Tag Archives: property market

Why buying the worst house in the street pays off!

Why buying the worst house in the street pays off!

If you’re looking to enter Perth’s property market, then you certainly have many options on hand. Perth’s real estate market is growing at a healthy rate. However, recent reports suggest that the median price of new homes has just skyrocketed, making the dream of owning a property even harder for some. Nevertheless, there is one very simple tactic you can use to get a property sooner – that is, to buy the worst house in the street. In case you’re…

5 reasons to purchase a property in Perth now!

5 reasons to purchase a property in Perth now!

There is simply no better time to invest in Perth’s property market than now. According to the CoreLogic Hedonic Home Value Index, Perth’s home values have continued to drop, down a further 2.4% in February, resulting in an annual downturn of 4.5% – and a downturn of 10% since December 2014. These figures may be disheartening for sellers, but it indeed indicates that Perth is currently a buyer’s market. Therefore, if you’re looking to buy a new home – whether…

6 Tips to break into Perth’s Property Market at a young age

6 Tips to break into Perth’s Property Market at a young age

If you’re looking to break into the Perth property market at a young age, then you’re making a good decision. However, getting to it is definitely not going to be a cakewalk. According to the ‘Housing Affordability – A study for the Perth metropolitan area‘ report, home ownership remains difficult for households on low-to-moderate incomes. Shelter WA Executive Officer Chantal Roberts said, “There are many households, including key workers, that are trapped in our insecure private rental market due to…