Perth Rental Update – What’s Going to Happen After the COVID-19 Relief Ends?
The property market is currently experiencing a housing boom due to a combination of low mortgage rates, improved economic conditions, government grants and extremely low rental vacancies. Last year in March 2020 the West Australian government implemented a moratorium on rental evictions and price increases but this is soon to end where tenancy laws will […]
The features that tenants are looking for in a rental property
When purchasing an investment property, you need to consider what desirable features tenants are looking for in rental properties. The kind of tenant and demographic you target will largely depend on where your property is located. For instance, if your investment property is an apartment in the city, young professionals will likely be your target […]
Perth’s Rental Vacancy Rate at its Lowest in 12 Years
According to the latest data from Real Estate Institute of Australia (REIWA), Perth’s rental vacancy rate has dropped to 1.6%, which is the lowest it has been since March 2008*. For the past 21 months the vacancy rate has remained around 3%*, which is a good balance of supply and demand, according to REIWA President […]