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Why Prestige Property Perth

Whatever your real estate requirements, Prestige Property Perth will be with you every step of the way Prestige Property Perth is proud to offer you a professional range of specialised real estate services. From the sale of residential homes, apartments and vacant land, to the long term management of your highly valued investment portfolio, our experienced staff will be more than happy to formulate a tailored and personalised selling program, that truly suits your needs. Located in Scarborough, we specialise in the surrounding…

Marketing Your Property with Andrew Amos

A well respected boutique agency, Prestige Property Perth specialises in Residential Sales, Auctions and first class Property Management. As opposed to many other agencies, we have a very strong focus on providing high quality, personalised customer service at all times. By implementing the very latest real estate specific marketing technology and techniques, we ensure your property is promoted locally, nationally and internationally, whilst appealing to all walks of life. We do this by utilising every form of current marketing medium,…

Being a Landlord Can Be Daunting These Days

Now more than ever, property investors need the services of a professional and experienced Property Manager... Wait, was that a yawn I just heard you exhale as you said to yourself "there's a surprise, a real estate business owner pushing his property management services" as you read my opening line... ? Well maybe it was, but if you did, and you are an owner of an investment property, then perhaps you should read on a little further, just to see…

The Sentiment of Downsizing to Fund Retirement

A number of my current real estate conversations, are with retirees who are looking to sell their large family home, in order to downsize to a smaller, lower maintenance property, whilst freeing up some much needed funds, in order to help them further fund their later years. On the surface, this seems a very practical approach, that provides a straight forward solution to a very real need. Selling an older larger asset, that in monetary terms is more valuable than…

Personalised Professional Guidance Has Never Been So Important

Are people looking for genuine, good old fashioned service, professional advice and personal attention again, after spending the last 15 years in a world of 'service by numbers' and 'automation'? I was recently asked by a previous client of mine if I would catch up with him over lunch. Beside the fact I am never one to say no to good lunch, I was also intrigued, as I didn't realise he was in 'real estate mode' again, because when we…

Is Your Investment Property In Safe Hands 100% of The Time?

We all know life is getting busier, and for some reason it seems to take a lot more time and effort to get what we used to always have? Collectively and individually, our expectations are higher, our security risks are greater, and our needs are larger, which seems to be making our days shorter, even though mathematically we receive the same amount of time as we always once did. I don't know about you, but in my case, I seem…

Heading into Real Estate Mode

When heading into 'Real Estate Mode' (a time when someone is looking to make a change in relation to their current living situation), far too many property owners only focus on two things; 1.   How much can they sell their property for? and; 2.   How much is it going to cost them? and although these two components are important, they really only make up around 10% of the larger emotional, conceptual and financial transaction that is going to follow during the course…

Perth's four-year housing bust is nothing like what Sydney and Melbourne's property markets face

As house prices continue their downward trajectory on the eastern seaboard, property owners across the Nullarbor are watching on with interest. Perth is more than four years into a housing downturn that is yet to bottom out after median house prices peaked at $585,000 in November 2014, according to Landgate figures. As panicked owner-occupiers and property investors in Sydney and Melbourne try to predict what will happen from here, real estate observers and economists say the WA market may provide…

REIWA reveals Perth’s top 10 fastest-selling suburbs

REIWA has revealed Perth’s 10 fastest-selling suburbs for the 12 months to July 2018. At the same time last year the western suburbs dominated the rankings with eight suburbs in the top 10. Only three of these suburbs have retained a placing, with the northern corridor putting in a strong showing this year.   THE TOP 10   10. Mount Hawthorn  Kicking off the list is Mount Hawthorn. It took sellers approximately 37 days to secure a buyer for their…

Perth rental market improves in August

The Perth rental market continues to show promising signs of improvement, with the vacancy rate falling to 4.5 per cent in August - the lowest it’s been since April 2015.      REIWA President Hayden Groves said the Perth rental market had shown encouraging signs across all key indicators.       “What we are seeing is a steady yet healthy improvement in tenant activity,” Mr Groves said.       “Steady rents, easing supply as listings for rent continue to fall and stronger demand…

Perth houses most affordable on record

The Perth property market is at its most affordable on record as falling prices and slowly rising wages give potential buyers their best chance of securing a home. Housing Industry Association figures show Perth housing is also the most affordable among the nation’s capital cities. The HIA estimated that in the June quarter, the monthly repayment on a median-priced house accounted for less than 27 per cent of the average income. In Sydney, buyers needed twice as much income to…

Perth housing recovery still years away

Perth's housing market decline looks to be slowing, but it will be a long, slow grind before it recovers from a post-mining boom slump, according to experts. Industry analyst and economic forecaster BIS Oxford Economics' recent report points to an overall slowdown in the Australian property market.   Perth's house prices appear to be bottoming out, with the year until June 2018 showing a decline of only 1 per cent, the lowest since the market peaked in 2013/14.   Perth's…

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