The Federal Government has brought forward the expansion of its First Homebuyer Guarantee scheme, with the new rules now set to start in October. The update means first homebuyers will be able to purchase a property with just a 5% deposit, without the added cost of lender’s mortgage insurance, as the government guarantees the balance. Income caps will also be removed, opening the door to more Australians looking to get on the property ladder. It’s especially good news for Perth first homebuyers, where housing remains more affordable compared to many other states.

A recent survey reveals a split in sentiment: 44% of economists believe the worst of the cost‑of‑living crisis is behind us, citing improved inflation and savings rates. Yet for many households – especially older generations struggling with fixed incomes – it still feels like a long road to relief. This article explores both the data and the lived reality behind the headlines.

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Owners of unhosted short-term rental properties in Perth – those where guests have exclusive use – are being urged to ensure compliance with the state's new short-term rental laws. From 1 January 2026, such properties operating for more than 90 nights per year will require planning approval from their local council. Hosted rentals (where the owner lives onsite) are exempt from this requirement. If you rent out a property short-term, this article is essential reading to ensure you comply and avoid disruption to your listing.

With spring just days away, it’s the ideal time to give your outdoor area a refresh. This article shares simple, budget-friendly ways to make the most of your space – whether it’s a small backyard or a cosy balcony. From smart styling tips to easy DIY updates, it shows how little changes can help you create an inviting alfresco area ready for the warmer months.

Sales activity was up 13.5% in Perth during the week ending 24 August with 825 transactions recorded. On closer inspection, house and unit sales were up 2.5% and 13.5% respectively. However, land sales were down 8.3%.

Perth’s highest sale price:  South Perth – $5,900,000

Perth’s lowest sale price: Mandurah – $270,000

Listings
There were 3,145 properties for sale in the metropolitan area for the week ending August 24, which is 6.8% lower than 4 weeks ago and 9.3% lower than the same time last year.

Top performing suburbs – sales

• Baldivis, Perth: 13
• Maylands, Scarborough: 11
• Byford: 10

Top performing suburbs – rentals

• Baldivis: 28
• Perth: 17
• Rockingham: 15
• East Perth, West Perth: 12

Perth rental market
REIWA members reported 2,234 properties for rent at the end of last week, which is 3.4% down on the previous week, 6.9% lower than 4 weeks ago and similar to the same time last year. Leasing activity increased by 9.3% since last week, with REIWA members reporting 738 properties leased. This number is 5.7% higher than 4 weeks ago and 12% higher than a year ago. 

Open for Inspection

Saturday & Sunday
11:00 - 11:45am – 2/26 Gillon St, Karawara

If you would like to see any property we have for sale, just call Shelley on 0417963670 or Mark on 0411552309 and we will do our best to arrange a private appointment for you.