The West Australian The rise of quality infill was evident at the annual excellence awards for the Urban Development Institute of Australia. The weekend awards showed more than half of the awards — eight of the 13 project categories — were won by projects delivered in existing areas. Outstanding infill projects were recognised in the […]
Australian Property Investor Magazine While the Perth apartment market has moderated in recent years, the demand for apartment living is still growing as young couples, downsizers, and interstate and overseas migrants look for appropriate accommodation. The interest in the high-density market in Perth is from both owner-occupiers and investors looking to enter the tightly constrained […]
The West Australian WA’s peak property development body has called for the State Government to permanently adopt its duty rebate scheme for off-the-plan apartment buyers, warning WA’s housing crisis will only worsen if the scheme ends in October next year as planned. In a letter sent to Premier Mark McGowan on Friday, Urban Development Institute […]
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 […]
Australian Property Investor Magazine As one of the most affordable capital cities in the country and one of the few still recording price growth, investment opportunities are arising in Perth, with a focus on one particular market segment. Conditions are ripe for investment in the Perth property market, which still holds the mantle of one […]
6PR New statistics released today show new land sales have fallen 17 per cent, since the March quarter this year. CEO of Urban Development Institute of Australia WA, Tanya Steinbeck told 6pr Radio she’s not surprised by the data amidst the labour and material shortages the industry is battling. For the full piece including radio […]
Business News New residential land sales have dropped by 17 per cent in the last quarter and by 4.6 per cent in the financial year, figures from the Urban Development Institute of Australia show. The UDIA’s latest survey of land developers showed 1,565 new lots were sold in the June 2022 quarter across the Perth […]
The West Australian The chronic skills shortage has tipped over into the land market, with a drop in sales as people shy away from building their homes. New data from the Urban Development Institute of Australia (WA) shows land sales continued to decline in the June 2022 quarter, with a 17 per cent drop compared […]
WAToday Perth Lord Mayor Basil Zempilas is pushing for ideas to nearly double the inner-city’s population to 55,000 people over the next 14 years in the face of high building costs and a stalled pipeline of high-rise residential development. Zempilas is seeking the backing of the broader council to task the local government’s administration with […]