Kiri Addenbrooke In recent months, the property market in Western Australia has shown signs of stabilisation after a period of rapid growth. As landlords, navigating this shift requires a strategic approach to ensure continued success in leasing properties. Here at Real Property WA, we understand the importance of staying ahead in a changing market landscape. Let’s explore…
What’s New
Jenna Popperwell
WA Rental Reforms
Understanding the Recent Changes in Western Australia Rent Reforms Recent changes in the Western Australia Rent Reforms are set to impact rental properties across the region. These reforms aim to create a more balanced and transparent rental market by enhancing the rights and responsibilities of both landlords and tenants. Implemented in three stages over the…
Jenna Popperwell
Why a Perth Property Investment is the Smart Choice
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…
Jenna Popperwell
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…
Julie Miloseski
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…
Julie Miloseski
Perth Rental Market Update
It is no secret that the current Perth rental market is tough but if you want an in-depth look into the contributing factors – keep reading! The vacancy rate in Perth is sitting steady at around 0.9% and rent increases are currently averaging $20 per week more as compared to December 2020. The limited supply…
Julie Miloseski
Choosing the right Property Manager
When it comes to the management of your rental property, choosing the right Property Manager is crucial! Everyone has heard the horror stories of what can happen to your investment property if it is poorly managed. It can be financially straining and not to mention stressful on the Landlord. Don’t fret, here are some steps…
Tips for Tenants – How to secure your rental property
Are you a tenant that has had their tenancy application declined way too many times? Have you had viewings cancelled because the property has already been leased? Have you been unable to book a viewing simply because the attendance threshold was reached? If you’ve answered YES to any or all of the above questions, then…
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…