News

With a chronic shortage of housing, and rising house prices, the Australian property market is no place for the faint-hearted - and if you’re a budding first homebuyer, it can be downright soul-destroying. One of the most hotly debated aspects of housing policy is...

Thousands of homebuyers in Western Australia are choosing ‘off-the-plan’ property purchases that can provide financial, practical, and life-style related advantages. (But before you get too excited, you’ll need to tread carefully). Let’s start with a quick definition;...

Are you in the process of buying or selling a property? If so, then you’ll need to organise a property settlement. Given the amount of money involved can be in excess of $1,000,000, it’s vital to do your homework on the professional assistance that’s right for...

I wish we had a dollar for every time we’ve heard this question asked over the decades. No doubt there are people who are sitting back waiting for what they think is the perfect time to buy a property. So they’re looking at interest rates (are they going up or down?)....

Like any profession, there are particular terms and phrases that are commonly used. It’s the same in the conveyancing industry - and we realise it can be confusing. Typically, the only time you’ll need to get your head around industry terms in conveyancing is when...

Recently, the Reserve Bank of Australia (RBA) announced that the official cash rate has been cut by 25 basis points to 3.60%. (and most experts believe interest rates will drop further in coming months). Importantly, the latest cut has eased the pressure for tens of...

Since the introduction of electronic conveyancing in Western Australia in 2015, ID checks for property settlements in WA are now far more rigorous - and this can only be a good thing.The standard 100-point check is gone. It was too easy for criminals to obtain utility...

With the costs of buying property in WA going up and up, it’s been a tough time for first homebuyers. Again, to all first homebuyers who have managed to scrimp and save to get intothe property market in the last few months, congratulations to you. In fact, depending...

In 2023, Australians lost $2.74 billion to scammers. This is an extraordinary amount of money. Yet, believe it or not, it’s actually a decrease of 13% from the previous year when scammers stole $3.1 billion from hardworking Australians. Scammers are opportunists who...

The cost of property in Australia is going up and up. Last week, the Australian Bureau of Statistics revealed the average dwelling in the country is now valued at $1,002,500 - not the sort of news budding first home buyers want to hear. It’s the first time the average...

In a highly regulated country like Australia, there is no choice but to try and navigate the exacting demands of local, state and Federal governments. (and often that means having the right paperwork). For example, you’ll need the right paperwork to apply for an...

Congratulations. Your offer to purchase a property that ticks all the boxes has been accepted. (that’s the good news). Now for some bad news; there are all sorts of costs associated with the purchase of a home or an investment property. For example, on top of the...

Today’s announcement by the Reserve Bank of Australia (RBA) to cut the official cash rate by 0.25 to 3.85% seems to have caught almost no one by surprise. Yesterday, 96% of economic forecasters in Australia predicted Reserve Bank Governor Michelle Bullock to announce...

A useful guide for working out how our local market is trending is to look at the average selling time of properties over a period of time. For example, based on the latest REIWA data, the median selling days for property in the Greater Perth Region is 13 days in May...

You’ll often hear the expression, “It’s a buyer’s market.” Or the opposite, “It’s a seller’s market.” But what do these terms actually mean, and for impending homebuyers or sellers, does it even matter? Let’s start with a few simple definitions; A buyer's market in...

Mandurah leads the charge for property price growth February has been another solid month for property price growth across the Greater Perth Region. Based on the latest data from the Real Estate Institute of WA (REIWA) Perth’s median house price rose 1.0% in February...

There is no doubt that buying property is exciting, but it's also one of the most significant financial commitments you're likely to make in your lifetime, and it brings a certain amount of risk. A simple insurance policy, Title insurance could protect you from...

The process of finalising a property sale is called settlement. It’s where the purchaser pays the remaining sale price (minus your deposit) and becomes the property’s legal owner. Typically, in WA, you will decide your settlement date when you make your offer. The...

Western Australia's largest regional city, the City of Mandurah, covers 173.5km. It's home to more than 88,000 people, with an average increase of 1500 new residents each year over the past five years. Located less than an hour south of Perth CBD, the coastal suburb...

We are so lucky here in Western Australia to be blessed with endless places to call home. From the rugged natural beauty of Margaret River to the fast-paced urban environment of Perth CBD, it can be challenging to decide where to live. Urban life is quite different...

There is no doubt that Perth is one of Australia's most beautiful cities. Perched on Western Australia's incredible coast gives access to outstanding stretches of untouched beach to the west and the natural beauty of the rolling hills to the east. Now considered one...

Coping with the loss of a loved one is challenging, and grief is often overwhelming. Those named executors or administrators of a loved one's estate, responsible for the sale or disposal of their property, might need some extra help. C&R Settlements understand how...

If you’re going through a divorce, what happens to the marital home can be a major concern. Separating from your partner is stressful enough, without the added burden of knowing what to do about separation of property. There are several of options available to...

With the property market in Perth showing more movement than it has in years, many people are taking advantage and upsizing, downsizing, and relocating to new suburbs. Buying a new property is one of the most significant financial commitments you’re likely to make in...