The West Australian Thousands of hectares of land in Perth have been “sterilised” by environmental and infrastructure constraints, preventing the delivery of 60,000 homes, according to a new report. The National Housing Pipeline Report, released by UDIA on Tuesday, shows 22 per cent of undeveloped residential land or land zoned for future residential use is […]
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FOR PEOPLE LIKE ME THAT LOVE STATISTICS, THE AUSTRALIAN BUREAU OF STATISTICS (ABS) DATA IS FASCINATING BUT NOT NECESSARILY FUN. ALL OF THAT CHANGED WITH THE RELEASE OF THE “RUN THAT TOWN” APP. The “Run that Town” app is a strategy game, a bit like Sim City, but using real data from any town in […]
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RE-SELLING OF VACANT LAND BECAME A KEY FEATURE OF THE MARKET DURING THE PERIOD OF STRONG PRICE GROWTH IN 2003 TO 2006, BUT SINCE THIS TIME THE RETURN ON SPECULATIVE LAND PURCHASES HAS CONSIDERABLY DECLINED. Land speculation is a risky investment but when the Perth residential land market was experiencing strong demand and price growth […]
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