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With doubts being cast over an interest rate reduction being announced next Tuesday (although nobody really knows until the announcement), it’s comforting to learn that Australian households are managing their mortgages comfortably at the moment according to the RBA’s most recent Financial Stability Review. The review also showed that even in the event of a major economic downturn, most mortgage holders would still be able to meet their mortgage commitments and have equity left over. The review highlights the resilience of Australians, particularly given most of us have felt the pinch of a higher cost of living in the years post COVID before finally getting some interest rate relief earlier this year. Click here to read the full report. Here’s hoping for a Cup Day interest rate surprise!
All our properties now Under Offer or Sold
With properties selling so quickly (some within a weekend) and buyer demand far exceeding supply this spring, now is an excellent time to list your property for sale with us. If you’re thinking of moving, contact us for a confidential chat and a comprehensive property appraisal. You might be pleasantly surprised at how much your equity has increased in this strong market.
This week
- 10% growth on track for Perth housing
- What’s a spare bedroom tax & who would it impact?
- Why the new beige is anything but boring
- Why your home could be making you sick
- This week’s market snapshot
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With doubts being cast over an interest rate reduction being announced next Tuesday (although nobody really knows until the announcement), it’s comforting to learn that Australian households are managing their mortgages comfortably at the moment according to the RBA’s most recent Financial Stability Review. The review also showed that even in the event of a major economic downturn, most mortgage holders would still be able to meet their mortgage commitments and have equity left over. The review highlights the resilience of Australians, particularly given most of us have felt the pinch of a higher cost of living in the years post COVID before finally getting some interest rate relief earlier this year. Click here to read the full report. Here’s hoping for a Cup Day interest rate surprise!
All our properties now Under Offer or Sold
With properties selling so quickly (some within a weekend) and buyer demand far exceeding supply this spring, now is an excellent time to list your property for sale with us. If you’re thinking of moving, contact us for a confidential chat and a comprehensive property appraisal. You might be pleasantly surprised at how much your equity has increased in this strong market.
This week
- 10% growth on track for Perth housing
- What’s a spare bedroom tax & who would it impact?
- Why the new beige is anything but boring
- Why your home could be making you sick
- This week’s market snapshot
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10% growth on track for Perth housing
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The latest outlook from Real Estate Institute of Western Australia (REIWA) shows Perth’s median house price is set for around 10% growth for 2025, supported by strong buyer demand, low stock levels and improved borrowing conditions. Units are expected to perform even better (read the story to discover how much they've grown this year). With such strong selling conditions, now remains a positive time for sellers, while buyers should be ready to act quickly.
Click here to learn more
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What’s a spare bedroom tax & who would it impact?
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A proposal to introduce a 'spare bedroom tax' has stirred strong debate across Australia. The idea, raised at the recent Economic Reform Roundtable, suggests taxing homeowners with unused bedrooms to encourage downsizing and free up housing stock. If adopted, it could affect millions of Australians – many of them older homeowners in large family homes. While proponents argue it could help ease the housing crisis, critics say it unfairly penalises hardworking Australians who wish to stay in homes they’ve built their lives in.
Click here to learn more
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Why the new beige is anything but boring
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Move over grey – beige is making a sophisticated comeback. Designers are embracing this versatile neutral for its ability to create calm, light-filled interiors that feel both timeless and contemporary. The new beige isn’t flat or safe; it’s layered with warmth, texture and undertones of caramel, blush and sand. Whether paired with sleek modern finishes or natural materials like linen, timber and stone, it offers a soft backdrop that lets furnishings and artwork shine. If you’re thinking about refreshing your home, this understated shade could be the hero of your next project.
Click here for event details
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Why your home could be making you sick
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From hidden mould and poor ventilation to dust mites and everyday toxins, many Australian homes are harbouring unseen health hazards. This article explores the most common culprits behind indoor illness – how they affect everything from sleep to respiratory health – and what steps you can take to improve your home’s air quality. If you’ve been feeling unwell and can’t pinpoint why, your home itself might be the cause.
Click here to learn more
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This Week's Property Market Snapshot
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Sales activity in Perth during the week ending 26 October was up 6.4% with 903 transactions recorded. On closer inspection, there were increases across the board with house, unit and land sales up 3.4%, 2.1% and 55.8% respectively compared to the week before.
Perth’s highest sale price: Nedlands – $6,650,000
Perth's lowest sale price: Mandurah – $450,000
Listings
There were 2,930 properties for sale in the metropolitan area for the week ending October 26, which is 3.1% higher than 4 weeks ago but 40.6% lower than the same time last year.
Top performing suburbs – sales
- Baldivis: 18
- Perth: 17
- Subiaco: 14
- Como, Rivervale: 10
Top performing suburbs – rentals
- Baldivis: 24
- Como: 15
- East Perth: 14
- Alkimos: 13
- Mandurah: 12
Perth rental market
REIWA members reported 2,178 properties for rent at the end of last week, which is 2.9 down on the previous week, 5.6% higher than 4 weeks ago and 13.7% higher than the same time last year. Leasing activity increased 4.7% since last week, with REIWA members reporting 666 properties leased. This number is 2.5% lower than 4 weeks ago and 10.4% higher than a year ago.
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Open for Inspection
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No Home Opens This Weekend
We're all sold out!
We now have plenty of time to dedicate to appraisals and new listings so if you're thinking of selling, now is a great time to call.
- Shelley on 0417 963 670
- Mark on 0411 552 309
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Unit 14, 1 Roydhouse Street, Subiaco
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JEWEL IN THE CROWN
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Now SOLD
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Every now & then a truly special property enters the market. Built for himself by Arcadia Court’s original developer & recently fully renovated to an exceptional standard, this ground floor apartment is not only the largest in the complex but also the most luxurious & private. Boasting extra features like private entrance & 2.5-car parking, 2 storerooms & direct access to the pool & gym, this apartment is truly one of a kind.
- Private, secure entrance & undercover parking for 2.5 vehicles
- Footsteps from the resort style pool & gym (your own access)
- 222m2 of indoor/outdoor living, entertainment & storage space
- Luxurious fixtures & fittings throughout (kitchen is a showstopper!)
- High ceilings, fusion of modern tiles & European-engineered timber floors
- Short walk to restaurants, cafes, bars, shops, station & much more
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Unit 5, 92 Oakwood Crescent, Waikiki
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LOW MAINTENANCE, HIGH CONVENIENCE
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Now SOLD
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This timeless double brick villa is perfect for empty-nesters or new families longing for coastal tranquillity. Walk to Waikiki Village, take a 5-min drive to the beach or be in Rockingham in under 10!
- Prime street front positioning with paved driveway & carport
- Affordable Strata levies; only 10 villas to the complex
- Newly repainted, window treatments & refreshed throughout
- Open-plan kitchen & family room with seamless alfresco flow
- Sunlit master bedroom with triple robe; minor bedrooms in separate wing
- Close to shops, schools, beaches, public transport & Rockingham CBD
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OTHER RECENTLY SOLD PROPERTIES
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For details of other recently SOLD properties click on the DETAILS button.
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