Business News Nearly 40 per cent of a family’s income is needed to afford a house in Western Australia, industry data for the past quarter shows. The Real Estate Institute of Australia Housing Affordability Report shows 39.5 per cent of family income was needed to meet loan repayments in the state, based on a median […]
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The West Australian WA’s peak property development body has called for the State Government to permanently adopt its duty rebate scheme for off-the-plan apartment buyers, warning WA’s housing crisis will only worsen if the scheme ends in October next year as planned. In a letter sent to Premier Mark McGowan on Friday, Urban Development Institute […]
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WAtoday Perth’s love of developing on ‘easy’ sandy blocks has resulted in an unwavering addiction to the classic double-brick home, but a new UDIA WA report suggests land is drying up and builders will start putting the trowel down to pick up a hammer. Read the full article by WAtoday Business Reporter Hamish Hastie, here.
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