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Housing Market

Young Australian's turning to share market The Nightly

Your MoneyCommentsPremiumWhy young Aussies are swapping property dreams for shares

Average house prices now cost nine times average incomes, versus five times 20 years ago, and young Australians are now looking for alternative ways to build wealth.

Tom Richardson

Victorian Labor's inspections policy targets young voters struggling to get into the housing market. (Mick Tsikas/AAP PHOTOS)

Housing MarketPremiumHousing sweeteners spruiked ahead of state election

Housing is shaping up as a key election issue for younger voters struggling to break into the property market, as a state government announces two new policies.

Nick Wilson, Allanah Sciberras and Callum Godde

Internationally renowned home in Dalkeith hits market for $5.5 million.

House That!CommentsPremiumBizarre Dalkeith home up for head-scratching $5.5m price

A home unlike any other — and the only WA property selected for the Atlas of Contemporary World Architecture — has hit the market for $5.5 million.

Kim Macdonald

An artist's impression of the proposed development.

Housing MarketCommentsPremiumPlans for $21m social housing development up for debate

A community housing provider wants approval for a three-storey building with 34 residential apartments for social housing, carparking and landscaping.

Michael Palmer

Gavin Hegney and Damian Collins Illustration.

opinion
opinion
Kim MacdonaldCommentsPremium
opinion
When will Perth’s property boom finally be over?

Week after week, I find myself asking, how long will this property madness last? Two experts provide their view on the matter.

Kim Macdonald

Kim Macdonald

Government schemes are allowing first-time homebuyers to borrow more with smaller deposits. (Mick Tsikas/AAP PHOTOS)

Housing MarketPremiumNew homebuyers use smaller deposits, borrow more to get on ladder

Borrowing patterns of first homebuyers are changing as they take advantage of government subsidies, Australia's biggest lender says.

Derek Rose

GEN Treasurer Rita Saffioti at Crown Perth on Thursday Iain Gillespie

The West Australian exclusive
The West Australian exclusive
state politicsCommentsPremium
The West Australian exclusive
Off-the-plan carrot aims to convince WA seniors to downsize

Stamp duty relief for off-the-plan apartments will be extended as the Cook Government faces pressure to use a $2 billion Budget windfall to fuel housing supply.

Jessica Page

Dianella land sold to Nigel Satterley.

Housing MarketCommentsPremiumFormer media precinct to become major housing estate

A former media precinct in the northern suburbs is set to become home to a further 150 dwellings after a big Perth developer bought up 12 hectares of land.

Kim Macdonald

Town of Cottesloe mayor Melissa Harkins, Town of Mosman Park mayor Paul Shaw, Shire of Peppermint Grove president Karen Farley, at the Mosman Park train station.

Housing MarketCommentsPremiumWestern suburbs mayors: ‘Fix transport, we’ll build homes’

The State Government needs to tip more money into the western suburbs, says Mosman Park mayor Paul Shaw, as he calls for transport infrastructure to support high density housing at train station precincts.

Kim Macdonald

Former Blackburne site for sale, could accommodate a 25-storey building

Square MetresCommentsPremiumSkyscraper potential in West Leederville

A Dale Alcock-led entity is selling a site that could host 18 storeys in West Leederville

Kim Macdonald

Australian house prices have surpass $12 trillion. NewsWire / Damian Shaw

FINANCEPremiumREVEALED: The absolutely insane value of Australian homes

The total value of Australian residential dwelling stock has reached an eye-watering new high after 13 consecutive quarters of growth.

Cameron Micallef

Westpac warns it will take at least five years to build enough houses. NewsWire/ Gaye Gerard

EXCLUSIVEPremiumMajor bank’s grim first-home buyer warning

A housing crisis 25 years in the making has pushed national median house prices through the $1m barrier for the first time, locking out a generation.

Cameron Micallef

A housing crisis 25 years in the making has pushed national median house prices through the $1m barrier for the first time, locking out a generation.

