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The Urban Development Institute of Australia (UDIA) is Australia’s peak Representative body for all segments of the Urban Development Industry. The institute has been representing the industry in Western Australia for more than 40 years.
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Land sales price pressure likely
Business News RESIDENTIAL land developers are cautiously optimistic about future sales in Western Australia, as the sector stabilises after years of volatility. Major players are reporting lower demand for new land than in 2020, when…
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‘Rightsize’ may fit all – Stamp duty plan to fix housing
The West Australian There are growing calls for targeted stamp duty relief to help home buyers “rightsize” amid the chronic housing shortage. The Real Estate Institute of WA and the Urban Development Institute of WA…
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Border pressure on rental market
Business News WESTERN Australia’s borders are open after almost two years, paving the way for interstate and overseas workers to plug the skills gaps exacerbated during COVID-19. But historically low rental vacancy rates mean there…
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Pushing the envelope
The West Australian Western Australian property developer Hesperia has achieved its first EnviroDevelopment certification, with the new Rivermark residential development receiving a stamp of excellence in sustainability. The Viveash estate on the banks of the…
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One per cent rate hike looming
Business News Leading independent economist Jonathan Pain says he expects at least four interest rate rises within this calendar year, as monetary policy normalises. Speaking at an Urban Development Institute of Australia WA event today,…
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Tanya Steinbeck talks to Perth LIVE with Oliver Peterson
UDIA WA CEO Tanya Steinbeck spoke to Perth LIVE with Oliver Peterson regarding the current state of the land market following another quarter of promising results as showcased in the latest edition of UDIA WA’s…
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Perth new land sales defy logic with skyrocketing demand amid stagnant prices
The West Australian The booming land sales market is defying logic, with demand skyrocketing while prices remain stagnant. New figures from the Urban Development Institute of WA show land sales grew 15 per cent in…
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Silver lining to shortages
The West Australian There may be a silver lining to the well-documented trade and material shortages that have been marring the industry, with the building delays potentially slowing down urban sprawl. According to Realmark North…
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Industry Issues 03-02-2022
From the CEO The alarm bells are ringing increasingly louder amongst our industry. Worker shortages & supply chain impacts have been an issue for some months but are now resulting in projects being significantly delayed…