Perth's property market continues to rebound, with 20 suburbs now at their highest median house sale price on record. REIWA President Damian Collins said the Perth property market last peaked in 2014 when the median house sale price hit $545,000. Now, seven years later, 20 suburbs have seen their median prices exceed where they were in 2014.

"An often neglected group of Aussies will get a huge boost in the Federal Budget on Tuesday, allowing them to do something many didn’t think was possible. Single parents will be backed to buy their own home with a deposit as modest as 2 percent under a new housing program to be announced in Tuesday’s budget.

It’s a grim outlook for first-time homebuyers around Australia as house prices continue to soar and Perth house prices are forecast to jump by 19 percent this year, according to ANZ economists.

A notice of termination for a tenancy agreement

Western Australia’s temporary changes to renting laws due to COVID-19 ended on Sunday 28 March 2021.

House hunters could be forced to add hundreds of thousands of dollars to their budget by the end of the year.

Western Australian property prices are expected to grow by 15 percent this year, according to REIWA’s revised 2021 forecast.

A residential tenancy will end when a tenant vacates the premises under a notice of termination lawfully issued by the landlord or when a court orders a termination.

A tenant has the following options to try to stop a termination and eviction action:

Rent arrears assistance grants help tenants pay their outstanding rent debt that arose before 1 December 2020. Grants for 75 percent of rent arrears, up to a maximum of $4,000, will be paid directly to eligible landlords.

With property prices and competition falling away, the short answer is yes — if you’re one of the lucky ones who remains financially secure.

It’s always property fundamentals that really matter and drive our markets in the long term.

Perth property boom in WA - an investor’s opportunity in 2021

Thanks to record low-interest rates, booming mining activity, growing consumer confidence, and various government stimuli, it is a great time to consider property investment.

We are in WA experiencing a huge shortage of rental accommodations. The issue was that the moratorium had led investors to flee the market.

The vacancy rate in the Perth metropolitan area was just above record lows, at one percent in February 2021, according to the Real Estate Institute of Western Australia (REIWA).