Renters seek more

The WA Apartment survey – the first of its kind in WA – recently interviewed 113 renters who have shown that while apartments are their preference, they are seeking more in terms of amenities and space. The survey showed that 39% moved from a house into an apartment and went from 2-3 bedrooms to 1-2 bedrooms. However when asked what they would choose next, while 73% said they would consider an apartment, their preferences were clearly for 2-3 bedrooms. This linked to the fact that 20% were using a bedroom as a study/home office. Convenience was also a major driver when choosing an apartment, with 91% of the renters in walking distance to public transport, 90% to cafes, 86% to a grocery shop

Demand for apartments in Nedlands, Applecross and Victoria Park

The West Australian Apartment Advocacy (WAAA) has just released the results of its inaugural online survey that interviewed 359 respondents. Comprising of responses from 155 owner/occupiers, 113 renters and 88 investors, the survey explored a whole range of ideas with people who have chosen to live and own apartments in WA. Samantha Reece Director of WAAA stated that interestingly 26% of the respondents wanted to live in apartments in areas where that choice was simply not available. “The top suburbs that respondents nominated were Nedlands, Applecross and Victoria Park,” Ms Reece said. “People were looking for the right mix of apartments in the right location with the right amenity. “That m

Survey results show apartment investment confidence

Survey results released today by the WAAA has shown that 67% of investors believed their apartment would increase in value within 5 years and 98% believed that in ten years their property value would have increased. The WA Apartment Advocacy released the overall results of its first WA survey today to a packed UDIA audience. The survey which was held for the months of January and February 2017 achieved 359 responses, of which 88 were investors. The investors tended to own properties in Cockburn Central, CBD, East Perth and South Perth but also covered territory from Alkimos to Bunbury. “These investors were looking for very similar things to owner occupiers and they chose an apartment over

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