The Real Estate Institute of Western Australia (REIWA) has called on the state’s government not to consider ending the universal application of the first home owners grant in its upcoming midyear budget review.
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When all the confetti and fireworks have settled and property investors look to the new year ahead they should feel assured that a number of affordability drivers are working in their favour

The capital city weighted average median price decreased by 0.6% for houses and by 1.2% for other dwellings over the September quarter, according to the Bendigo Bank/REIA Real Estate Market Facts publication.

The number of home owners incorrectly pricing their properties has increased in 2012, with self-diagnosis on the rise, according to Propell National Valuers.