NEWS AND RESEARCH
Update on response to COVID-19 – 26 June 2020
As WA starts to return to more normal levels of living and working, we would like to inform you that PVA(WA) staff have now returned to working in the office, and continue to operate ‘business as usual’.
We look forward to hearing from you should you wish to assess the value of your property. READ MORE
We look forward to hearing from you should you wish to assess the value of your property. READ MORE
Market Overview – Perth CBD Office Snapshot – February 2020
The Perth CBD market is showing signs of continuing recovery, particularly in prime grade buildings, with falling vacancy rates and positive demand.Property Valuations & Advisory (WA) is an independent provider of quality valuation and advisory services. READ MORE
Market Overview – Some Areas of Interest for the Property Market
January is always a slow business month as people drift back to work after the long school holiday period. So, as we enter February, a belated Happy New Year to everyone. We would like to share with you some areas of interest for the property market this year. READ MORE
Market Overview – West Perth Office Snapshot – August 2019
In contrast to the Perth CBD, West Perth has yet to respond to changes in the economy. Its office market is characterised by static supply, falling demand and an increasing vacancy rate. READ MORE
Market Overview – Perth CBD Office Snapshot – August 2019
The Perth CBD market is showing signs of continuing, but slow, recovery, with falling vacancy rates and positive demand. It is generally expected that incentives will start to fall but will remain higher than average while vacancy rates remain high which should have the effect of increasing effective rents. READ MORE
Market Overview – Western Australia Tourism
Western Australia has faced particular challenges in the tourism and tourism accommodation sectors since the downturn in its economy in response to a softening in the resources sector. However, the latest data to be published by Tourism WA shows encouraging signs for the tourism sector, particularly in the domestic market. READ MORE
Market Overview – Perth Residential Apartment
The Perth inner city and near city suburbs apartment markets have been transformed over the last decade with significant levels of new supply adding to dwelling stock. There is now a growing acceptance of apartment living in the community. READ MORE
Market Overview – Perth CBD Office Market – February 2019
After a difficult few years, the Perth CBD market is showing signs of recovery, with falling vacancy rates and positive demand. With very little new stock in the pipeline over the next few years it is anticipated that vacancy rates will fall further and that effective rents will start to increase. READ MORE
Market Overview – Perth Office Market – July 2018
Perth’s CBD office market is showing signs of recovery after more than five years of economic downturn and large increases in supply resulting in high office vacancy rates, high incentives and a drop of more than 50% in effective rents. READ MORE
Sales Analysis – 45 St Georges Terrace, Perth, WA
The property comprises a ten-storey office building with two basement levels, constructed in 1972 as the headquarters of the Reserve Bank of Australia. It was extensively refurbished in 1995, and has had subsequent upgrades to lobbies and infrastructure. READ MORE
Market Overview – Perth Residential Market
While the housing market remains subdued, there are some glimmers of light in the broader economy, and also signs of improvements in the rental market. Sentiment in the residential property market has improved, but is still negative. READ MORE
Sales Analysis -7 Ashby Close, Forrestfield, WA
7 Ashby Close is an industrial property situated on the corner of Ashby Close and Berkshire Road in the suburb of Forrestfield. The property is leased to ASCO Transport & Logistics, part of the ASCO Group, who provide support to the oil and gas industry. Property Valuation & Advisory (WA) is pleased to share with you the details of its analysis of the sale of this property in April 2018. READ MORE
Update on response to COVID-19 – 26 June 2020
As WA starts to return to more normal levels of living and working, we would like to inform you that PVA(WA) staff have now returned to working in the office, and continue to operate ‘business as usual’.
We look forward to hearing from you should you wish to assess the value of your property. READ MORE
We look forward to hearing from you should you wish to assess the value of your property. READ MORE
Market Overview – Perth CBD Office Snapshot – February 2020
The Perth CBD market is showing signs of continuing recovery, particularly in prime grade buildings, with falling vacancy rates and positive demand.Property Valuations & Advisory (WA) is an independent provider of quality valuation and advisory services. READ MORE
Market Overview – Some Areas of Interest for the Property Market
January is always a slow business month as people drift back to work after the long school holiday period. So, as we enter February, a belated Happy New Year to everyone. We would like to share with you some areas of interest for the property market this year. READ MORE
Market Overview – West Perth Office Snapshot – August 2019
In contrast to the Perth CBD, West Perth has yet to respond to changes in the economy. Its office market is characterised by static supply, falling demand and an increasing vacancy rate. READ MORE
Market Overview – Perth CBD Office Snapshot – August 2019
The Perth CBD market is showing signs of continuing, but slow, recovery, with falling vacancy rates and positive demand. It is generally expected that incentives will start to fall but will remain higher than average while vacancy rates remain high which should have the effect of increasing effective rents. READ MORE
Market Overview – Western Australia Tourism
Western Australia has faced particular challenges in the tourism and tourism accommodation sectors since the downturn in its economy in response to a softening in the resources sector. However, the latest data to be published by Tourism WA shows encouraging signs for the tourism sector, particularly in the domestic market. READ MORE
Market Overview – Perth Residential Apartment
The Perth inner city and near city suburbs apartment markets have been transformed over the last decade with significant levels of new supply adding to dwelling stock. There is now a growing acceptance of apartment living in the community. READ MORE
Market Overview – Perth CBD Office Market – February 2019
After a difficult few years, the Perth CBD market is showing signs of recovery, with falling vacancy rates and positive demand. With very little new stock in the pipeline over the next few years it is anticipated that vacancy rates will fall further and that effective rents will start to increase. READ MORE
Market Overview – Perth Office Market – July 2018
Perth’s CBD office market is showing signs of recovery after more than five years of economic downturn and large increases in supply resulting in high office vacancy rates, high incentives and a drop of more than 50% in effective rents. READ MORE
Sales Analysis – 45 St Georges Terrace, Perth, WA
The property comprises a ten-storey office building with two basement levels, constructed in 1972 as the headquarters of the Reserve Bank of Australia. It was extensively refurbished in 1995, and has had subsequent upgrades to lobbies and infrastructure. READ MORE
Market Overview – Perth Residential Market
While the housing market remains subdued, there are some glimmers of light in the broader economy, and also signs of improvements in the rental market. Sentiment in the residential property market has improved, but is still negative. READ MORE
Sales Analysis -7 Ashby Close, Forrestfield, WA
7 Ashby Close is an industrial property situated on the corner of Ashby Close and Berkshire Road in the suburb of Forrestfield. The property is leased to ASCO Transport & Logistics, part of the ASCO Group, who provide support to the oil and gas industry. Property Valuation & Advisory (WA) is pleased to share with you the details of its analysis of the sale of this property in April 2018. READ MORE
