GMAC Realty

Australia’s housing market recorded outstanding capital growth over 2021, with the estimated value of residential real estate now $9.4 trillion; a new record high.

In the 12 months to 30 November, property values surged by 22.2% nationally, the largest annual increase since 1989. The synchronised upswing saw almost every capital city and rest of state region reach record high values, with the exceptions of WA and NT.

Today, CoreLogic released their annual Best of the Best report; the most comprehensive overview of top-performing residential markets. So which suburbs were the country’s top performers? And what’s on the horizon for 2022? Find out exclusively in our Best of the Best 2021 report.

REIWA and its agents are once again proud to be throwing support behind The Salvation Army’s Annual Christmas Appeal and are urging all West Australians to donate to this worthy cause.

The festive season is meant to be a joyous time, however for some families, it can be extremely difficult with all the added pressures the cost of Christmas brings.

REIWA CEO Neville Pozzi said with more than 14,000 West Aussies expected to turn to the Salvos for assistance, this holiday season was a better time than any to dig deep and help those who need it most.

“It’s been a challenging two years to say the least, which is why we are strongly encouraging all West Australians to get behind the great work the Salvos do on a daily basis to help those who are most vulnerable in our community,” Mr Pozzi said.

The Salvation Army Public Relations Secretary Warren Palmer said this year, the Salvos anticipate the needs of West Aussies at Christmas will reach a new peak under the pressure of the pandemic.

“Increased isolation, financial stress and mental health impacts of COVID-19 this year will continue to exacerbate other pre-existing issues. The Salvos want to leave no one in need this Christmas, and we need the generosity of the community to once again partner with us in support of locals doing it really tough.

“Christmas offers us a time to reflect and connect with one another and celebrate the joy of community. This connection will be more important than ever this year, so we encourage us all to look out for each other, check in on family and embrace the true meaning of Christmas,” Mr Palmer said.

How to donate
Mr Pozzi said the Christmas Appeal will be accepting physical donations this year after going online in 2020 due to the COVID-19 pandemic, but online donations are always welcome.

“From 15 November to 13 December, I encourage you to visit one of the 43 real estate agency collection points across Perth, and regionally, to donate unwrapped gifts or non-perishable food items, and meet the REIWA agents who are committed to bringing Christmas joy to those in need.

“As we have seen in the eight years of partnering with the Salvos’ for this initiative, a little generosity can go a long way in bringing joy to these families at Christmas time,” Mr Pozzi said.

More information
To find out more about REIWA’s partnership with The Salvation Army and the REIWA agents who support it directly, visit reiwa.com’s In the Community page.