Downsizers underwrite Perth apartment resilience

Urbis director David Cresp said despite Perth’s overall slower residential market, the apartment sector appeared resilient with second-quarter sales slightly lower than for the same quarter a year ago (348) but well above the 307 quarterly average for last year. The latest Urbis Apartment Essentials survey revealed 67 per cent of second-quarter buyers were owner-occupiers, […]

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First Home Buyers Hit Six-Year High

Tuesday’s ABS housing finance figures for June reveal that first home buyers accounted for 18.1 of owner-occupier home loans, up marginally from last month. Driven by declining house prices – July’s national dwelling values fell at the largest rate in six years – and credit lending restrictions, the volume of first home buyer owner-occupier loans increased by 11.4 […]

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Eight pitfalls to avoid when buying your first apartment

Here are eight pitfalls to avoid before signing the dotted line. It’s not ticking all my boxes “First box to tick is good presentation and a well-maintained complex,” says interior designer Malvina Stone. “Aim for north-facing living spaces and an outlook. Check if the grounds are well-maintained, its proximity to cafes, shops and public transport, any […]

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Sixty Flourish reaches practical completion

Located in Harvest Lakes Estate, Atwell, Sixty Flourish features 59 one, two and three-bedroom apartments, each cleverly designed to suit a range of lifestyles. Effective project management and the use of innovative building techniques meant the project reached completion ahead of the original forecast. The boutique complex features a well- built contemporary architectural design, that has […]

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Housing shortage predicted for Perth in next two years

Shane Kempton, Chief Operations Officer for Professionals Real Estate Group in Western Australia and the Northern Territory said that Perth will begin to experience a housing shortage over the next two years due to an under supply of new homes being built. With only 1,095 private sector dwellings being given building approval in Western Australia […]

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