Category Archives: News

Perth house prices hit record high
May 11, 2022

ines of the past week dominated by rising interest rates, and the beginning of a decrease in dwelling values across the eastern coast, it may come as a surprise that Perth’s property market has slowly reached a record new high.

Property market turns a corner in October
November 2, 2020

The property market has turned a corner since the advent of COVID-19 with prices increasing nationally for the first time in five months, by 0.4 per cent in October, with Melbourne the only capital city to record a fall in values.

Prime Minister pivots to an early exit
April 8, 2020

Australia’s pragmatic Prime Minister Scott Morrison has, unsurprisingly, pivoted to the possibility of an early release from the lockdown, which if prolonged indefinitely would push the country into an extreme depression with far greater human costs than the capricious coronavirus.

Australia may have passed infection peak
April 3, 2020

As we move through the eye of the coronavirus storm, two key events will be turning points for markets. The first is when the rate of increase in the number of new infections and deaths in larger economies starts to noticeably decline, signalling that containment strategies are doing their job.

Investors hope historical form guides COVID-19 recovery
April 3, 2020

While circumstances change and these times are unique, the market will bounce back; always has, always will – the only question is timing.
This too shall pass: are they just comforting words referencing the cyclical nature of markets and history, or a wishful sentiment in a new age of raging fear and financial gloom?

Perth rents increase for the first time since January 2017
March 4, 2020

Source: March 4, 2020   Perth’s median rent increased to $360 per week in February and is the first increase the Western Australian property market has seen since January 2017.   REIWA President Damian Collins said median rents had remained stable for the longest period since first started capturing rental data in 2001. […]

‘Everesting’ takes executive endurance to new heights
February 20, 2020

The sun is still below the horizon and the temperature barely above freezing when Jesse Itzler gears up to ascend a black diamond ski slope. “We’re going into the clouds!” he exclaims, eyeing the snow-covered summit of Vermont’s Stratton Mountain, which is ominously concealed by dense fog.

Perth’s top 10 suburbs for house price growth
February 14, 2020

PERTH’S property market is starting to show signs of improvement, and nowhere more so than these 10 suburbs. Here’s REIWA’s list of Perth’s top 10 suburbs for median house price growth in the 12 months to December 2019, filtered for suburbs with more than 28 properties sold.

What’s ahead for property in 2020
January 8, 2020

Article by Tim Lawless, Michael Yardney’s Property Update  Source: Property Update January 8, 2020   In 2020, it’s unlikely we’ll see such a rapid rise in capital gains as seen throughout the second half of 2019 despite the expectation that mortgage rates will move lower over the first half of the year; several factors are […]

Property Council WA wins 75% stamp duty discount
October 23, 2019

Article by Property Council of Australia | Source: Property Council October 23, 2019   Property Council WA has secured a State Government decision to offer a 75 per cent stamp duty rebate for off-the-plan apartment buyers. The change is effective immediately.   Previously the State Government’s stamp duty regime favoured off-the-plan buyers of house and […]

Perth unit prices increase by 3.9 per cent in June quarter
July 18, 2019

Article by REIWA | Source: July 17, 2019   Perth’s unit median price has strengthened in the June 2019 quarter improving by 3.9 per cent to $385,000 and median house price stabilising since last quarter.   REIWA Deputy President Lisa Joyce said while sales activity remains soft, is it a good sign that prices […]

Potential Significant Tree Policy Changes
July 15, 2019

Matthew Hughes, Managing Director at Capital Property Advisory July 15, 2019   There has been discussion recently regarding potential changes coming in the following local government areas (LGA) in relation to trees:   Bassendean Bayswater Victoria Park   Nothing is final yet, but part of the benefit of the relationships we have with local council […]

City of Joondalup Update
July 15, 2019

Matthew Hughes, Managing Director at Capital Property Advisory July 15, 2019   At a recent City of Joondalup (CoJ) Council Meeting, a draft new planning framework for infill development was discussed after having had engaged Taylor Burrell Barnett to review the City’s current Housing Opportunity Areas (HOA) and their position on infill development and developing […]

METRONET East Redevelopment Area
July 9, 2019

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 […]

Housing Outlook to Improve in 2020
May 29, 2019

Article by Su-Lin Tan | Source: Australian Financial Review  May 28, 2019   House prices will stop falling in the second half of 2019, HSBC says, as the bounce in auction activity last week continues to drive up housing sentiments.   In a note on Tuesday, HSBC says the exuberance in auction trading last week […]

Here’s what the Coalition win could mean for your wallet
May 20, 2019

Article by Michael Yardney | Source: Michael Yardney’s May 19, 2019   The results are in and to the surprise of many, Scott Morrison has led the Coalition to win this year’s Federal election.   And this means our housing markets are likely to pick up by the end of the year.   Treasurer […]

Property Development Strategies
May 20, 2019

Matthew Hughes, Managing Director at Capital Property Advisory May 20, 2019 Do It Yourself (DIY) Development or Development Syndicate. Which is right for you?   So often nowadays we are asked by our clients about the merits of investing into a property development syndicate as opposed to completing your own development.   The answer is […]

Upgrading Your Home in a Down Market
April 3, 2019

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 […]

A Beginner’s Guide to Property Investment
December 4, 2018

Article by REIWA  |  November 2018  A beginner’s guide to property investment So, you want to win big in real estate? Property investment can be a great way to set yourself up financially, but can seem like a dangerous playground if you haven’t done your homework.   We know how important it is to make the […]

Mining revival drives jobs
September 28, 2018

Article by Jason Mennell, Kalgoorlie Miner September 28, 2018   A rebounding WA resources sector has driven the number of people employed in mining across the State to record levels.   Statistics announced yesterday by the Department of Mines, Industry Regulation and Safety for the 2017-18 financial year show more than 112,000 people directly employed in […]

Why engage a Buyer’s Agent?
September 20, 2018

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 […]

A personal message from Managing Director of Empire – Raymond Pecotic
August 16, 2018

What positive can we draw from the Royal Commission into Banking, Super and Financial Services? A great opportunity to really highlight the difference between good and bad advice!   Avid news followers will probably be aware that a Royal Commission has been launched into the Banking, Superannuation and Financial Services Industries. There are however many […]

Consumers Vulnerable to Real Estate ‘Double Agents’
June 13, 2018

the urban developer   |   13/06/2018    Growing concern consumers are increasingly vulnerable to conflicts of interest due to major selling agencies opening “buyer’s agency” services, has been voiced by leading industry heads.   The concern comes after major real estate brands have launched their own dedicated buyer advisory division, which the Real Estate Buyers Agents […]

Western Australia on the Brink of New Mining Boom
May 29, 2018

9news   |   29/05/2018   Experts say WA is on the brink of another mining boom with new projects and tens of thousands of jobs to be created in the next year.   FMG, Rio Tinto and BHP are set to invest billions of dollars recruiters struggling already to keep up with demand for workers.   […]

Continued economic growth the focus of Federal Budget
May 9, 2018   |   09/05/2018   Federal Treasurer Scott Morrison has handed down the 2018-19 Federal Budget, which focusses on continuing the economic growth seen over the last year.   With the balance sheet looking better than expected, thanks to a $35 billion boost over four years, the property market was relatively unscathed as the Treasurer ruled […]

The hidden effect of WA’s drug use uncovered in the home
April 9, 2018

April 9th, 2018, 02:30pm   |   Written by Lauren Pilat    |   Wanneroo Times   LIKE smoking, meth or ice users are not the only people whose health and livelihoods are detrimentally affected by the drug.   Australian families living in properties where meth has been smoked or manufactured are suffering from health issues, with children […]