The West Australian Developer appetite appears to be returning to the ailing apartment market, with plans for more than 1000 apartments in Perth projects seeking approval over the past three months. The projects to recently face the Inner Metro Joint Development Assessment Panel — analysed by The West Australian — indicate a big jump in […]
WA Today Perth will need to embrace apartment living, diversify its economy, be more aggressive in its pursuit of green energy and shed its “Wait Awhile” approach if it is to compete on the global stage, according to some of the city’s most prominent powerbrokers. The research found participants believed Perth would need to carve […]
Perth residential building approvals 10,000 lower than a decade ago when population was much smaller
The West Australian Perth’s “Everest-sized” housing crisis has been highlighted by new figures which show the number of residential building approvals last financial year was 10,000 lower than a decade ago. The latest Australian Bureau of Statistics data has revealed there were 14,796 residential building approvals in Perth during the 2023/2024 financial year compared to […]
The West Australian WA’s explosive population growth rivals that of the top-10 fastest-growing countries in the world for 2023, prompting calls for small-scale housing development to be turbocharged to meet demand. The latest ABS figures show the State’s population surged by 3.3 per cent in the year ending December 2023 — the fastest growth rate […]
The West Australian WA projects have dominated national urban development awards, with One Subiaco tower recognised as the nation’s best apartment high-rise and Witchcliffe ecovillage deemed the best overall project in the country. WA projects won four categories in the prestigious Urban Development Institute of Australia awards in Melbourne on Wednesday night. It is considered […]
ABC News Perth’s inner-city schools are bursting at the seams due to increasing enrolments and parents are angered the state government’s upgrades to the aging infrastructure aren’t doing enough to ease the problem. Put simply, the significant stress on aging school infrastructure is the unintended problem child of poor town planning. “There is a significant […]
The West Australian A second key forecaster has predicted a massive increase in Perth apartment prices in the near future, warning new unit developments may not stack up financially for more than a year. In more bad news for Perth’s chronic housing under-supply, the Urban Development Institute of Australia (WA) claims developers cannot currently sell […]
Business News Property industry groups have backed the state government’s raft of planning reforms, including the medium-density code policy, which was reworked after receiving mixed reviews. Planning Minister John Carey today announced the State Planning Policy 7.3 would take effect from March 1, to coincide with other planning reforms previously flagged by the government. The policy would […]
PerthNow Perth’s real estate market was defined by record-breaking moments in 2023. Amid strong buyer demand for established homes, listings took an unprecedented dive, the median house price soared to a new high and properties changed hands at a record-blistering pace. Additionally, the average rent reached a new peak. Now, arriving in 2024, what can […]