Business News Western Australia’s civil contractors are feeling the pinch of the government stimulus measures that prompted a surge of new house-and-land sales, with industry calling for timeframe extensions. Few predicted the spike in demand that followed the state and federal governments’ housing packages, released in June. More than 3,320 new lots were sold during […]
The West Australian WA’s top eight builders and land developers have met with the State Government to demand an extension to the building grants program, calling for the deadline to be pushed back by six months. The Housing Industry Association and the Urban Development Institute want grants made available to those who start construction within […]
Australian Property Investor Perth’s inner suburbs have predictably been revealed as the most desirable locations for apartment buyers, with a new survey also uncovering the locations where people would most like to build a new home or buy an established house. The latest edition of the Urbis/Urban Development Institute of Australia Home Purchaser Sentiment Survey showed near-city […]
Realestate.com.au Land sales in Perth have surged to a record high as new home buyers take up government subsidies designed to keep the construction industry afloat during the coronavirus crisis. New statistics compiled by the Urban Development Institute of Australia Western Australia show a 30-year record was set with the highest ever number of blocks […]
Australian Property Investor The federal government’s $688 million HomeBuilder initiative has stopped a decline in new home sales across Australia, with improving market confidence flowing into new builds. Data from the Australian Bureau of Statistics showed COVID-19 initially caused a plunge in new home construction in all states, but that fall was now being cushioned […]
The West Australian WA’s returning sons and daughters are helping to stabilise Perth’s housing market, with the flood of people returning to the safety of WA helping to quell fears of a property plunge. A survey by the Urban Development Institute of Australia shows most locals (57 per cent) expect house prices to increase in […]
West Real Estate Sales activity in the Perth metropolitan region increased in July, with REIWA data showing volumes were up 68 per cent compared to the COVID-19 low in April across both dwellings and land sales. Land saw a 121 per cent increase in sales compared to April, while houses and units enjoyed a 58 […]
PerthNow BUYERS looking to build a new home flocked to the City of Swan for land in the June quarter 2020, with Vale, Ellenbrook and Brabham the top three areas for sales activity. The region saw the highest number of sales for any local government area, with just over 1000 lots sold during the three […]
WAToday Land sales in Perth have boomed as buyers snap up new lots before government subsidies rolled out during the COVID-19 pandemic end in December. But it also means Perth’s urban sprawl is set to continue, with the mortgage belt suburbs in the fringes of the metropolitan area topping the list as the hottest postcodes […]