March 28, 2024
In this fast moving market, where properties are selling before home opens or very soon afterwards, you might be wondering how much work the estate agent actually needs to do and do you still get full value from their commission compared to just 12 months ago? Could you actually go it alone and save yourself […]
March 26, 2024
Western Australia and Perth have caught the eye of Eastern States investors due to the value that our market offers. Our property prices are much more affordable than the east coast along with significant rental returns growth. Here are a few helpful tips and advice for investing in residential property in WA: Search for suburbs […]
January 23, 2024
Selling your home is a huge task involving time and effort. From pricing to finding a suitable real estate agent, individuals can often find themselves overwhelmed with an ending number of decisions to make. Here are 5 tips for finding the real estate agent best suited for your needs: Know your needs You must […]
January 10, 2024
***Please note that this competition is now closed*** To celebrate the end of Summit Realty’s 50th Anniversary year, we’re giving you the chance to win! We’ve enjoyed sharing pics of old Rockingham from our beginning way back in the early 70’s and from the comments and shares we know you have too! We’d love to […]
November 15, 2023
WA Government to offer Airbnb owners $10k incentive – by the West Australian Airbnb owners will be offered $10,000 to make their properties available for long-term rent as the Cook Government attempts to relieve pressure on WA’s historically tight housing market. The major incentive accompanies a raft of changes to the State’s short-term rental accommodation (STRA) rules, […]
November 1, 2023
Yes and no. It’s a very good idea for tenants to have contents insurance. There have been several instances recently where a rental property has been completely destroyed by fire and the tenant has been left homeless and without any of their belongings. Contents insurance will ensure you are covered to replace your possessions. However, […]
October 26, 2023
It’s never been more expensive to get into the housing market in Perth with median prices smashing through the $700,000 barrier for the first time. A new report from Domain puts the new median price for a home in Perth at $713,811, a three per cent jump since June, when the median was $692,933. Prices […]
October 18, 2023
Two legal practices have joined forces to help people in the south metropolitan region avoid falling off an “impending mortgage cliff”. Southern Communities Advocacy Legal and Education Service and Consumer Credit Legal Service have partnered to provide the mortgage stress outreach clinic in Rockingham. CCLS chief executive Bev Jowle said the face-to-face service would give support […]
September 21, 2023
Scammers are continuing to target tenants desperately seeking a rental property in today’s tight market. They are luring tenants in by advertising properties for rent on platforms like Gumtree and Facebook Marketplace or responding to tenants’ own pleas on these sites to find a home. They usually claim to have a property available, send pictures […]
August 22, 2023
Getting your home ready for a Spring sale can be both exciting and daunting. Spring is traditionally the most popular time to sell and with industry experts predicting an even busy selling time ahead than normal, you will want to make sure your home gets the attention it so rightly deserves. This can help to drive […]
August 16, 2023
The suburb was recently touted as one of Australia’s best future property investment prospects in the Smart Property Investment FAST 50 for 2024. The highly coveted report combined the insights of a 14-strong investment expert panel and open-source data about local housing performance to highlight 50 of the Australian suburbs showing the proper investment fundamentals that […]
July 27, 2023
The average age of people who live in a retirement village has risen to 81 years and people live in a village, on average, for eight to nine years according to the latest PwC/Property Council Retirement Census. In addition, the average age of a person who enters a retirement village is 75 years of age, […]
July 25, 2023
Traditionally the number of sales and listings fall in Winter, with Autumn and Spring the busy periods. So, if you’re thinking of selling now does this mean you should hold off until Spring? Not at all! Don’t let the cold and wet weather deter you, Winter can be a great time to sell. Here’s why. […]
July 20, 2023
Want to know how you can turn your property into a profit? One of our partner businesses within the Summit Homes Group, Summit Granny Flats, turned the backyard of a Waikiki property into an investment strategy that now creates a passive, dual income for the client. The overall objective was to find a property with […]
July 18, 2023
Consumer protection has reviewed the Residential Tenancies Act 1987 (WA) to identify changes that will affect landlords and tenants. On the 26th May 2023, the WA Government announced amendments to this Act. They have endorsed proceeding with the following proposed changes: Tenants will be able to keep pets unless reasonable grounds exist for Landlords to […]
July 13, 2023
More landlords are considering selling their investment properties due to the cost of holding debt and further legislation restrictions placed on short term rentals. With increased compliance costs, reduced landlord rights, the time required to manage their properties, together with increasing interest rates, many investors are deciding to cash in on increased property values and […]
July 4, 2023
A purpose built police station in Baldivis will be operational as early as 2025, according to Baldivis MLA Reece Whitby and Police Minister Paul Papalia. “This is my major commitment from the last election,” Mr Whitby said. “It’s taken a while for police to find the right spot but I think it is a superb […]
June 29, 2023
The Federal Government has announced the expansion of criteria for the Home Guarantee Scheme in an attempt to address the housing affordability crisis. From 1st July 2023, friends, siblings and other family members will be able to jointly apply for the First Home Guarantee and Regional First Home Guarantee. People who have previously owned a […]
June 27, 2023
The Federal Government is making it easier for Permanent Residents to purchase property here in Australia with new eligibility to access the Home Guarantee Scheme. Officially unveiled as part of the 2023 federal budget, the expanded Home Guarantee Scheme will have broader eligibility criteria from 1st July 2023. So, if you have PR and are looking to […]
June 21, 2023
In a perfect world, selling your home looks like this. You put your property on the market, sell and then seamlessly transfer your sale proceeds directly into the purchase of your next home which is the first home you inspected, fits your criteria perfectly and its settlement date ties in with the settlement of your own […]
