Categories for Investor

Bunbury leads regional growth in March 2024 quarter

23/5/2024
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21 May 2024 New Bunbury was the top performing regional centre for the March 2024 quarter, according to the latest data from REIWA. Its median house price rose 5.9 per cent to $487,000, up from $460,000 in the December quarter. REIWA President Joe White said there was strong activity across all price points in the Bunbury regional centre, but the market was particularly competitive for houses priced around $600,000. “Bunbury is attracting interest from a wide range of buyers including...

Regional WA property hotspots outperforming Perth’s red-hot market

8/12/2023
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Property investors looking to diversify their property portfolio in a region delivering high rates of capital growth could turn their gaze towards Western Australia’s high-performing regional centres. Perth is regarded as the golden child of Australian capitals for property investors at the moment, but Bunbury in the southwest of WA is outperforming the more widely regarded state capital. (Image source: Shutterstock.com) Property investors around Australia have converged on the Perth property market in the latter half of 2023 but some...

REIWA Announcement 2022 Contract (O&A) & JFGC

22/6/2022
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Updates to the Joint Form and Offer and AcceptanceThe 2022 General Conditions and the new contract for the sale of land have been released today.The Offer and Acceptance has also been updated with a revised format that will be easier to use.The amended finance condition permits the buyer to apply for finance through a lender or a mortgage broker. The mortgage broker has the ability to provide notification of finance approval, non-approval or rejection.All forms that have referred to the...

11/8/2020
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Subdivider concession application REMINDER RevenueWA wishes to remind all landowners that applications for the subdivider concession close    31 August 2020. Early lodgment of the application form will ensure we can consider the concession when issuing assessments. Important The subdivider concession is a one-year concession from land tax. For the 2020–21 tax year, the concession applies to qualifying residential lots that were subdivided between 1 July 2019 and 30 June 2020. Owners of these lots can pay land tax (and metropolitan...