Category: Uncategorized
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WA bucks national building approvals decline
Business News Building approvals in WA have gone against the national grain, largely thanks to a significant uptick in multi-dwelling unit approvals in the state. National seasonally adjusted building approvals fell 6.4 per cent in…
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Perth’s median home value passes $900k, on track to $1m
Business News New data has shown Perth’s median home values passed $900,000 for the month of November as it continues to close the gap to $1 million and lead the nation in price growth. The…
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Gone in 60 seconds: Affordable house and land packages at new estates in Perth are selling out in record time
The West Australian Sixty seconds is all it takes for affordable land to sell out in Perth’s newest estates. In a case of ‘blink and you’ll miss it’, affordable blocks in new estates in developing…
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Pressure in housing market hits fresh peak as total listings fall to record low
The West Australian Pressure in Perth’s house-and-land package market has hit a fresh peak, with lot sales reaching a record high and total listings falling to a record low. New data from the Urban Development…
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House prices jump in first home buyer suburbs as deposit scheme kicks in
Australian Financial Review House prices are rising faster at the bottom end of the market than the top, as competition among first home buyers intensifies following the introduction of the federal government’s 5 per cent…
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Government reveals the 10 Perth train station areas to get higher density housing
Australian Property Investor The Western Australian State Government has launched a major planning reform program in an attempt to overcome Perth’s housing crisis and redress its reputation for being a low density city beset by…
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Shepherd to become UDIA president
Business News Grant Shepherd has been named as the Urban Development Institute of Australia’s WA president, taking over from Richard Pappas. The Hesperia residential director has today been named as the peak body’s new president,…
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‘Nothing I can do’: RBA governor’s chilling warning to Aussie first-home buyers
The West Australian Australia’s property prices are at a record high, with Reserve Bank boss Michele Bullock conceding “there’s nothing that I can do”. Home prices climbed higher in September across all capital city and…
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Planning for a growing community
Business News Julian Bolleter believes Perth population is at a tipping point that will hasten moves away from a city-centric approach to residential development. The University of Western Australia associate professor and Australian Urban Design…