Maylands and Dianella were Perth’s top selling suburbs north of the river last week, amid a tight total sales market of just 747 transactions. Jones and Co director Kelly Jones said that with a median house price of $567,500, Dianella represented very good value for an established suburb less than 10km from the CBD. DianellaContinue reading “Maylands, Dianella top Perth suburbs for sales”
Author Archives: Jones and Co
Market ripe for landlords
West Australians returning to their home State are adding to the current high demand for rentals. Real Estate Institute of Western Australia (REIWA) data for the June quarter shows the number of properties for lease shrank by 27 per cent. Jones and Co director Kelly Jones said rental listings in the Perth metropolitan area wereContinue reading “Market ripe for landlords”
WA urged to follow Canberra’s lead on stamp duty reform
Real estate industry leaders are urging Western Australia’s major political parties to follow Canberra’s lead and abolish stamp duty. Jones and Co director Kelly Jones said Canberra was leading the nation on stamp duty reform, but in Western Australia the tax remained the most substantial barrier to homeownership. She said a buyer of a $500,000Continue reading “WA urged to follow Canberra’s lead on stamp duty reform”
Post-pandemic push for stamp duty reforms
Scaling back stamp duty in Western Australia is long overdue, according to Kelly Jones, Director of Jones and Co. “Stamp duty is an inefficient tax that’s reviled by industry and consumers ,” Kelly said. “It’s by far the worst of the taxes that homeowners are hit with and it’s time it was replaced by aContinue reading “Post-pandemic push for stamp duty reforms”
Value properties for under the median sale price
With low interest rates and the median sale price for Perth sitting under $480,000, it’s perfect conditions for acquiring an affordable home. Jones and Co director Kelly Jones said there were currently plenty of accessible and affordable areas for people wanting to enter the market or even upsize. “Good value properties in suburbs like BassendeanContinue reading “Value properties for under the median sale price”
Why do I have to pay stamp duty?
Stamp duty is a State Government transfer fee and must be paid prior to settlement on every property purchased. The amount will depend on the home’s value, type of property and whether or not you’re a first home buyer or a foreign purchaser. If you fall outside these categories then stamp duty will cost youContinue reading “Why do I have to pay stamp duty?”
Top tips for a tight rental market
Lockdown’s over, the neighbourhood is buzzing again and the rental market is tight. So it’s essential you’re prepared before you jump headlong into the time-consuming task of finding a rental property. REIWA President Damian Collins said the strong demand for rental properties was continuing, with a 27 per cent increase in leasing activity on theContinue reading “Top tips for a tight rental market”
Getting your home Spring ready for market
Spring is regarded by many as the optimum time to put your property on the market. Buyers emerge into the warmer weather, the days are longer and gardens are looking their very best. Jones and Co. director Kelly Jones said vendors thinking about a Spring listing needed to start preparing their properties for sale nowContinue reading “Getting your home Spring ready for market”