First-home buyers driving WA market recovery

First-home patrons are driving the housing market restoration in Western Australia, with WA authorities information displaying a near-record $6 million in Residence Consumers Affiliation Account (HBAA) grants paid final monetary yr.

Damian Collins, president of the Actual Property Institute of Australia, mentioned the WA authorities had helped greater than 3,000 West Australians purchase their first residence through the 2020-2021 monetary yr.

“The dream of homeownership is alive and nicely in WA,” Collins mentioned. “Whereas in lots of elements of Australia – significantly the east coast – first-home patrons are being priced out of the market, WA is probably the most inexpensive place within the nation to purchase your first residence.”

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *