Business News The Amberton Coastal Precinct by Stockland was named overall winner at the latest instalment of the Urban Development Institute of Australia WA Awards for Excellence. The awards celebrate the state’s top 2020 development projects, from land estates to new apartments. To read the extensive article about the UDIA WA 2020 Awards for Excellence, click here.
Western Suburbs Weekly Perth land sales almost doubled in 2020, spurred on by government incentives. The Urban Development Institute of WA’s Urban Development Index recorded 10,035 new lots sales last year, compared to about 5200 in 2019. To read the article in full, which includes an overview of the key stats from the December edition […]
Business News The property industry hopes imminent planning reform will address the inefficiencies surrounding infrastructure initiatives funded by developer contributions. More than $230 million of developer-contributed funds for community infrastructure is sitting in local government-managed bank accounts waiting to be spent, according to a new report. The ‘Finding the Future: Improving the Governance of Developer-Funded Infrastructure’ […]
Domain.com.au Perth house prices are on track to rise faster than any other Australian capital city in 2021, thanks to a strong economy, a tight rental market and the state’s response to COVID-19, according to property experts. Urban Development Institute of WA chief executive Tanya Steinbeck said Perth’s extremely tight rental market due to a […]
Western Suburbs Weekly The Urban Development Institute of WA’s election wishlist has a three-pronged approach, focusing on economy, environment and liveability. The plan for the economy includes leveraging infrastructure, strategic population growth, cutting red tape and reforming property taxes such as the off-the-plan stamp duty rebate, stamp duty, facilitating more build-to-rent schemes and placing a […]
The West Australian, Real Estate As with most things in 2020, it has been an unusual year for property in Perth. However, despite the doom and gloom, Perth’s housing market has bounced back strong from a COVID-19-induced cloud at the start of the year. Record-low rental vacancies, record land sales, price rises and homes selling […]
The West Australian, Real Estate Researchers at Murdoch University released a study earlier this year highlighting how green inner-city infrastructure, such as parks, could improve public health and increase longevity. The article, published in international journal Land, found connecting people with nature could reduce anxiety, stress, depression, obesity and could improve cardiovascular health. To read […]
Business News Tax reform and a strategy to address the residential rental crisis are among the key initiatives the Urban Development Institute of Australia WA is canvassing the state government to consider as part of its election commitment. The UDIA WA launched its state election campaign at an industry luncheon held today, in front of more than […]
Australian Property Investor Incentives for property investors are looming as a hot election topic in Western Australia, with both sides of government being urged to develop new initiatives to address a looming rental crisis in the state. WA is heading to a state election in March, with incumbent Premier Mark McGowan fending off a challenge […]