Category: WA

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…