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Perth’s median house price rises in Dec quarter

Further signs of recovery are emerging in the Perth property market, with the December quarter showing improvements in median prices, sales activity, listing levels, and average selling days, according to the Real Estate Institute of Western Australia (REIWA).

Home values rise in QLD’s coastal markets

Even though house and unit prices softened in Brisbane in the December quarter (hitting $548,918 and $385,955 respectively) according to the Domain Group’s latest House Price Report, prices are moving in the opposite direction in Queensland’s southeast coastal markets.

The definition of property investment

Simply put investment property is real estate property that has been purchased with the intention of earning a return on the investment, either through rental income or though capital gain with the future resale of the property. 

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