Australian Property Investor Perth property appears to be on the upswing, with sales rebounding, rental vacancies shrinking and investors eyeing potential returns as confidence continues to grow in the WA capital. As 2019 rolled into 2020, Perth property professionals were cautiously optimistic that the New Year would bring a long-awaited recovery in Western Australian real […]
Business News Perth achieved 3,322 new lot sales during the June 2020 quarter – the most land sales the Urban Development Institute of Australia WA has ever recorded for a quarter. The institute began its land market survey in 1990 and said it was the highest number of quarterly land sales on record. UDIA WA […]
New Homes – The West Australian While many homebuilders are looking at their own practices to lower their environmental footprint, many land developers are doing the same thing, designing their communities with environmental custodianship at the forefront. Urban Development Institute of Australia WA CEO Tanya Steinbeck said the industry had shown significant leadership in this […]
The West Australian government has hustled to introduce and pass reforms representing the state’s biggest-ever planning system overhaul, three years in the making and previously scheduled to take at least another two. The laws, introduced and passed in just five weeks, could see the time to get a big project off the ground reduced from […]
A top economist for the National Australia Bank says Western Australia is poised to survive the national property downturn better than most, but it will be hampered by a lack of jobs, border controls and historically low oil prices. NAB predicts the average Perth house price will drop 1.2 per cent for the year and […]
A slate of planning reforms announced by the state government in May have now passed both houses of parliament, after negotiations with minor parties led to notable changes in how the legislation defines ‘significant’ developments. Those reforms, intended to help stimulate the state’s economy post-COVID-19, included a series of reforms to the approval process, including […]
High-value development proposals will have access to a fast-tracked approval process after Parliament this afternoon rubber-stamped a sweeping overhaul of WA’s planning system. Under the red-tape busting reforms, for the next 18 months, any metropolitan development application valued at $20 million or more will be eligible for a streamlined decision-making process overseen by the WA […]
Opinion piece by UDIA WA CEO Tanya Steinbeck published in The West Australian Australians’ insatiable appetite for building a new home has been reinforced with more than 23,000 Australians registering their interest in the Federal Government’s HomeBuilder program. Land sales offices across Perth have been flooded with inquiries by those looking to take advantage of […]
PerthNow DENSITY without crowding, better public spaces with more outdoor dining and entertainment, and less reliance on cars as a mode of transport should be the focus of planners in the wake of COVID-19 according to city planner, Australian urban futurist and former Lord Mayor of the City of Adelaide, Stephen Yarwood. Speaking at a […]