At long last, things finally appear to be looking up! WA is heading towards a budget surplus, the resources sector is ticking along nicely, the property market is turning its fortunes around, the national unemployment rate is falling, and consumer confidence is on track to return to (and eventually exceed) pre-COVID levels. As such, savvyread more
Plenty has been said about 2020 up to this point – and with a year so difficult it’s not hard to see why. As we’ve done plenty of “taking stock” in our last few articles, for the February WA property market update we’ll put a bit more emphasis on looking ahead. As consumer confidence continuesread more
What a year 2020 was. Last year threw more curveballs and brought forth more global issues than anyone would have expected – but how did the WA property market fare overall? Our previous pieces on the WA property market, looking at various months throughout 2020, painted a picture of uncertainty, adaptability, and perhaps most ofread more
While other parts of the country, and indeed the world, continue to get to grips with COVID-19, Western Australia remains relatively untouched and is enjoying the lead up to summer with just about 100% “normality”. So, if our lifestyles are anything to go by, things are looking up – but what’s to be said about theread more
Off the back of a rough 2020 so far, the Western Australian property market is still hovering around the bottom of the cycle across both residential and commercial sectors. As we’ve outlined in the past couple of property updates, including our August edition, a glass-half-full approach to looking at the situation can uncover some importantread more
An already-struggling WA property market needed a light at the end of the tunnel, and some optimism about the future – not quite what COVID-19 has brought along! There’s still a long way to go in the WA property market recovery process, and it will likely be some time before we see significant growth inread more
As part of the ongoing COVID-19 Stimulus Package, the Federal government has announced the HomeBuilder scheme – an incentive targeting the residential property market in order to stimulate growth. A $25,000 grant is available to eligible individuals from the federal government, along with a further $20,000 from the Western Australian government, in addition to otherread more
Businesses going under, workers being stood down, and a global economic downturn – Coronavirus (COVID-19) has had a significant impact on more than just the worldwide healthcare system. While the federal and state government stimulus packages have brought relief to existing residential and commercial tenancy arrangements, the current economic slowdown is putting different pressures onread more
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