The Property Tribune Interest rate rises, higher property prices and rent increases have made housing less affordable in Western Australia according to new report Housing Affordability in Western Australia 2023 from the Bankwest Curtin Economics Centre (BCEC). The report found that increased housing demand, driven by factors such as population growth, has been putting extreme pressure on rental […]
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The West Australian Perth’s “Everest-sized” housing crisis has been highlighted by new figures which show the number of residential building approvals last financial year was 10,000 lower than a decade ago. The latest Australian Bureau of Statistics data has revealed there were 14,796 residential building approvals in Perth during the 2023/2024 financial year compared to […]
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West Australian A new $400 million fund to fast-track water pipes and power lines for new housing has been welcomed by developer groups as a critical first step to prevent Perth’s housing supply falling further behind. But the Liberal party has called it “too little, too late” and declared the housing crisis is not over. […]
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