Perth stands out as a prime location for property investment in Australia for several reasons. It continues to boast price growth yet remains one of the most affordable capital cities (Source), providing a unique combination of growth potential and accessible entry points for investors (lower entry costs compared to other major cities). Additionally, other areas…
Tax Time Hacks for Rental Property Investors: Maximise Your Savings This Financial Year
As the end of the financial year approaches and tax season looms, residential rental property investors have a prime opportunity to maximise tax savings. Here are some essential end-of-financial-year tax tips for rental property investors from the Real Property WA team. Consult a Professional An accountant is crucial for any rental property investor. They can…
Celebrating Five Fantastic Years with Real Property WA!
It’s time to break out the party hats, pop the confetti, and throw some virtual high fives because Real Property WA is turning five! That’s right, folks, our beloved real estate agency has hit a fantastic milestone, and we couldn’t be more thrilled to celebrate with all of you. Over the past five years, Real…
Perth’s Vacancy Rate Drops to a 12 Year Low
The Perth rental market’s vacancy rate has dropped to 0.96 per cent, which is the lowest it has been since March 2008, the lowest it has been in 13 years. REIWA President Damian Collins said a vacancy rate around three per cent is generally considered to create a good balance between supply and demand.…
Moratorium on Evictions Extended
The State Government have announced they have extended the Covid-19 Response Act until March 28, 2021 in an effort to preserve stability and certainty in the WA rental market. This included the moratorium on evictions, rent increases and other provisions. The Residential Tenancies(COVID-19 Response) Bill 2020 introduced; a moratorium on eviction for six months except…