Australian Property Investor The federal government’s $688 million HomeBuilder initiative has stopped a decline in new home sales across Australia, with improving market confidence flowing into new builds. Data from the Australian Bureau of Statistics showed COVID-19 initially caused a plunge in new home construction in all states, but that fall was now being cushioned […]
The West Australian WA’s returning sons and daughters are helping to stabilise Perth’s housing market, with the flood of people returning to the safety of WA helping to quell fears of a property plunge. A survey by the Urban Development Institute of Australia shows most locals (57 per cent) expect house prices to increase in […]
West Real Estate Sales activity in the Perth metropolitan region increased in July, with REIWA data showing volumes were up 68 per cent compared to the COVID-19 low in April across both dwellings and land sales. Land saw a 121 per cent increase in sales compared to April, while houses and units enjoyed a 58 […]
PerthNow BUYERS looking to build a new home flocked to the City of Swan for land in the June quarter 2020, with Vale, Ellenbrook and Brabham the top three areas for sales activity. The region saw the highest number of sales for any local government area, with just over 1000 lots sold during the three […]
WAToday Land sales in Perth have boomed as buyers snap up new lots before government subsidies rolled out during the COVID-19 pandemic end in December. But it also means Perth’s urban sprawl is set to continue, with the mortgage belt suburbs in the fringes of the metropolitan area topping the list as the hottest postcodes […]
Australian Property Investor Perth property appears to be on the upswing, with sales rebounding, rental vacancies shrinking and investors eyeing potential returns as confidence continues to grow in the WA capital. As 2019 rolled into 2020, Perth property professionals were cautiously optimistic that the New Year would bring a long-awaited recovery in Western Australian real […]
Business News Perth achieved 3,322 new lot sales during the June 2020 quarter – the most land sales the Urban Development Institute of Australia WA has ever recorded for a quarter. The institute began its land market survey in 1990 and said it was the highest number of quarterly land sales on record. UDIA WA […]
New Homes – The West Australian While many homebuilders are looking at their own practices to lower their environmental footprint, many land developers are doing the same thing, designing their communities with environmental custodianship at the forefront. Urban Development Institute of Australia WA CEO Tanya Steinbeck said the industry had shown significant leadership in this […]
The West Australian government has hustled to introduce and pass reforms representing the state’s biggest-ever planning system overhaul, three years in the making and previously scheduled to take at least another two. The laws, introduced and passed in just five weeks, could see the time to get a big project off the ground reduced from […]