

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REIWA is trending number one in Japan on Twitter
It’s not an April Fools' joke, but it could be a blessing in disguise for the WA property market as Japan welcomes the name of

Fri, 29 Mar 2019

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Four simple ways to help save for a house deposit
Saving for a deposit is often one of the biggest hurdles when buying your dream home. Here are four tips to help you save your deposit.

Fri, 29 Mar 2019

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Labor announce start date for negative gearing and capital gains tax changes if elected
The Australian Labor Party have announced their negative gearing and capital gains tax changes will come into effect on 1 January 2020, if elected. Find out how this will impact everyday Australians.

Mon, 25 Mar 2019

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Perth Market Snapshot for the week ending 24 March
Sales activity decreased 12 per cent in Perth this week, with REIWA members reporting 505 transactions. Find out which were Perth's top selling suburbs.

Mon, 25 Mar 2019

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REIWA calls on federal political parties to not forget about WA
REIWA is calling on all political parties to not forget about Western Australia in the lead up the 2019 federal election. Find out why we're asking 'What about WA?'.

Fri, 22 Mar 2019

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National Awards for Excellence showcase best of the best
More than 250 real estate professionals from around the country attended the REIA National Awards for Excellence on Thursday 21 March.

Thu, 21 Mar 2019

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ALP negative gearing tax plan to disadvantage everyday Australians
REIWA welcomes the findings of a new report by SQM Research which details how the Australian Labor Party’s plan to abolish negative gearing, if elected, would negatively impact everyday Australians.

Mon, 18 Mar 2019

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Perth Market Snapshot for the week ending 17 March
Sales activity increased 10 per cent in Perth this week, with REIWA members reporting 581 transactions. Find out which were Perth's top selling suburbs.

Fri, 15 Mar 2019

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How to make buyer excellence easy in real estate
REBid makes it easy for agents to keep buyers up to date, help them understand how competitive their offer is and provides an impetus for them to increase it.

Thu, 14 Mar 2019

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Tenant hotspots: WA’s 10 top searched suburbs for rentals revealed
reiwa.com’s latest search result data has revealed the 10 suburbs and regional towns most popular with WA tenants looking for a rental home . Can you guess which suburbs made the list?

Mon, 11 Mar 2019

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Perth Market Snapshot for the week ending 10 March
Sales activity decreased 15 per cent in Perth this week, with REIWA members reporting 538 transactions. Find out which were Perth's top selling suburbs.

Thu, 07 Mar 2019

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New report shows housing and rental affordability decline in WA
Housing affordability declined in WA in the December 2018 quarter, according to the latest findings from the Real Estate Institute of Australia and Adelaide Bank Housing Affordability Report.

Thu, 07 Mar 2019

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What it means to refinance your mortgage
Regularly reviewing your mortgage to make sure it works for you is just part of being smart with your finances. So, are you considering switching but unsure what refinancing is? Find out more.

Wed, 06 Mar 2019

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Five tips to help you save for a deposit while renting
Are you considering buying a house but feel like it's impossible to save while you are renting? Read these five easy tips that will help you save for a deposit at the same time you are renting.

Wed, 06 Mar 2019

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Local West Aussie family wins afternoon with Perth Scorchers
On Friday 1 March, the winner of reiwa.com’s Perth Scorchers public prize draw got to enjoy an afternoon with four Perth Scorchers players in her backyard.

Tue, 05 Mar 2019

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Housing diversity essential to WA’s long-term prosperity
Density is a hot topic in Perth at the moment. REIWA President Damian Collins explains why diversifying WA's supply of housing is essential to the state's long term prosperity.

Tue, 05 Mar 2019

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Perth Market Snapshot for the week ending 3 March
Sales activity increased two per cent in Perth this week, with REIWA members reporting 639 transactions. Find out which were Perth's top selling suburbs this week.

Tue, 05 Mar 2019

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Searching for property made easier with the new reiwa.com alerts
You now have a lot more control over how you stay informed about changes made to the properties you’re interested in on reiwa.com or when new properties that match your criteria are listed for sale or for rent in your chosen suburb. Find out more.

Fri, 01 Mar 2019

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Half of all sales in Perth occur below $500,000 in February
Forty-nine per cent of sales occurred below $500,000 in February, according to the latest reiwa.com data. Find out which were Perth's top selling suburbs in February.

