Opal Tower fiasco beleaguers unit owners
The Opal Tower complex's investors and unit owners are at risk of financial losses due to a crisis concerning the four-month-old property.
Perth's median house price stabilises
Perth’s median house price stabilised at $510,000 in December, according to The Real Estate Institute of Western Australia (REIWA).
Investor loan serviceability drops 30-50%
Several downturns recorded this year were associated with tighter lending criteria. These include the decline in new-home approvals, new-home sales, and property prices, among others.
