WITH THE LIBERAL NATIONAL GOVERNMENT RECEIVING A VOTE OF ENCOURAGEMENT IN WA ON THE WEEKEND, THE TIME HAS COME TO GET SERIOUS ABOUT IMPROVING THE INTEGRATION OF PLANNING BETWEEN STATE GOVERNMENT AGENCIES AND BETWEEN LAYERS OF GOVERNMENT The recent announcement of a comprehensive review of state development laws in South Australia prompted comments by State […]
WE ARE NEAR ON TWO YEARS INTO PERTH’S EIGHTH PROPERTY CIRCLE IN THE LAST 35 YEARS. EACH HAS BEEN UNIQUE, DRIVEN BY A DIFFERENT COMBINATION OF LOCAL, DOMESTIC AND GLOBAL EVENTS. ‘In this world nothing can be said to be certain, except death and taxes.’ But maybe we should add property cycles to Benjamin Franklin’s […]
PERTH HAS CHANGED DRAMATICALLY SINCE THE TURN OF THE CENTURY AND ONE OF THE MOST NOTICEABLE CHANGES IS THE PERTH SKYLINE. Apartments in Perth were the fastest growing dwelling type over the last decade, growing three times faster than detached houses. According to the latest Census figures, the number of occupied private apartments increased 66 […]
THE CHALLENGE FOR GOVERNMENT AND INDUSTRY IN PROVIDING WELL-DESIGNED, ACTIVE OPEN SPACES WILL LIKELY WORSEN AS FINITE LAND SUPPLY CONSTRAINTS BECOME MORE PRONOUNCED. The Department of Sport and Recreation recently released a report on the provision of active playing reserves in Perth- Peel. The study mapped 139 suburbs and looked at the various uses for […]
THE BALANCE OF RISK HAS CHANGED. ESTABLISHED HOME OWNERS IN PERTH ARE WAITING FOR PRICES TO RISE AND BUYERS ARE RACING TO GET IN THE MARKET OUT OF FEAR OF MISSING OUT. THIS HAS A PROFOUND EFFECT ON THE NEW DWELLING MARKET. The Perth property market continues to gather momentum after reaching a trough in […]
IT WAS RECOGNISED A FEW YEARS AGO THAT MANY BUYERS STRUGGLED WITH THE LEVEL OF “GREEN WASH” IN THE INDUSTRY AND NEEDED SOME CLARITY ABOUT THE VALIDITY OF SOME OF THE CLAIMS BEING MADE. THE INSTITUTE INTRODUCED A NATIONAL PROGRAM OF VOLUNTARY CERTIFICATION, ENVIRODEVELOPMENT, TO ASSIST BUYERS. EnvirDevelopment aims to recognise the top ten percent […]
HOUSING AFFORDABILITY PRESSURES HAVE BEEN A SIGNIFICANT DRIVER OF THE TREND TOWARDS SMALLER BLOCKS IN PERTH. WHETHER THIS TREND TOWARDS SMALLER LOTS WILL BE AS SIGNIFICANT OVER THE NEXT FIVE YEARS AS THE PREVIOUS FIVE WILL LARGELY DEPEND ON IF GOVERNMENT AND INDUSTRY WORK TOGETHER TO PROVIDE INNOVATE, WELL DESIGNED HOUSING SOLUTIONS. A tenth of […]
ONE OF THE THINGS THAT UDIA MONITORS IS LAND AVAILABILITY. THIS MAY SEEM LIKE A SIMPLE AND LOGICAL THING TO DO BUT IT IS A LOT HARDER THAN IT LOOKS. Firstly, even the definition of land supply can change depending upon your interests. Government look at supply in relation to the total land available for […]
DEFINING HOUSING AFFORDABILITY HAS CREATED A CHALLENGE FOR ACADEMICS, INDUSTRY AND GOVERNMENT OVER MANY YEARS WHILE RANKING THE AFFORDABILITY OF CITIES IS EVEN MORE CHALLENGING WITH OVER SIMPLIFICATION BEING THE MAJOR ISSUE. Measures such as dividing median house price by median income to provide comparison gives an indicator of housing affordability but it is only […]