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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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CBD CENTRIC ARGUMENTS OFF THE MARK
THE GRATTAN INSTITUTE’S LATEST REPORT, PRODUCTIVE CITIES, IS RICH IN STRONG CONCEPTUAL ARGUMENTS, BUT ITS FAILURE TO ADDRESS SOME OF THE DIFFERENCES BETWEEN PERTH AND AUSTRALIA’S OTHER THREE LARGEST CITIES MAKES IT A SOMEWHAT SLANTED…
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SALES UP, BUT WHAT ABOUT PRICES?
STOCK LEVELS HAVE DECLINED BY A THIRD, SALES ARE AT SIX-YEAR HIGHS; THIS WILL INEVITABLY PUT UPWARD PRESSURE ON PRICES. Six months ago, I mentioned that the fundamentals had shifted dramatically in favour of new…
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HOUSING CRISIS LOOMS
WITH LAND MARKET ACTIVITY HAVING PICKED UP PACE OVER THE LAST 12 MONTHS, STEVE ROBERTSON FROM PRM PROPERTY GROUP DISCUSSES THE THREAT OF A HOUSING SUPPLY CRISIS With further evidence emerging of a healthy recovery…
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CONSTRUCTION TIMEFRAMES TO WIDEN, BUT COST INCREASES CONTAINED
PAUL ROBERTS, ASSOCIATE AT RIDER LEVETT BUCKNALL, DISCUSSES HIS FORECASTS FOR CONSTRUCTION TIMEFRAMES AND COSTS IN WESTERN AUSTRALIA Growth in the Western Australian economy continues to surpass growth in all other states, supported by solid…
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TACKLING UNDERSUPPLY
CONTRARY TO THE OPINION OF SOME, THE LAST THING THE DEVELOPMENT INDUSTRY WANTS IS AN OVERHEATED MARKET BECAUSE A RAPID ESCALATION IN PRICING BRINGS IN SPECULATORS WHO TRY TO BUY AND SELL ON THE SAME…
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LOTS BROUGHT FORWARD TO EASE LAND SUPPLY PRESSURES
LAND DEVELOPERS BROUGHT FORWARD NEW LAND RELEASES IN THE MARCH QUARTER TO HELP MEET INCREASING DEMAND FOR NEW DWELLINGS IN PERTH THAT HAS SEEN SALES VOLUMES REACH THEIR HIGHEST LEVEL SINCE 2006 Research by the…
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LOAN FIGURES SHOW WE’RE ON THE UP
THIS WEEK ABS DATA WAS RELEASED SHOWING THAT THE NUMBER OF HOME LOANS INCREASED 18.9 PER CENT IN WESTERN AUSTRALIA TO THEIR HIGHEST LEVEL SINCE 2009, DRIVEN BY AN INCREASE IN LOANS TO UP-GRADERS (I.E.…
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BABY BOOMERS TO SHAPE PROPERTY MARKET FOR YEARS TO COME
OLDER HOUSEHOLDS HAVE BEEN, ARE AND WILL INCREASINGLY BECOME KEY PLAYERS IN THE MAINSTREAM HOUSING MARKET The founding and current chairman of the National Housing Supply Council, Dr Owen Donald, speaking at the recent UDIA…
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PLACING VALUE ON ENVIRONMENTALLY SUSTAINABLE URBANISATION
LUKE ROGERS, LEAD SCIENTIST AT COTERRA ENVIRONMENT EXPLORES THE ENVIRONMENTAL AND ECONOMIC ADVANTAGES OF SUSTAINABLE DEVELOPMENT, AND DISCUSSES THE CONCEPT OF SUSTAINABLE URBAN DEVELOPMENT (OR SUSTAINABLE URBANISM) WITH A FOCUS ON THE ENVIRONMENTAL BENEFITS I…