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
Last week the Western Australian state government announced a proposed package of stimulus and relief for the property and construction industries.... Read more
On 1 May 2020, new law affecting the way strata is developed, sold, managed and lived in will take effect in Western Australia. Over the coming months these much anticipated and important updates will be implemented, modernising the strata industry in Western Australia, and enabling further flexibility to mixed use developments.... Read more
Marketing your property for sale. It seems simple, right? Take a couple of photographs. Complete a write up on how many bedrooms, bathrooms and living areas. Does it have floorboards, tiles or carpet? Is it ‘perfect for entertaining’? Great! It’s now time to pick an obvious, uninspiring tagline – how about ‘location, location, location!’ Now pop it on realestate.com and wait for an unmanageable number of enquiries. *Crickets*. ... Read more
It’s too early to predict the outcomes that COVID-19 impacts will have on our state’s property sector. However, having ridden a number of economic waves throughout Realmark’s 30 years of business, one thing we do know is that each market will respond differently – and there will be some that come out on top. ... Read more
