With more tenants prioritising health and the environment, demand is rising for rentals with whole-home water filtration systems. Families now seek homes that offer both comfort and well-being, with water quality playing a crucial role. Filtered water improves drinking, cooking, and even skin and hair health. For landlords, offering clean, chemical-free water not only appeals…
How Does Property Management Work? When Should You Get a Property Manager?
Property management can be a daunting task for landlords, especially those juggling a full-time job or multiple properties. From finding and keeping good tenants to managing repairs and rent collection, the responsibilities can quickly become overwhelming. That’s where a property manager comes in—offering peace of mind and saving you both time and money. What Does…
Navigating a Property Market Decline: Expert Strategies for Landlords
In recent months, the property market in Western Australia has shown signs of stabilisation after a period of rapid growth. As landlords, navigating this shift requires a strategic approach to ensure continued success in leasing properties. Here at Real Property WA, we understand the importance of staying ahead in a changing market landscape. Let’s explore…
WA Rental Reforms
Understanding the Recent Changes in Western Australia Rent Reforms Recent changes in the Western Australia Rent Reforms are set to impact rental properties across the region. These reforms aim to create a more balanced and transparent rental market by enhancing the rights and responsibilities of both landlords and tenants. Implemented in three stages over the…
Why a Perth Property Investment is the Smart Choice
Perth stands out as a prime location for property investment in Australia for several reasons. It continues to boast price growth yet remains one of the most affordable capital cities (Source), providing a unique combination of growth potential and accessible entry points for investors (lower entry costs compared to other major cities). Additionally, other areas…
Tax Time Hacks for Rental Property Investors: Maximise Your Savings This Financial Year
As the end of the financial year approaches and tax season looms, residential rental property investors have a prime opportunity to maximise tax savings. Here are some essential end-of-financial-year tax tips for rental property investors from the Real Property WA team. Consult a Professional An accountant is crucial for any rental property investor. They can…
Tips for Tenants – How to secure your rental property
Are you a tenant that has had their tenancy application declined way too many times? Have you had viewings cancelled because the property has already been leased? Have you been unable to book a viewing simply because the attendance threshold was reached? If you’ve answered YES to any or all of the above questions, then…
Perth’s Vacancy Rate Drops to a 12 Year Low
The Perth rental market’s vacancy rate has dropped to 0.96 per cent, which is the lowest it has been since March 2008, the lowest it has been in 13 years. REIWA President Damian Collins said a vacancy rate around three per cent is generally considered to create a good balance between supply and demand.…
Moratorium on Evictions Extended
The State Government have announced they have extended the Covid-19 Response Act until March 28, 2021 in an effort to preserve stability and certainty in the WA rental market. This included the moratorium on evictions, rent increases and other provisions. The Residential Tenancies(COVID-19 Response) Bill 2020 introduced; a moratorium on eviction for six months except…