Jason Coviello - Shelter Home Loan Collective

22/10/2020

The rental vacancy rate in Perth has dropped to 0.96%, which is the lowest it's been in 13 years. The low vacancy rate generally means there are fewer properties to rent, which means rising rent costs. Traditionally this eventually flows through to rising house prices as more people move from renting to buying as they figure out the cost of owning a home is similar to the high rental cost.

At the moment we are seeing a lot of enquiries from people looking to finance their new house, so no doubt the house prices in Perth will start to rise soon.

Some long-awaited good news for Perth property owners, but not such great news for tenants.

Perth’s residential vacancy rate continues to rapidly decline, falling to 0.96 per cent which is the lowest it has been in 13 years, and only the third time in 40 years it has dropped below one per cent.

27/12/2019

11/10/2019

The decline in sales activity from 89,000 in 2005 to less than 39,000 in 2018 is a clear sign that the property industry needs a stimulus to attract buyers and investors back into the market. Find out more on REIWA's six-point plan.

19/03/2019

23/01/2019

With new data released last week showing that mortgage brokers arranged 59.1% of all residential loans in the September 2018 quarter, there's no doubt that people want more choice when it comes to finance!

Why are mortgage brokers so important to the Australian lending market......we create competition.

Over the past 30 years, brokers have contributed to the fall in net interest margin for banks of over 3 percentage points. This means a saving of over $300,000 on a $500,000 thirty-year loan.

In current terms this represents an interest rate fall from 7% to 4%.*

Give us a call if you want to discuss your options.

*"The Value of Mortgage Broking" – Deloitte Access Economics Report. https://www.choicematters.com.au/wp-content/uploads/2018/11/The-Value-of-Mortgage-Broking-Deloitte-Access-Economics-Report.pdf

09/04/2018

We're proud to announce that the new East Fremantle office is up and running and the doors are officially open for business! A big thanks to Kim Melvin from Embark Building, Darren at Aushades Pty Ltd, Darren, Clint and the team at Go Graphics, and everyone else that helped with the new office, we couldn't be happier with the finished product!

25/09/2017

Some positive news for Perth home owners :)

A list of the top 10 Perth suburbs for median house price growth