The West Australian Perth has officially ended its reign as the cheapest place for land in the country, with the median lot price jumping by more than a third last year. New data from the Urban Development Institute shows Perth’s new land prices soared 34 per cent over 2024 to $329,000. Despite the big spike, […]
Financial Review The supply of housing could substantially miss the national target of 1.2 million new homes over five years by one third or even more as builders and developers grapple with high construction costs and a sluggish planning system, according to industry analyses. Based on forecasts by industry lobby group the Urban Development Institute […]
The West Australian Opinion Editorial by Tanya Steinbeck, UDIA WA CEO Capability, confidence and courage. These are the key traits as a State we need to embrace as we look towards a diversified future economy supported by an innovative building and development sector. At UDIA WA’s State Conference last week, our Chief Scientist Peter Klinken […]
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 […]
Business News Hesperia and Heidelberg Materials are progressing a proposal to unlock land for residential development in Ellenbrook, as the state government continues to roll out its $80 million infrastructure fund. Premier Roger Cook today announced the government would support the delivery of more than 5,500 new homes, via its infrastructure development fund and market […]
Business News Replacing car parks with trees, covering buildings with foliage and converting median strips into green spaces and are just some of the initiatives Danish authorities are implementing. The European country is emphasising the proliferation of green spaces in Copenhagen as part of its push to become the world’s first carbon neutral city. Speaking […]
WA Today The price tag for Western Australia’s new container port has jumped by more than $2.5 billion. After two-and-a-half years of planning the Westport business case has been handed to the government revealing a cost of $7.2 billion in today’s dollars compared to the $4.7 billion the project was originally slated to cost in […]
ABC Australia doesn’t have enough houses. But there’s a hidden capacity in the market which, in theory, could help solve that problem. Accessing it isn’t easy though — and understanding why raises difficult questions about how to ease the current crisis, and how a similar dilemma might be avoided in the future. Because it’s locked […]
The West Australian Building mogul Dale Alcock says the industry needs a freeze on red tape and a big inflow of workers to fight the housing crisis. The Federal Government wants 1.2 million properties finished within five years but the boss of Australia’s second biggest home builder has warned growing regulation is adding to construction […]