REIWA has shared some positive property news for Western Australia, stating Perth remains an affordable option for first home buyers looking to take the leap into property ownership.
Buying your first home in WA is the most achievable it has been for some time – since the down-turn of the mining industry, subsequent moderation of the real estate market and the record low interest rates.
There is also plenty of choice at the moment, with a higher than average listing stock. Housing stock levels in WA remain above the long term average and combined with less buyer competition in the market, means the odds are in your favour to secure a home that meets all your needs.
In even more good news for home buyers, according to the Housing Affordability Report released late 2016 by the Real Estate Institute of Australia and Adelaide Bank showed that affordability in WA improved over the year despite declining slightly in the September quarter. This means, now is such a good time to enter into the WA property market and take advantage of this improved affordability.
Now Living Realty have a range of properties for sale – visit our Buy page for more information.