The Blog

New rental reforms have just passed in WA Parliament, aiming to protect tenants and provide more clarity for landlords. These new laws to the Residential Tenancies Act are in place to improve the rights of both tenants and landlords. The reforms will help thousands of West Australians feel more at home in their rental properties. […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

We have 3 local suburbs in the national list that are expected to deliver the biggest capital growth in 2024! If you’re looking to purchase a property you might want to give these suburbs a closer look, with median prices starting from just $305,000. The cheapest suburbs in Smart Property Investment’s new FAST 50 report – […]

Depreciation specialists BMT, have provided their top four reasons to focus on property depreciation claims ahead of the end-of-financial year tax season. With tax season approaching, interest rates rising, refinancing at record levels, and property values in a state of flux, property investors around the country are being encouraged to find ways to improve cash […]

CoreLogic’s annual Best of the Best report listed Waikiki the leading growth suburb in the Perth metro area, with 14.3% growth over the last 12 months. The median house price of $489,670 makes it an attractive suburb for people entering the property market and investors alike. It was a Rockingham area versus Mandurah tussle, with […]

It is data that will surely rub salt in the wound of WA tenants already facing the most competitive rental market on record — paying a mortgage is cheaper than renting in a quarter of Perth’s suburbs. Despite consecutive rate hikes, a comprehensive analysis by Domain Research showed Perth and Darwin had the highest proportion of suburbs […]

Insurance can be confusing at the best of times, but even more so for strata complexes who share common property – are you responsible for insuring this? Or does everyone in the complex chip in? And if you do, is everything covered in the common area or only certain parts? What if you’re an investor […]

Being a strata lot owner can be confusing and daunting, especially if you’re new to strata living! When you buy a strata property, you’re not just buying your property, but also a portion of common property. If this is the case for you, then you’ll likely have a Strata Manager and pay them strata fees […]

Nearly 30 suburbs have had double-digit property price growth this year despite four rate rises, with Mt Hawthorn topping the list with an astonishing 16.3 per cent rise. New data from the Real Estate Institute of WA shows an additional 105 suburbs have had price growth of more than 5 per cent — which is […]

Apartment living is becoming an increasingly popular option for property buyers, in fact, one in ten Australians live in an apartment! Some find the convenience of an apartment appealing, while for others it’s the location, affordability or simply because it can be a good investment and a good way to get your foot in the […]

If you’ve owned/own a property with shared, common property (ie. driveway, gardens, stairs, foyers etc.), chances are you’ve come across a Strata Manager, sometimes also referred to as Body Corporate Management. In short, the Strata Manager is involved in the day to day operation and management of the property on behalf of the owners. It […]

The latest taxation statistics from the Australian Bureau of Statistics shows there was a record-high $23.970 billion in stamp duty collected during 2020-21. The Australian Bureau of Statistics (ABS) recently published taxation statistics data for the 2020-21 financial year and the data showed an increase in property tax revenue for state and local governments and […]

CoreLogic’s Perth home value index increased 0.6 per cent during January, the highest monthly increase since May 2021. REIWA President Damian Collins said this was a strong start to the year, especially given activity is typically lower in January following the festive season. “Demand has been strong in the first month of the year. If […]

Perth’s property market looks set for a year of double-digit price growth, an even tighter rental market, and the return of investors in 2022, experts say. And most industry players agreed the biggest factor that will impact the residential market will be the planned opening of Western Australia’s borders in February. “I think the fact […]

Following the recent Federal and State Government Homebuilder Grants which has stimulated the WA home building market to record levels, the growing rental shortage in the local area has been further cemented with the uplift in new home builds. Baldivis one of the biggest growth suburbs is booming and those people are opting to live […]