Mon, 25 Feb 2019

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2019 National Awards for Excellence finalists announced
The Real Estate Institute of Australia has announced the finalists for the 2019 14th Annual National Awards for Excellence, which is being hosted by REIWA at Crown Perth on Thursday 21 March.

Mon, 25 Feb 2019

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Established property purchases increase 20 per cent in WA first home buyer market
More first home buyers are choosing to buy established properties rather than build new. Find out more about why REIWA believes the WA Government needs to reinstate the FHOG for established properties.

Mon, 25 Feb 2019

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Perth Market Snapshot for the week ending 24 February
Sales activity increased 11 per cent in Perth this week, with REIWA members reporting 634 transactions. Find out which were Perth's top selling suburbs this week.

Fri, 22 Feb 2019

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Competition key to safeguarding property market from Royal Commission fall out
The long-awaited findings from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry have been handed down. Find out more about the impact these recommendations could have on real estate.

Fri, 22 Feb 2019

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Time for a change? Consider a career in real estate
While changing to a new career can be daunting, it doesn’t have to be. At REIWA Training, we endeavour to make this process as seamless and pain free as possible. Find out more about a career in real estate.

Thu, 21 Feb 2019

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West Australians to benefit from Our Priorities: Sharing Prosperity program for generations
REIWA congratulates the WA Government on the launch of its Our Priorities: Sharing Prosperity program, which aims to deliver better outcomes for all West Australians.

Wed, 20 Feb 2019

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Family Violence Bill a win for victims and landlords
The Residential Tenancies Act has been amended to better support victims of family violence. Find out what safeguards are in place to ensure landlords are protected.

Tue, 19 Feb 2019

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Design WA guidelines to raise the bar for apartment buildings
The WA Government has released the first stage of Design WA, a set of guidelines for developers and local government to follow aimed at ensuring apartments are built to a higher standard.

Tue, 19 Feb 2019

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WA's top searched suburbs for sale revealed
reiwa.com’s latest search result data has revealed the 10 suburbs most popular with WA property seekers looking to buy in the last 12 months. Did your suburb make the list?

Mon, 18 Feb 2019

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Perth Market Snapshot for the week ending 17 February
Sales activity increased three per cent in Perth this week, with REIWA members reporting 578 transactions. Find out which were Perth's top selling suburbs.

Wed, 13 Feb 2019

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Amendments to City of Fremantle’s Local Planning Scheme a positive step for housing diversity
REIWA commends the McGowan Government on its decision to approve the City of Fremantle’s amendments to its Local Planning Scheme to enable greater housing choice.

Tue, 12 Feb 2019

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Using an offset account to help pay your mortgage faster
There are lots of smart things you can do to help pay off your mortgage faster. Find out some helpful tips to help you get the most out of your offset account.

Mon, 11 Feb 2019

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Perth Market Snapshot for the week ending 10 February
Sales activity increased 20 per cent in Perth this week, with REIWA members reporting 567 transactions. Find out which were Perth's top selling suburbs.

Mon, 11 Feb 2019

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reiwa.com prize winners soak up electrifying Perth Scorchers match day atmosphere
As proud joint principal partner of the Perth Scorchers, reiwa.com celebrated the team’s big move to Optus Stadium by offering the WA public the chance to win a money-can’t-buy match day experience.

Mon, 04 Feb 2019

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Perth Market Snapshot for the week ending 3 February
Sales activity decreased nine per cent in Perth this week, with REIWA members reporting 484 transactions. Find out which were Perth's top selling suburbs.

Fri, 01 Feb 2019

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Leasing activity up 46 per cent in January
Find out how the Perth property market preformed in January. Get the latest rental stats, plus discover with suburbs saw their median house prices increase during the month.

Tue, 29 Jan 2019

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Mixed results across regional WA in December quarter
There were mixed results throughout regional WA in the December 2018 quarter, with three of the nine regional centres experiencing median house price growth.

Mon, 28 Jan 2019

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Perth Market Snapshot for the week ending 27 January
Sales activity increased 11 per cent in Perth this week, with REIWA members reporting 543 transactions. Find out which were Perth's top selling suburbs.

Thu, 24 Jan 2019

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REIA calls for Federal Labor to be transparent about property taxes
REIA has called on the Federal Labor party to announce what they plan to do about existing negative gearing and capital gains taxation arrangements if elected.

