The second Phase of amendments to WA’s Residential Tenancies Act came into effect on 29 July 2024. It follows the introduction of the first Phase earlier in 2024. This Phase saw legal provisions instituted that enabled tenants who believed their landlord had engaged in retaliatory action against them for exercising their rights to “seek remedy…
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When looking for an appropriate investment property to add to your portfolio, it’s tempting to focus on financial metrics like rental yield or capital growth potential. What’s sometimes overlooked though is a property’s capacity to attract great tenants. This is a crucial consideration because great tenants are more likely to look after your rental property…
The Perth property market has been in the news a fair bit over the last few months. A cost of living crisis that’s hitting particularly hard in the eastern states is prompting many to consider a sea change while Perth’s booming property market, combined with its rental crisis, has encouraged investors interstate and abroad to…
In April, the WA Parliament passed the Residential Tenancies Amendment Bill 2024. This represented a significant step in bringing the amendments, first proposed in May 2023 by the then-McGown government, into effect. Addressing the bill’s progression, REIWA CEO Cath Hart clarified that the changes were yet to come into effect but were expected to be…
Rental prices have been receiving a lot of media coverage, with historically low vacancy rates driving competition between prospective renters and delivering strong rental yields for investors. Nevertheless, increasing your tenant’s rent can be a nuanced and sensitive matter, especially when you value the relationship you have with them. In this blog, we provide guidance…
