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WEST AUSSIE DIVERSITY HONOURED AT NATIONAL DEVELOPMENT AWARDS
Three Western Australian entrants have won prestigious UDIA National Awards for Excellence overnight, across categories including seniors living, diversity and women in leadership. Presented in Brisbane on Wednesday night, the awards represent the ‘best of the best’ in the property industry across the nation. Senior’s Living Luxury Curtin Heritage Living’s Cottesloe redevelopment took home top…
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PERTH LOSES MOST AFFORDABLE CITY MANTLE
Perth new land prices increased 34% in 2024, officially ending the west coast’s reign as the most affordable capital city in Australia according to UDIA’s annual State of the Land Report released today. The new land price for Perth now sits at $329,000 with Adelaide now the most affordable capital with a median lot price…
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RATE REPRIEVE AND STAMP DUTY RELIEF SUPPORT HOMEBUYERS IN WA
An interest rate reprieve has been supplemented by a WA Labor commitment for Stamp Duty relief for first home buyers and those buying into multi residential projects, a move welcomed by the property industry today. “While mortgage holders will no doubt be happy with the decision today by the Reserve Bank to cut the official…
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BUILD TO RENT BOOST WILL KICKSTART MORE APARTMENT PROJECTS IN WA
The property industry supports the latest pre-election commitment by the Labor Government in relation to boosting housing supply – the proposed $75 million Build to Rent Kickstart Fund and increased Build to Rent land tax concession announced today. According to the Urban Development Institute of Australia (UDIA WA) these initiatives will help support the delivery…
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HOME OWNERSHIP A WELCOME PRIORITY FOR WA LABOR
The Urban Development Institute of Australia (UDIA WA) has welcomed today’s announcement that a re-elected WA Labor Government will roll out a major $210 million home ownership package. Centred around a new Shared Equity scheme for up to 1,000 new apartments and townhouses, the Government will take out a 35% equity share (or $250,000) in…
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LATEST FUNDING WELCOME CATALYST FOR MORE APARTMENTS IN WA
The Urban Development Institute of Australia (UDIA WA) has welcomed today’s announcement by the State Government, that several new apartment projects have been allocated funding under the Infrastructure Development Fund (IDF). “Financial feasibility has been one of the biggest barriers to getting many apartment projects ‘off the ground’ in recent years,” Ms Steinbeck said. “While…
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NEW INFRASTRUCTURE FUND TO BOOST HOUSING DELIVERY
The Urban Development Institute of Australia (UDIA WA) has welcomed today’s announcement by the State Government of a $400m Housing Enabling Infrastructure Fund (HEIF) to support the delivery of critical enabling infrastructure to unlock much needed housing supply. “Prioritising and planning for key infrastructure to unlock housing supply has been reactive and consequently too late…
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INFRASTRUCTURE PRIORITIES IDENTIFIED TO UNLOCK NEW HOUSING IN PERTH
The Urban Development Institute of Australia (UDIA WA) has released a new report that identifies critical infrastructure requirements across three key growth corridors in Perth, which if funded could unlock land to bring forward supply and ultimately facilitate the delivery of close to 90,000 new homes. The Growth Areas Infrastructure Requirements Report identified that an investment of…
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WA’S GROWING HOUSING DIVERSITY ON SHOW AT INDUSTRY AWARDS
At a gala event on Saturday night, the very best developments in WA were crowned at the Urban Development Institute of Australia (UDIA WA) 2024 Awards for Excellence. UDIA WA CEO Tanya Steinbeck said the quality of the award finalists and ultimate winners is testament to the dedication and hard work from an industry that…