News Archive
Breaking News - Property Management Special Offer*
15 January 2012
Power Realty are experts at Property Management . Our dedicated team of professionals understands and listens to the requirements of both investor and tenant. In that spirit we are proud to offer you something special: Special Investment Owner Offer + Service Guarantee – Trial period * We offer the first two months o...
Median house price lifts in December quarter 2011
14 January 2012
December quarter data from the Real Estate Institute of Western Australia show that Perth’s median house price increased slightly. Although only a modest increase of around 0.5 per cent, this positive movement represents the first lift in median price since the market peaked in March 2010 and puts the current median at around $465,000; up by $5,000 on the revised Septe...
Public react well to 100 point check
05 January 2012
Real estate agents are finding that the new identity checks for people selling property have been well received by the public. Chief Executive of the Real estate Institute of Western Australia, Anne Arnold, said the new 100-point on ID verification had become necessary to prevent fraudulent sales. “The two Nigerian property scams that have occurred in WA in r...
Can a garden add value to every home?
04 January 2012
Over the last decade there seems to have been an endless stream of television lifestyle shows, magazines and newspaper features about backyard makeovers. Generally they highlight the aesthetic and lifestyle benefits that result from these changes, but does an attractive garden really add value to your home? A new garden can be quite expensive. It’s very easy to spend up to $...
If youre keen to buy make your first offer reasonable
02 January 2012
If you’re in the current market to buy a property , then make sure your first offer is a good one. While some properties are selling slowly, REIWA data for the September quarter shows that the average number of selling days has come down to 64 from 69 back in June, and almost two weeks less than the same time last year. If a property has been listed in the last couple of months, th...
What adds the most value to a home?
01 January 2012
When it comes to estimating the market value of property , the building and its design features are the main variables. By contrast, land value is relatively easy to estimate. The old adage that “there is a buyer for every property ”, is true, but it depends on price. Some properties however, contain popular building and design features and so estimating their market value c...
Add some WOW factor to help you sell
16 December 2011
With so much housing stock on the market currently, smart sellers are looking for ways to spruce up their property with some ‘wow factor’, to help it stand out from the rest. But what’s an appropriate amount to spend under current conditions? Can you be assured of getting your money back in a buyers’ market? Well planned expenditure on a hou...
Pet subjects for land owners
01 December 2011
Until very recently the total amount of Pet Bond that a landlord could require from a tenant with a dog or cat was just $100.00. And even then this money could only be used for fumigation of carpets and upholstery if required and not for anything else. This limitation and price cap has deterred a lot of landlords from taking on tenants with pets, because there has been the pe...
REIWA clause helps protect against termites
18 November 2011
Over the next couple of months homeowners should be on the lookout for termite activity. Early spring is when these insects start their annual flights. With plenty of moisture in the air and daily temperatures rising slowly as summer approaches, the conditions are ideal for termites as they scout for new food, search for places to live and establish new colonies. &nbs...
Think long term with property investing
10 November 2011
The Western Australian property boom of 2004-2007 was fuelled by sudden population growth, attracting many keen investors eager to try their hand in the housing market. Many of the more novice investors then fled this market when property took a dive in 2008. The 12 per cent fall in median price that year was recovered in 2009 and Perth’s median house price actuall...