Mon, 21 Jan 2019

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Perth Market Snapshot for the week ending 20 January
Sales activity increased 16 per cent in Perth this week, with REIWA members reporting 493 transactions. Find out which were Perth's top selling suburbs this week.

Mon, 21 Jan 2019

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Perth vacancy rate drops below three per cent in December quarter
The Perth rental market continued its recovery in the December 2018 quarter, with the vacancy rate declining to 2.8 per cent. Find out more about why landlord's are the beneficiary of the current market.

Fri, 18 Jan 2019

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Why the first property you buy is the most important of all
Buying property will undeniably be the largest and potentially, the most profitable investment you make. Find out why your first property is the most important of all.

Tue, 15 Jan 2019

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Five signs you’re ready to stop renting and buy a home
Not sure if it’s the right time to spend your hard-earned money on a home deposit? Find out more about the signs which might indicate you’re ready to stop renting and take the plunge.

Tue, 15 Jan 2019

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Perth Market Snapshot for the week ending 13 January
Sales activity increased 54 per cent in Perth this week, with 434 reported transactions, as activity returned to more normal levels following the traditional lull of the festive season.

Tue, 15 Jan 2019

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Perth median house price up five per cent in December quarter
Perth’s median house price increased 5.2 per cent to $510,000 during the December 2018 quarter. Find out how the Perth residential sales market performed in the final quarter of 2018.

Wed, 09 Jan 2019

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Perth’s 10 highest price growth suburbs for 2018 revealed
Brabham, Madora Bay and Mount Pleasant are among the 10 Perth suburbs to have achieved the largest increase in median house price in 2018, according to the latest reiwa.com data. Did your suburb make the list?

Mon, 07 Jan 2019

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Perth Market Snapshot for the week ending 6 January
Sales increased in Perth this week, with REIWA members reporting 282 transactions, as activity began to pick up after the Christmas and New Year break.

Wed, 02 Jan 2019

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Perth median house price stabilises in December
Perth’s median house price has stabilised, with reiwa.com data showing it held at $510,000 in December. Find out more about how Perth performed in the final month of 2018.

Thu, 20 Dec 2018

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Budget boost calls for policy innovation to drive economy forward
The 2018-19 Mid-Year Budget review was handed down on 20 December 2018. Find out why REIWA is pleased with the outcome and is calling on the Government for policy innovation.

Wed, 19 Dec 2018

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APRA decision a win for WA home buyers
REIWA has welcomed the decision by the Australian Prudential Regulation Authority to remove the cap on interest-only loans for residential property.

Tue, 18 Dec 2018

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Perth buyers in driver’s seat of housing market
REIWA and Curtin University’s latest Buy-Rent Index shows Perth is the most favourable it has been for buyers in five years.

Mon, 17 Dec 2018

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Federal Labor’s proposed new rental policy short-sighted
Federal Labor’s plan to introduce a new rental policy if elected, not only conflicts with their stance on negative gearing, but will be a drop in the ocean when it comes to tackling housing affordability.

Thu, 13 Dec 2018

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Latest reiwa.com commercial market research reports out now
The latest reiwa.com commercial market research reports, proudly sponsored by Bankwest, have been released. Find out how the Perth commercial market is performing.

Mon, 10 Dec 2018

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Perth Market Snapshot for the week ending 9 December
Sales activity decreased four per cent in Perth this week, with REIWA members reporting 501 transactions. Find out more about how Perth's weekly sales activity has trended in 2018.

Fri, 07 Dec 2018

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Boost to Keystart a win for WA home buyers
REIWA welcomes the McGowan Government’s decision to extend the Keystart scheme loan amount by $421 million as a means of improving housing affordability in WA.

Fri, 07 Dec 2018

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Western Australia the most affordable state for housing in the country
Western Australia is the most affordable state in Australia, according to a new housing affordability study. Find out why WA buyers and tenants are in an excellent position to secure housing at an affordable price.

Wed, 05 Dec 2018

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National rental report does not paint full picture of tenant experience
A new national rental report has found that Australian tenants are extremely dissatisfied with their rental experience. Find out why this report only represents a minority and discover why WA tenants are in a good position.

Wed, 05 Dec 2018

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Winners of the reiwa.com Perth Scorchers prize draw announced!
Thank you to everyone who entered the reiwa.com and Perth Scorchers public prize draw. Find out who the lucky winners of our major prizes are.