Business News Business News journalist Katie McDonald recently provided a succinct overview of some of the issues raised in UDIA WA’s housing supply report for the At Close of Business podcast. Listen to the podcast here from around 5 minutes.
The Property Tribune Consumers remain positive about the Perth property market despite the ending of stimulus, according to the Urban Development Institute of Australia (UDIA) and Urbis Home Purchaser Sentiment Survey. 44% feel positive about purchasing property in the current Perth market, while 69% expect prices to rise within the next six months. Of those […]
The West Australian Most West Australians believe Perth property prices will continue rising, with nearly seven in ten people surveyed expecting values to increase over the rest of the year. The UDIA Urbis Home Purchaser Sentiment Survey of 502 adults showed 69 per cent expected property price increases over the next six month when polled […]
Business News A new report suggests Perth’s capacity to meet housing demand is diminishing, as stock of readily developable land runs low. Restrictive planning controls, infrastructure constraints, and land fragmentation are among the key factors limiting the supply of housing to the market, according to the Urban Development Institute of Australia. The institute’s latest report, […]
The Fifth Estate Western Australia now has a new type of tenure that proponents say will deliver greater housing diversity, enhanced common spaces and even open the door to shared sustainability infrastructure. Similar to a strata scheme, the newly introduced community title scheme entrusts lot owners with shared ownership and responsibility for common areas on the […]
The Property Tribune The Community Titles Act 2018, set to allow for a new innovative and flexible form of land tenure, is now in effect in Western Australia. The reform gives effect to a new type of subdivision – the community scheme – which offers an alternative to stratas. The scheme enhances flexibility to management […]
The Market Herald A new type of land tenure that provides an alternative to strata title is now in effect in WA. The Community Titles Act 2018 gives effect to a new type of tenure and subdivision – the community scheme — which offers an alternative to strata. A community scheme enables the subdivision of […]
The Property Tribune While forecasts recently released by the WA Housing Industry Forecasting Group (HIFG) reflect housing starts at record highs, land supply remains a critical issue for Perth and the regions, according to the WA division of the Urban Development Institute of Australia (UDIA). “The HIFG is forecasting record numbers of housing starts for […]
West Real Estate, The West Australian Stepping out of the comfortable and familiar surroundings of one’s suburb can be both interesting and confusing at the same time. Navigating your way through streets filled to the brim with cul-de-sacs in one part of Perth and endless stop signs the next – recognising these different suburb patterns […]