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Property market update: Perth, February 2022 - Vimarsana News

Property market update: Perth, February 2022

Perth’s property market stayed the course in February, seeing another month of growth albeit at a slower pace. With WA set to reopen its borders in March, local experts and industry figures are optimistic that the city is tipped to reach new heights.   Perth did not stray from its set course at the start of 2022, as the city saw the continuation of the steady-as-she-goes recovery in property values over February.    According to REIWA President Damian Collins, the city’s latest performance showed that it was on track for another solid year of price growth.   “REIWA members across Per...

Perth first-home buyers enjoy shortest time spent saving for a deposit - Vimarsana News

Perth first-home buyers enjoy shortest time spent saving for a deposit

Perth leads in the nation need just three years and seven months to save a deposit for an entry-level house, less than half the time first-home buyers face in Sydney, a new report has found.

Melbourne first-home buyers face rising deposit hurdle - Vimarsana News

Melbourne first-home buyers face rising deposit hurdle

The savings grind for many young couples scraping together a house deposit has stretched out to more than six years, and for singles the challenge is even harder.

Source: smh.com.au
Why Australia's rental crisis is set to get worse - Vimarsana News

Why Australia's rental crisis is set to get worse

Experts say Australia's rent crisis is set to get worse with borders reopened, construction costs surging at double the inflation rate, recent floods and an upcoming election.

Sydney and Melbourne Property Markets Cool as 1 in 10 Homes Sell at Discounted Price - Vimarsana News

Sydney and Melbourne Property Markets Cool as 1 in 10 Homes Sell at Discounted Price

Around 10 percent of homes in Sydney and Melbourne were sold at a discounted price in February as ...