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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...

2024-25 State Budget offers welcome support for first home buyers: REIWA

16/5/2024
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2024-25 State Budget offers welcome support for first home buyers: REIWA 9 May 2024 “REIWA CEO Cath Hart welcomed measures to support housing supply announced in the Cook Government’s first budget today.” REIWA CEO Cath Hart welcomed measures to support housing supply announced in the Cook Government’s first budget today, especially increased thresholds for the First Home Owner Transfer Duty Concession. “While there is no silver bullet to addressing the challenges WA’s housing market faces, we welcome the fact the...

A home for $130,000? Australia’s cheapest suburbs revealed

8/1/2024
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Property prices are sitting at record highs in many parts of the country, however there remains an abundance of affordable suburbs and towns where buyers can secure an inexpensive home or unit. PropTrack economist Anne Flaherty says high interest rates in conjunction with continually rising property prices were pushing people to seek out these more economically viable regions. Related videos The Aussie suburbs offering incredible value “Rental vacancy rates are at record lows and people are forking out a lot for...

Statutory Declarations Act 1959 Update

8/1/2024
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Statutory Declarations Act 1959 Update allows Electronic signature with video witnessing, or via myGov platform. From 1 January 2024, the Statutory Declarations Act 1959 (the Act) will change so as to provide three ways to make a Commonwealth statutory declarations: • conventional paper-based execution involving wet-ink signatures and in-person witnessing • electronic execution by applying electronic signatures, with witnessing conducted by video link (for example, over zoom or skype) • digital execution using the myGov platform that authenticates the declarant’s...

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...

Author, Damien McDonnell

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Damien McDonnell betrothed to my first true love & father to 5 fantastic little persons and one food obsessed beagle.

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