13 November 2020
Posted In: Uncategorized
Domain
Pent-up buyer demand, low interest rates and an extraordinarily tight rental market have helped fuel a mini-boom within the Perth property market.
Following a dip during the height of COVID-19-related restrictions, interest in Perth real estate has returned, Domain senior research analyst Nicola Powell said.
To read the story in full, including comments from UDIA WA CEO Tanya Steinbeck, click here.
Related Posts
The West Australian Demand for new blocks of land remains strong despite the scaling back of housing grants, with a 35 per cent increase in new land sales for the September quarter. And prices are finally reflecting the extra demand, with a 5 per cent increase in value over the September quarter, taking the annual […]
ON TUESDAY THE SECOND INSTALLMENT OF THE BLUE PRINT FOR PLANNING REFORM: “PLANNING MAKE’S IT HAPPEN PHASE II” WAS RELEASED. IF FULLY IMPLEMENTED, IT WILL REDUCE TIMELINES AND RELIEVE SOME COST PRESSURES IN THE LAND DEVELOPMENT PROCESS. In the first round of planning reform, the “model conditions” which are applied to subdivision applications were reviewed […]
West Real Estate – The West Australian Despite a sharp dip in the December quarter, recent data from UDIA WA has revealed 2020 was an unprecedented year for land sales in Western Australia. Sales almost doubled year on year, according to the UDIA WA Urban Development Index, with 10,035 new lots sold in 2020 compared […]