September quarter rental market data delivered a vacancy rate of 0.9% against 2% vacancy at the end of June, and 2.5% a year ago. On 1 November, there were 2,784 properties listed for rent compared to 5,904 on the same date in 2019 – less than half the number of properties available.
For Perth’s property market, the virus pressed the pause button on what was an encouraging market recovery in early 2020, when we experienced four consecutive months of dwelling value increase – the longest stretch for six years.
Matthew Hughes, Managing Director at Capital Property Advisory July 9, 2019 The Metropolitan Redevelopment Authority (MRA) has a vision to transform Perth into a vibrant, connected city that can meet the needs of its growing population. The driving force behind the redevelopment of Scarborough, Elizabeth Quay and Yagan Square is now being tasked […]
Matthew Hughes, Managing Director at Capital Property Advisory April 3, 2019 Depending on who you ask, the Perth market is either close to the bottom, at the bottom, or already on its path to recovery – in any event, we can all agree the worst is likely behind us – if you exclude over-supplied fringe […]
Matthew Hughes, Managing Director at Capital Property Advisory September 20, 2018 Australians are increasingly seeing the value in engaging help when buying a home, investment property or when attempting a subdivision or development. Demand for the service is growing and more buyer’s agents are popping up around the country all the time. Here’s […]
Who is the best Buyer’s Agent in Perth? In fact, what makes a great Buyer’s Agent? Whilst not as commonly used in Western Australia as they are in the Eastern States and overseas, the popularity of Buyers’ Agents has grown considerably in recent years. Savvy investors and time-poor home buyers are slowly […]
Article by: Matthew Hughes, Founder & Managing Director of Capital Property Advisory Investing in property can be an incredibly overwhelming, time-consuming and stressful process, especially if you don’t have an in-depth knowledge of Perth’s property market. This is why savvy property investors and home buyers are increasingly turning to the third-party advice of a professional buyer’s agent. […]
Article by: Matthew Hughes, Founder & Managing Director of Capital Property Advisory For many investors, their long-term investment strategy is to increase wealth to ensure their financially successful future. For this reason, a lot of investors opt for a capital growth investment strategy, finding properties with potential to outperform market returns over a period of […]
Article by: Matthew Hughes, Founder & Managing Director of Capital Property Advisory Following reports that Perth’s property market was heading for recovery in the final quarter of 2017, the market continues to show strong signs of stabilisation in the first few months of the new year. Paired with increasing indicators WA’s economy is picking up […]
1. property brief: Working with a specific strategic brief to develop an inner city property with scope to retain a character dwelling for long term capital growth, whilst outperforming median rental yields. The key buying criteria centred around the ability to develop a secondary lot for the purpose of building a home to reside in. […]
The Salvos are once again seeking donations of sleeping bags to replenish their stocks in a bid to keep more people warm on the streets this winter. Community REInvest is a philanthropic program through which REIWA agents provide support to help the Salvos continue their vital work in WA, particularly in response to homelessness. […]
Property Council Research Industry sentiment across the WA property industry increased by 42 basis points in the last 12 months, by far the highest of any state, according to data from the latest ANZ/ Property Council Survey. “As business confidence in the east appears to be coming off the boil, WA has bucked the trends […]
When it comes to property investment, detailed research will play an integral role in determining when and where you should invest in Perth property. The location of your property, in particular, will be one of the biggest factors influencing the long-term value of your investment (and ultimately how much profit you make from it). As […]