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…
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Celebrating Five Fantastic Years with Real Property WA!
It’s time to break out the party hats, pop the confetti, and throw some virtual high fives because Real Property WA is turning five! That’s right, folks, our beloved real estate agency has hit a fantastic milestone, and we couldn’t be more thrilled to celebrate with all of you. Over the past five years, Real…
Perth Rental Market Update
It is no secret that the current Perth rental market is tough but if you want an in-depth look into the contributing factors – keep reading! The vacancy rate in Perth is sitting steady at around 0.9% and rent increases are currently averaging $20 per week more as compared to December 2020. The limited supply…
Choosing the right Property Manager
When it comes to the management of your rental property, choosing the right Property Manager is crucial! Everyone has heard the horror stories of what can happen to your investment property if it is poorly managed. It can be financially straining and not to mention stressful on the Landlord. Don’t fret, here are some steps…
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…
