Princess Margaret Hospital to be demolished for apartments, shops as part of Subi East Redevelopment project

THE STATE GOVERNMENT HERALDED A NUMBER OF CHANGES FOR THE PROPERTY INDUSTRY IN THIS YEAR’S STATE BUDGET, THE MOST OBVIOUS BEING THE REMOVAL OF THE FIRST HOME OWNER GRANT FOR EXISTING HOUSING. This change builds on last year’s adjustment which saw the $7000 grant varied to favour new dwellings.  While the change will encourage the […]

IN THE PROPERTY MARKET MAKING SENSE OF STATISTICS IS VITAL BUT TAKEN IN ISOLATION, SOME STATISTICS CAN BE DOWNRIGHT CONFUSING. THERE ARE A FEW QUESTIONS TO ASK YOURSELF WHEN TRYING TO MAKE SENSE OF WHAT THE COMMENTATORS ARE SAYING. The first is the time period the data refers to; some data can be up to […]

The West Australian Government building grants, mixed with increasing property prices in Perth, have potentially sped up growth in outer metropolitan suburbs. The increased population is pushing prices up in inner-city suburbs, making housing in close proximity to the CBD unattainable for much of the Perth population. However, the constant redevelopment of large outer business […]