The West Australian property market entered 2021 in a position of strength. Presenting a high volume of sales transactions and enquiry figures – realestate.com reporting a 77 per cent increase in enquiries to buy in December alone.... Read more
Realmark Commercial welcomed its newest tenant, My House Dumpling to Leederville this month as the strip’s exclusive Taiwanese cuisine eatery. ... Read more
While the need for rental housing in Western Australia continues to rise, this acute demand is not matched by supply. The already heightened demand combined with historic trends indicating January is the busiest month of the year for residential leasing – property and leasing managers are bracing for a summer surge of tenants looking to secure accommodation...... Read more
The significant increase in demand for real estate, combined with the general historic trend of heightened activity throughout summer – has WA real estate agents bracing for a summer surge of buyers looking for property. The industry can be seen to be moving quickly, with record-speed selling days, but is this leading Perth property owners to undersell their asset?... Read more
Realmark recently facilitated the leasing roll out of a 25-apartment complex and commercial mixed-use development on Marmion Street in Booragoon. The comprehensive marketing and leasing campaign ran over 4 months, and all residential apartments are now leased. Learn more about the strategy we deployed to achieve this result. ... Read more
Over the last few months, we’ve presented a case for cautious optimism in the Perth property market. Near-zero vacancy levels are showing promise of future growth in rental returns, and a breakthrough in a coronavirus vaccine sends investor sentiment on an upward trajectory. Can we expect a mini boom in 2021? ... Read more
John Percudani, Director of Realmark comments on the emergency relief period extension and some of the potential flow on consequences considering the decision. ... Read more
In September, the State Government announced the $1.5 billion City Deal plan to re-invigorate the Perth CBD. ... Read more
As you may be aware, the State government announced its extension of the emergency relief and provisions that were introduced earlier this year in response to the COVID-19 pandemic. ... Read more
Property sales have experienced a rebound since April when restrictions were at their peak in Perth, indicating consumer confidence in WA has consistently improved month on month since the virus hit. ... Read more
Although we predicted somewhat of a V shape recovery, I don’t think any of us were expecting a rebound this significant off the back of restrictions lifting. ... Read more
By the 11th of May, REIWA reported that there was already more sales activity for that month compared to the whole of April. And with housing stock levels the lowest they’ve been in 6 years, competition is running hot for sought after properties around Perth. ... Read more
