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 […]
ENERGY EFFICIENCY MEASURES COMBINED WITH SOLAR PANELS MAY REDUCE THE AMOUNT OF INFRASTRUCTURE REQUIRED FOR PEAK LOADS. The use of photovoltaic (PV) systems, otherwise known as solar panels, is growing rapidly with 93,914 systems connected to the Western Power electricity grid. As of September 2011 Mandurah had installed the most systems (3507) followed by Canningvale […]
RESIDENTIAL LAND SALES IN PERTH REACHED ITS HIGHEST LEVEL SINCE THE PEAK OF NEW DWELLING DEMAND IN EARLY 2006 The largest developers in Perth recorded a 23.4 per cent rise in land sales over the December quarter and 77 per cent more sales over the year. Urban Development Institute of Australia (WA Division) CEO Debra […]
RE-SELLING OF VACANT LAND BECAME A KEY FEATURE OF THE MARKET DURING THE PERIOD OF STRONG PRICE GROWTH IN 2003 TO 2006, BUT SINCE THIS TIME THE RETURN ON SPECULATIVE LAND PURCHASES HAS CONSIDERABLY DECLINED. Land speculation is a risky investment but when the Perth residential land market was experiencing strong demand and price growth […]
THE RENTAL SQUEEZE AND THE PREDICTION BY THE ANZ THAT WESTERN AUSTRALIA WILL BE SHORT 90,000 DWELLINGS BY MID THIS DECADE MEANS THE SUPPLY OF AFFORDABLE HOUSING REMAINS A KEY ISSUE FOR THE STATE Whilst welcoming the announcement today by Minister Redman and Minister Day on the new partnership between the Department of Housing and […]
GIVEN THAT TODAY IS AUSTRALIA DAY, IT IS A GREAT OPPORTUNITY TO CELEBRATE THE GREAT THINGS ABOUT WHERE WE LIVE AND THINK ABOUT HOW OUR URBAN ENVIRONMENT REFLECTS WHO WE ARE. UDIA recently published an article by Michelle Cramer, National Portfolio Leader in Urban Development with Hames Sharley, on the “Australian Sameness,” the proliferation of […]