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PLANNING REFORM WELCOMED BY PROPERTY INDUSTRY
Today’s announcement by the Minister for Planning that a ‘reform team’ will be established within the Department of Planning, Lands and Heritage to deliver improvements to WA’s planning system could improve housing affordability in the state. “UDIA has been highlighting the critical need for a more strategic and streamlined planning system in Western Australia to…
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NEW LOT PRICE IN PERTH ON THE INCREASE
The average price of new land in Perth has increased 3.9% to $234,837 for the year to September 2017 according to the latest data released by the Urban Development Institute of Australia (UDIA WA). “While prices are slightly up, the number of sales are down for the September quarter by 18.7%,” UDIA WA CEO Allison…
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RATE HOLD WAS A ‘SURE THING’ THIS CUP DAY
The RBA decision to hold the official cash rate at 1.50% was the only safe bet on Melbourne Cup Day according to the Urban Development Institute of Australia (UDIA WA). “Today’s decision by the RBA was no surprise, however it certainly is great news for the property market in WA as we head into a…
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NEW LAND DEVELOPMENT LEADS THE WAY IN SAVING WATER
Recent media highlighting Perth as a ‘water guzzling’ city does not take into account some of the fantastic water saving measures that are being implemented in newer land development projects according to the Urban Development Institute of Australia (UDIA WA). “It was not surprising to hear that established areas such as Peppermint Grove are recording…
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WA DWELLING APPROVALS CONFIRM PROPERTY MARKET RECOVERY
Positive property market sentiment that has been brewing in the last few months in Western Australia has been confirmed by hard data today according to the Urban Development Institute of Australia (UDIA WA). “Building approval figures released by the Australian Bureau of Statistics (ABS) today show the number of total dwellings approved in WA is…
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PROPERTY INDUSTRY SUPPORTS MOVE TO SCRAP STAMP DUTY
The recommendation to scrap stamp duties in the Productivity Commission report released today is welcomed by the property industry according to the Urban Development Institute of Australia (UDIA WA). The Productivity Commission report, entitled Shifting the Dial, makes recommendations to scrap stamp duty and streamline planning systems to assist with adequate land supply and ensure…
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UDIA WA RECOGNISES YOUNG TALENT FOR DEVELOPMENT SCHOLARSHIP
The Urban Development Institute of Australia (UDIA WA) is pleased to announce that Ali Wheeler of Cedar Woods Properties Ltd is the winner of the 2017 UDIA Young Development Professional Scholarship. Ms Wheeler is Project Marketing Manager at Cedar Woods and has achieved rapid career progression due to her mature approach, hard work and enthusiasm.…
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UDIA WA APPOINTS PINDAN DIRECTOR AS NEW PRESIDENT
The Urban Development Institute of Australia (UDIA WA) announced the appointment of Nick Allingame, Director of Pindan Developments to the position of President today. UDIA is the peak organisation representing the urban development industry in Western Australia. “I am very pleased to accept the position of President and I am excited about the prospect of…
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IMPRACTICAL COCKATOO POLICY WILL ADD TO COST OF PROPERTY IN WA
The Urban Development Institute of Australia (UDIA WA) says that amendments to guidelines released by the Federal Department of the Environment and Energy will add significant cost and delay to almost all forms of development across the south west land division of Western Australia. “UDIA calculates that each referral will cost $6,577 plus the cost…