City life is Gail's choice

When Gail Panopio was thinking about buying her first home - she went against the grain - and unlike her friends chose a CBD apartment rather than house and land in Baldivis or Ellenbrook. Already working in the City, Gail knew that it was this lifestyle she was after, but her decision still made her feel slightly nervous. "With the launch of Elizabeth Quay, Yagan Square, Raine Square and Optus Stadium, Perth had so much to offer," Gail said. "Having grown up in Rockingham, I didn't want to live on the outskirts and so a house and land package, like what my friends purchased, was just not my preference." Having moved into her apartment two months ago, Gail stated that she was loving the City

Tips when settling your apartment

There are many aspects about apartments that need to be considered before you formally settle on your new home and one of these is in fact your balcony. After speaking with a number of key specialists in the area, I have gleaned some great tips which we will include in the Apartment buyer education kit. But before then, here are some tips for consideration. When it comes to your balcony we recommend the following: Make sure that you step down onto your balcony from your apartment living area. If your balcony is on the same level as your apartment there could be issues with back flooding. Before you settle on your apartment you should request a flood test. This is when a large amount of wa

Perth apartment market shows consistent results

Analysis of 1915 apartment sales in the Perth CBD from January 2017 to March 2020, has shown that this property sector, unlike outer lying suburbs, is maintaining its resale values. The research, conducted by analysts PropertyESP, also discovered that 46% of the apartment sales were derived in East Perth and 28% in Perth CBD, with 690 sales settled in 2017, 662 in 2018 and 559 in 2019. Ms Reece Director of PropertyESP stated that 42% of the apartment sales were 2 bed/2bath and 21% - 1 bedroom. But the key identifying trait with the CBD properties was their ability to retain their values consistently over the three-year period, with 1 and 2 bed apartments also showing an uptick in median pri

Major reforms set to update WA’s strata laws

Significant reforms to WA’s strata laws will come into effect on May 1. One key change will allow strata owners to hold meetings remotely, rather than face-to-face and vote electronically, which is of particular benefit during current social distancing measures. There will be better by-laws, and the introduction of statutory duties for strata managers and council members. Other improvements will see strata buyers receive more upfront information about the property they are looking to buy, and strata disputes managed more efficiently and at less cost through the State Administrative Tribunal. There are more than 325,000 strata properties in the state across residential and commercial strata s

The Role of Council of Owners - join our webinar

Tonight our Director Samantha Reece connected with 130 apartment owners and Ali Qamar of Colliers International and Mark Atkinson of Atkinson Legal to talk through the common downfalls for Council of Owners and the new Strata Regulations. Click on the video below to hear more!

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