On Sunday evening, one of our tenants contacted us about water leaking through the kitchen ceiling. What could have become a very costly and stressful situation was resolved by mid-morning the following day, with minimal disruption and very little damage. Why? Because effective property management starts long before something goes wrong. Before this incident occurred, we had already identified the property as potentially containing Iplex pipework and arranged the installation of a...

Key takeaways Perth home values rose 1.5% in May — maintaining the city's status as the nation's strongest capital market — marking a clear deceleration from the 3.1% monthly peak recorded in November last year, confirming that the country's most powerful growth run is entering a more subdued phase. The tier split in Perth continues to dictate local dynamics, with lower quartile values increasing by 1.8% in May compared to a softer 1.2% rise for the upper quartile, as borrowing limits and...

"REIWA President Suzanne Brown said the Perth property market had eased over the past two months." The time taken to sell a property in Perth has nearly doubled in the past three months. According to the latest data from REIWA, houses sold in a median of 14 days in May, while units sold in a median of 13 days. This compares to nine days for houses and eight days for units in February. REIWA President Suzanne Brown said the Perth property market had eased over the past two months. “The March...