Housing MarketCommentsPremiumHousing shortage to worsen, locking out generation of buyers

A housing crisis 25 years in the making has pushed national median house prices through the $1 million barrier for the first time, locking out a generation.

Cameron Micallef

Half basketball court inside Peppermint Grove apartmen

House That!CommentsPremiumFlash Peppermint Grove flat boasts indoor basketball court

A luxury apartment listed in Peppermint Grove includes its own indoor half basketball court, set alongside the kitchen for just $1.65m.

Kim Macdonald

The State Government has defended raking in this eye-watering amount in stamp duty in just six months as house prices continue to soar.

The West Australian exclusive
The West Australian exclusive
Housing MarketCommentsPremium
The West Australian exclusive
Thanks billions! Cook Govt banks eye-watering stamp duty sum

The State Government has defended raking in this eye-watering amount in stamp duty in just six months as house prices continue to soar.

Kim Macdonald

Minister for Housing John Carey with former Albany MLA Rebecca Stephens at the Oyster Harbour site in 2024.

housing boostPremiumAlbany land stocks boosted by release of 20 residential lots

Twenty residential lots in Oyster Harbour were put on the market last week in the first of a 46-lot boost to Albany’s dire land supply shortage.

Melissa Sheil

The City of Albany is urging residents to do their research to make sure their tiny homes are up to code.

Tiny house warningPremiumCity says better research required into tiny home compliance

The City of Albany has issued a warning to residents about buying prefabricated tiny houses online, saying many of the dwellings being delivered to Albany do not comply with the National Construction Code.

Jacki Elezovich

The parents of Cleo Smith — the young girl who was kidnapped from a WA campsite and held for 18 days — have closed the door on a difficult chapter in their lives.

The West Australian exclusive
The West Australian exclusive
Housing MarketVideoCommentsPremium
The West Australian exclusive
Cleo Smith family’s major life update years after kidnapping

The family of the young girl who was abducted from a WA campsite and held for 18 days have closed the door on a difficult chapter.

Kim Macdonald

It is the third-highest monthly boost in WA history, with newly revised figures revealing Perth dwellings grew by $22,680 in October and by $26,035 in November.

PropertyCommentsPremiumWA property price boom creates ‘strong urgency’ in market

WA property prices are rising ten times faster than local wages. Combined with low listings, it has created ‘a strong sense of urgency’ in the market.

Kim Macdonald

Almost half of WA respondents to a nationwide survey of more than 4000 people said they strongly agreed more housing had to be built to meet current and future needs.

Housing MarketCommentsPremiumWA suffering the nation’s highest rates of housing stress

A whopping one-third of West Australian respondents to a nationwide survey report are being forced to make sacrifices to keep a roof over their heads.

Rebecca Le May

First home buyers chasing the Great Australian dream are facing a grim reality check, with thousands fighting over little more than 100 properties in their price range.

PropertyCommentsPremium$60k income prices first home buyers out of Perth dream

Only 13 affordable listings in Perth for someone on $60k a year is the reality check no-one wanted.

Kim Macdonald

The South Perth rental charging $2950 per week

House That!CommentsPremiumSouth Perth’s priciest rental demands insane $2950 a week

You could say the view on offer at a South Perth unit on the rental market will cost tenants more than $160,000 a year — or you could say it’s priceless.

Kim Macdonald

World champion surfer Jack Robinson’s love affair with the waves outside the Gnarabup home he recently listed for sale is the stuff of legend.

House That!CommentsPremiumWorld champ surfer’s Margaret River dream home for sale

Once a homeschooled grommet, champion surfer Jack Robinson is seeking offers in the mid-$3 millions for his Gnarabup home overlooking the waves he honed his craft.

Kim Macdonald

The design of the Great Southern Foyer proposed for Albany.

Call for cashPetition calls for government cash for homelessness project

Organisations that help homeless young people have set up a petition which calls on the State and Federal Governments to provide funding for a refuge in Albany.

Claire Middleton