The Blog

We are continuing to witness some impressive momentum in the Perth property market generally, and indeed locally, with the White House team achieving some outstanding results for our seller and owners in both March and April. REIWA has confirmed this momentum with updated growth forecasts for Perth’s property market in 2024. What is continuing to […]

It’s been a whirlwind week here at White House Property Partners, with a remarkable eight listings moving swiftly from “for sale” to “under offer” to keen buyers who knew the time to act was now. At the same time, we’ve witnessed serious disappointment from those who hesitated or didn’t put their best foot forward. As […]

THE LOCAL MARKET Last week, sales in Perth increased by 4.4 per cent, with 968 transactions. House sales rose by 4.8 per cent, while unit and land sales saw increases of 3.7 per cent and 3 per cent respectively. Properties available in Perth increased by 2.7 per cent, with 3,818 properties for sale by the […]

This week the State Government passed the Residential Tenancies Amendment Bill 2024 through State Parliament. These “rental reforms” will come into effect in three phases with the first changes (phase one) anticipated to take effect from May 2024.   REIWA has explained that under phase one “Owners and property managers will be banned from asking […]

THE LOCAL MARKET The closing of the school holidays saw a notable increase in activity in the property market. Sales increased by an impressive 30.5 per cent compared to the previous week, with REIWA members reporting a total of 938 transactions. House sales increased by 43 per cent and unit sales rose by 41.3 per […]

The Perth rental market is at a historic juncture. The vacancy rate (number of properties available to lease) has now plunged to a new low of 0.4% as of March, a figure that speaks volumes about the current demand in our market, according to REIWA’s latest press release. This unprecedented dip from the previous low […]

Like the hot Autumn days we experienced in March and are continuing to experience during the April school holidays, the Perth market has continued to sizzle through the first month of Autumn with REIWA reporting that Perth’s median house sale price set a new record in March increasing by 2.5 percent to $620,000. The median […]

The pace of house sales has been accelerating for some time. Interestingly, in recent months, we have seen a surge in the pace of unit sales. REIWA is reporting that while houses sold in a median of just eight days in February, units weren’t far behind at just nine days. Nine days is a significant […]

Western Australia is witnessing its most substantial population growth in over a decade with a 3.3% increase in population. WA is now home to 2.905 million people! This spike in growth represents an influx of roughly 37,000 new households, intensifying demands on the housing market, according to REIWA CEO Cath Hart. With the fastest growth […]

It’s been a huge week at White House Property Partners with our hard-working sales team putting under offer nine properties worth in excess of $12 million for our clients! Prospective sellers might be wondering, with limited number of listings and a surplus of buyers, is it really worth the effort to present a property for […]

Today, we celebrate International Women’s Day! Established in the early 20th century, this year’s theme is Count Her In: Invest in Women: Accelerate Progress. This theme encourages us to work towards greater inclusion and pay parity for women globally. At White House Property Partners, our female-led, all-female team embodies the spirit of International Women’s Day […]

“Perth continues to stand out with a substantially higher rate of growth compared to any other region” that’s what Core Logic has said in its latest report today released today. The strength of the current Perth property market has been confirmed with housing prices experiencing another nation-leading increase of 1.8% in February alone and 5.2% […]

The rapid pace at which properties are being bought and sold is a little like securing Taylor Swift concert tickets, albeit with a lot less fanfare. The question remains, however, is there a shortage of properties for sale? Recent figures from www.reiwa.com highlight a seemingly tight market, with only 3,738 properties listed for sale at […]

As we enter another weekend of very warm weather, it is fair to say that the heat is not deterring buyers from either viewing property or stepping forward with offers. Last weekend despite the heat we saw 45 groups attend one home open with five offers put forward to our sellers. Indeed, the White House […]

In good news for prospective borrowers and mortgage holders this week, the Reserve Bank of Australia (RBA) chose to keep interest rates steady, as was widely anticipated. This decision was influenced by the lower-than-expected inflation figures we discussed last week and weak retail trade results. Additionally, there’s been a slowdown in national housing value growth, […]

It’s been a big news week in matters relating to the Perth property market so we have a bit to share and we’ll jump straight in! Perth’s inflation rate takes a dip This week the Australian Bureau of Statistics released data for the December quarter 2023 which shows that Perth’s inflation has taken a welcome […]

As we embrace the last weekend of the summer school holidays, here at White House, we are continuing to see strong buyer activity in 2024 and short days on market for some properties. Last week we put another two properties under offer in less than a week – both with multiple offers. The good news […]

In the wake of strong price growth and a fast-paced real estate market in 2023, the Real Estate Institute of Western Australia (REIWA) is forecasting that there is nothing to suggest that this growth doesn’t continue in 2024. With a noteworthy 3.1 percent increase in population recorded in the year up to June 2023 and […]

Stepping into the new year often brings with it thoughts of new beginnings, and for many, that includes the prospect of a new home. If buying a house is on your agenda for 2024, it’s time to lay the groundwork now. Taking proactive steps to understand your position and organise your finances and property for […]

Happy New Year! With many of our team still on leave as they spend precious time with their families and friends, today’s newsletter is from our Director of White House Property Partners, Stefanie Dobro A NOTE FROM THE DIRECTOR As we step into 2024, I wanted to take a moment to reflect on the incredible […]