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PERTH PROPERTY MARKET FULL STEAM AHEAD AS SALES INCREASE
The Perth and Peel region property market continues to show signs of recovery with new land sales up 4% for the December 2017 quarter according to the latest figures from the Urban Development Institute of Australia (UDIA WA). “Developers have recorded excellent results for the final quarter of 2017 with strong sales numbers rounding out…
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UDIA WELCOMES INFRASTRUCTURE WA
The Urban Development Institute of Australia (UDIA WA) has welcomed the launch of a blueprint for Infrastructure WA (IWA) by the state government as a step toward a more coordinated approach to infrastructure provision in our growing state. “UDIA has been advocating for many years on the need for an independant body like Infrastructure WA…
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LOCAL COUNCILS HOLD BILLIONS IN COMMUNITY INFRASTRUCTURE FUNDS
The Urban Development Institute of Australia (UDIA WA) has found that many local councils in WA are holding funds adding up to over a billion dollars that have yet to be spent on community infrastructure. These funds, collected via development contributions schemes and voluntary agreements, are supposed to be spent on infrastructure such as roads,…
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PERTH HOUSING AFFORDABILITY REMAINS CRITICAL
A new report proves that Perth’s housing affordability remains a critical issue that requires immediate attention from government according to the Urban Development Institute of Australia (UDIA WA). The latest Demographia International Housing Affordability Survey for 2017, which calculates cities’ affordability rates by using a house price to income ratio, earmarked Perth as ‘Severely Unaffordable’…
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CLAIMS OF PERTH’S NEW DEVELOPMENTS CONTRIBUTING TO URBAN SPRAWL MISGUIDED
The Urban Development Institute of Australia (UDIA WA) strongly refutes claims in the media today that Perth is becoming a disconnected ‘sprawled’ city.
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ICONIC SCARBOROUGH KNOCK BACK JEOPARDISING PERTH’S FUTURE DEVELOPMENT POTENTIAL
The rejection of the Iconic Scarborough development application proposed by 3 Oceans Property is a blow to redevelopment of the area and will deter other potential local and interstate investors from looking at WA according to the Urban Development Institute of Australia (UDIA WA). “The Iconic Scarborough proposal had the support of local and state…
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WOMEN IN LEADERSHIP AWARD WINNER ANNOUNCED
Tamara Heng, Partner at Lavan, has been announced as the winner of the annual UDIA WA & Frasers Property Women in Leadership Award. The Women in Leadership award recognises outstanding women working in mid to senior levels in the WA property development industry. “Ms Heng is a very deserving winner of this award given her…
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LATEST HOUSING FORECAST ANOTHER POSITIVE SIGN FOR WA PROPERTY MARKET
The report released this morning by the Housing Industry Forecasting Group (HIFG) has reinforced expectations of a property market recovery in 2018. Chief Executive of the Urban Development Institute of Australia (UDIA WA) Allison Hailes says that the report is yet another indicator that we have well and truly hit the bottom of this market…
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WA PROPERTY PROFESSIONAL DARREN COOPER ELECTED UDIA NATIONAL PRESIDENT
Managing Director of Development Capital Management and well known Western Australian property identity Darren Cooper has been elected to the role of National President by the Urban Development Institute of Australia (UDIA). Darren takes the place of outgoing National President, Michael Corcoran, who has served in the role since 2015. “We are very pleased to…