2022-23 Federal Budget – What We Know And How It Effects Real Estate
Naked Real Estate | Perth Real Estate Blog
by Admin
1y ago
The 2022-23 Federal Budget has officially been handed down, so what does this all mean for Real Estate? Within the budget there were a few different strategies aimed at assisting the housing industry, read on to find out more…    National Housing Accord Housing supply has been one of the focuses with the Federal Government setting a target to build one million affordable homes over a five year period which commences in 2024. This will be done through a new National Housing Accord, which has been seen as a good start to tackling the housing crisis but is definitely far from a solution ..read more
Visit website
Perth Property Market Stays Strong
Naked Real Estate | Perth Real Estate Blog
by Admin
1y ago
Over the last few weeks we have been inundated with information about property prices slowing due to interest rate hikes. While we can’t deny this is happening in a few states, we aren’t seeing this for the Perth property market. In fact, sixty five suburbs in Perth have had median sales prices increase over the month of July.  REIWA President Damian Collins said “The Perth market typically slows in winter, so it’s pleasing that when we drill down to suburb level, a large number are still seeing growth – especially considering the three recent interest rate rises,”   We have found b ..read more
Visit website
Perth House Prices Highest in Years- And they Won’t Slow Down Yet.
Naked Real Estate | Perth Real Estate Blog
by Paige
2y ago
As a Real Estate Agency we often get asked when is a good time to sell your property, and while there are many factors that go into this answer we think the current market is ideal if you’re looking to sell quickly and get a great price!  Want to know why we say that so confidently, then read on.   Median House Prices Soar The median house price in Perth has risen again, and now officially surpasses the median recorded during the housing boom of 2014. Domain statistics have shown that the price of a Perth home has increased by 1.5% in the first three months of 2022 alone! The Median ..read more
Visit website
NAB Quarterly Australian Residential Property Survey – March 2022 Report
Naked Real Estate | Perth Real Estate Blog
by Paige
2y ago
We recently participated in the NAB Quarterly Australian Residential Property Survey, and the results for March are here. So let’s dive in and see what NAB had to say: Housing market sentiment buoyed by growing rents as prices slow, but confidence slips as expectations for price growth scaled back. Early signs foreign buyers may be returning to the market, while interest rates weigh more heavily on local homebuyers. NAB’s outlook for dwelling prices is broadly unchanged – we still expect a slowing in national prices through 2022, before a moderate fall of around 10% in 2023. Survey highlight ..read more
Visit website
The six buyer segments in the property market
Naked Real Estate | Perth Real Estate Blog
by admin
2y ago
Our demographic shape is changing; there are six distinct buyer segments in our Australian property market: young renters; first home buyers; upgraders; downsizers; retirees; and the aged care market. Looking ahead, the demand from young renters and upgraders is set to decline; while that from aged care will likely remain steady. The stand out groups (those set to be the main drivers of Australia’s housing demand over the next ten years) are first home buyers; those downsizing and retirees. It may surprise some, but first home owners are generally aged 35 to 44 years. This group is projected ..read more
Visit website
Property Valuations 5 things you should know
Naked Real Estate | Perth Real Estate Blog
by admin
2y ago
Valuations are an essential aspect of the property investment game and because their result can be so crucial, here’s five elements to understand about the process. 1. It’s not an exact science Valuers are only human; therefore the determinations they make as to fair market value of a property will be somewhat subjective in nature. There’s also the prospect of the valuer being legally liable if they place too high a price on the property, and the bank subsequently loses money on the loan. Many in the property industry believe this threat to the valuer causes them to be conservative with their ..read more
Visit website
How to become a real estate agent guide
Naked Real Estate | Perth Real Estate Blog
by admin
2y ago
Why pursue a career in real estate? Real estate professionals come from many different walks of life. Many people today choose to take courses to allow them to pursue a career in real estate. Some choose this fulfilling career at a young age, while others discover it as a second career. Not only is real estate rewarding, it can enable you to make a decent living. Real estate agents generally help people buy or sell a home. Leading market analysts at IBISWorld report that Australian real estate industry expectations are high. They suggest there will be an increase in high-density housing and th ..read more
Visit website
Housing prices over the last 25 years what’s happened
Naked Real Estate | Perth Real Estate Blog
by admin
2y ago
Over the past 25 years, the median house value nationally has risen by 412%, or $459,900. Twenty five years ago, the median house value across Australia was just $111,524 and units showed a slightly higher median value, at $123,840. Since 1993, median house and unit values have increased by 412% and 316% respectively, providing home-owners with a significant wealth boost. The capital gain over the past 25 years equates to an annual growth rate of 6.8% for houses and 5.9% for units and in dollar value terms. The median value of the typical Australian house has risen by $459,900 since 1993 and u ..read more
Visit website
The importance of conducting a pest inspection before purchasing a property
Naked Real Estate | Perth Real Estate Blog
by admin
2y ago
One of the biggest financial investments in life is to buy a house for yourself. Purchasing one is nothing less than one of the biggest decisions you make in your life. Any potential home buyer always has check list of their various requirements and important features that they look for in a home. One of the most important procedures before buying a home is the pest inspection. It is always good to make sure the house that seems to be your dream home is not going to be one of the biggest mistakes of your life. To ensure you are making the right decision before purchasing a home, a pre-purchase ..read more
Visit website
How long does it take to do a building inspection
Naked Real Estate | Perth Real Estate Blog
by admin
2y ago
Buying a home, old or new, or having one constructed for your family is both an exciting and a stressful time. It’s mostly exciting when you picture your family living comfortably and happily, and making wonderful memories, in your new home. But before you start this amazing new chapter, you have to go through the experience of having the house inspected by a professional building inspector. So, what is a building inspection? A building inspection presupposes that the house might have structural problems and, of course, discovering and dealing with such problems is the last thing you’d want w ..read more
Visit website

Follow Naked Real Estate | Perth Real Estate Blog on FeedSpot

Continue with Google
Continue with Apple
OR