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WA residential property

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Trade shortages were causing issues for home builders and developers.

The type of housing cost that just soared 75 per cent in five years

Economists warn it could take considerable time before costs fall enough to improve affordability for average home buyers.

  • Melissa Heagney-Bayliss

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The property market is turning around.

Property market records one of the quickest downturns ever

It compares to the start of the COVID-19 pandemic, as well as the impact of a 2015 ruling that put limits on investor finance.

  • Melissa Heagney-Bayliss
Ed Craven purchased this property for $38.5 million in 2022.

The houses where Australia’s billionaires live, and how much they cost

At the absolute top end of the property market, buyers need business success or family wealth, or a bit of both.

  • Elizabeth Redman
A lack of housing is helping house prices to continue to rise as buyers compete.

The locations where houses make more money than their owners

In a two-speed housing market, some home owners made higher paper capital gains over the past year compared to their salary.

  • Melissa Heagney-Bayliss
‘It was more important than ever to create an established family home and feel nurtured. This house did just that.’

This creative duo turned a 1940s Freo bungalow into a family haven

Developers had made offers but the creative couple managed to buy the house for $50,000 off the asking price, and then give it a glow-up.

  • Elizabeth Clarke
What if your landlord hikes the rent?

Our rent increased by $300 a week. It feels like it should be illegal – but it’s not

The email came in on a Thursday evening. “Thanks for being great tenants, we are pleased to offer you a new lease!” it read, before dropping the bomb. 

  • Holly Thompson
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This mansion in Mosman Park, Perth sold for $25 million last year.

From sleepy to sought-after: Perth suburbs now premium postcodes

Once, premium meant a large house in an established, prestigious suburb. But rising costs and changing lifestyles are pushing buyers in new directions.

  • Sarah Brookes
The top 1 per cent earners are concentrated in the wealthy western suburbs.

What you need to earn to be in the top 1 per cent in your Perth suburb

The Australian suburb with the highest average income among its top 1 per cent is Cottesloe, at an eyewatering $16 million. See what the top 1 per cent earn in your suburb.

  • Sarah Brookes and Craig Butt
A property commentator says the housing crisis has its root cause in governments gouging the property sector with higher taxes

Perth’s property slump: Data reveals more than half of suburbs in ‘negative’ trend

More than half of Perth’s suburbs are now in decline, with property sales sliding and former boom towns turning into real estate bust zones, new data reveals.

  • Sarah Brookes
The stage is set for another property price surge in Perth.

‘Dangerous FOMO’: Perth listings drop as experts tip fresh price surge

Listings are drying up and property experts say that means one thing for Perth home prices.

  • Sarah Brookes

Original URL: https://www.smh.com.au/topic/wa-residential-property-hw3