The West Australian Demand for new blocks of land remains strong despite the scaling back of housing grants, with a 35 per cent increase in new land sales for the September quarter. And prices are finally reflecting the extra demand, with a 5 per cent increase in value over the September quarter, taking the annual […]
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Business News Industry leaders are forecasting a return to equilibrium for WA, as population growth continues and the pipeline of supply gets built out. Speaking at an Urban Development Institute of Australia WA event today, Real Estate Institute of WA chief executive Cath Hart said Western Australians were more equipped to weather interest rate spikes than other states. “WA […]
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The West Australian Perth property is set for a drastic price hit because of constraints preventing the construction of 150,000 to 200,000 homes, according to the peak development body. The Urban Development Institute of Australia (WA) has revealed 24 per cent of all land zoned for development, and 18 per cent of land set aside for future […]
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