A SUMMARY FROM THE INSTITUTE’S LATEST ECONOMIC AND RESIDENTIAL PROPERTY MARKET REPORT The last few months have seen a significant shift in housing market media attention with a surge in auction activity and signs of strong price rises in Sydney putting house price discussions – at a national level – back to the front pages. […]
THE DWELLING CONSTRUCTION PIPELINE IN WESTERN AUSTRALIA RECEIVED A FURTHER BOOST, WITH THE SEPTEMBER QUARTER RECORDING THE HIGHEST NUMBER OF DWELLING CONSTRUCTION APPROVALS SINCE 1988. Figures published by the Australian Bureau of Statistics today showed that dwelling approvals – a leading indicator of dwelling construction – in WA increased 6.3 per cent over the three […]
UNCERTAIN DEVELOPMENT PROCESSES HAVE A MEASURABLE EFFECT ON DEVELOPMENT OUTCOMES. THIS ARTICLE DETAILS ONE EXAMPLE OF SUCH UNCERTAIN PROCESSES. We are often contacted by readers of this column and the recent five page letter outlining the eighteen year history of a rezoning application is a story worth telling. The story starts back in 1994 when […]
AT A RECENT UDIA BREAKFAST, STUART DEVENISH, TECHNICAL DIRECTOR TOWN PLANNING AT RPS OUTLINED HIS IDEAS ON HOW WE CAN IMPROVE THE URBAN DEVELOPMENT PROCESS IN WA. Stuart believes that there has to be a better way to bring land and housing to the market. Over decades our planning processes have evolved in response to […]
STRONG POPULATION GROWTH, DECLINING MORTGAGE COSTS AND HEALTHIER PROPERTY MARKET ACTIVITY ARE DRIVING A CYCLICAL UPSWING IN DWELLING CONSTRUCTION, WHICH IS MOST PREVALENT IN PERTH. Perth is leading the dwelling construction recovery in Australia. During the first seven months of 2013, an average of 1,755 dwellings were approved for construction – a 34.3 per cent […]
PERTH’S POPULATION HAS INCREASED SUBSTANTIALLY IN RECENT YEARS AND THIS ARTICLE TAKES A LOOK AT WHICH AREAS HAVE GROWN FASTER THAN OTHERS. Prior to 1900 Perth was a small town which grew only with the WA gold rush, when the discovery of gold near Kalgoorlie attracted a rush of eager migrants keen to make their […]
AS WE HEAD INTO SPRING AND HOPEFULLY THE RAIN STARTS TO EASE OFF, IT IS TIME TO HAVE A CLOSE LOOK AT WHAT IS GOING ON IN THE LAND MARKET Whilst Perth developer land sales down 6 per cent in June quarter they remain 44 percent above ten-year average. This has driven down the level […]
THE OUTSTANDING URBAN FORM AND THE THOROUGH APPLICATION OF ENVIRONMENTAL, ECONOMIC AND COMMUNITY SUSTAINABILITY PRINCIPLES MADE ST BARTHOLOMEW’S LIME STREET PROJECT A STANDOUT IN WHAT WAS A VERY STRONG FIELD IN 2013 The UDIA President’s Award is the most prestigious in the UDIA Awards for Excellence. This year’s winner, which also picked up the Sustainable […]