Australian Property Investor Magazine Investors are heading west as Perth’s relative affordability, strong economic conditions and continued population growth fuel demand for housing across Western Australia’s capital. The latest figures from UDIA WA’s Urban Development Index show that lot sales increased by a massive 92 per cent over the last 12 months, with 2,440 lots […]
Domain Demand for housing is booming across Perth, with new figures from the Urban Development Institute of Australia in WA revealing a 92 per cent increase in the number of new land sales over the past 12 months. According to the institute’s Urban Development Index for the December quarter 2023, new land sales in the […]
The West Australian Despite a crisis of confidence in the building sector, the house-and-land package dream is being revived, with Perth recording its largest number of land sales in more than three years. The rise follows a period of poor sales, as buyers shied away from the troubled industry amid a raft of company collapses and tardy […]
The National Tribune The Cook Government has slashed even more red tape in a bid to increase Western Australia’s housing supply with a raft of initiatives to accelerate the installation of new power connections for residential subdivisions. These initiatives, which Western Power has formulated following extensive consultation with the land development industry, will include a […]
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 The pathways to access power supply on new residential subdivisions will be simplified by the state government, in a move designed to accelerate project delivery and shorten a growing waitlist. The changes announced today by Energy Minister Reece Whitby will give land developers multiple pathways to achieve pre-design conformance review clearance on subdivision projects. Developers […]
Business News More trees are expected to be saved in the state government’s upcoming urban greening strategy for the Perth and Peel regions, with the property industry backing the move. The government will develop the ‘Urban Greening Strategy’ to enhance tree canopy through measures including education and awareness, measurement and reporting, and grants. Today’s announcement […]
Business News ABN Group head Dale Alcock has slammed the federal government’s IR reforms, calling the changes “a load of s**t” while predicting the construction industry’s woes will remain. Federal Industrial Relations Minister Tony Burke’s second tranche of the Closing Loopholes legislation today passed the Senate, which will allow millions of employees to ignore work communications after hours and giving casual […]
The Property Tribune Housing choice is the key to accommodating the modern first home buyer, according to industry experts. There has been an evolution in the housing needs of this critical portion of the market, due to changing demographics, as well as economic circumstances that are making it harder to get a foot on the […]