Category: Uncategorized
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Land sales reach record highs
Business News Land sales in Western Australia are continuing to rise, with a record volume of lots sold in 2024. New data from the Urban Development Institute of Australia WA showed that 11,168 lots sold…
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Headline inflation drops to 2.7pc, down from 3.5pc, as energy rebates kick in
ABC The annual rate of headline inflation fell to 2.7 per cent in August, down from 3.5 per cent in July. That huge slowdown in the pace of headline inflation was expected, but economists say…
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Rate cuts may be imminent. What impact will they have on Perth house prices?
Domain Property industry commentators say any interest rate cuts by the Reserve Bank are likely to accelerate house price growth in Perth’s sizzling market. With inflation now edging towards 3 per cent, markets are pricing…
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‘Buy here & we die here’: The 10 most tightly-held WA suburbs where locals lock in for as long as they can
The West Australian They’re the tightly held spots in our State that locals don’t really want you to know about. Pleasantville suburbs or townships where ‘when you buy there — you die there’. Across WA…
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Interstate property investment deluge in Perth
Australian Property Investor With the property market continuing to heat up in Western Australia, investors from interstate have shown an increasing interest in buying Perth property. At a recent presentation to UDIA WA members in…
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Downsizing remains a challenge for asset rich, cash poor older Australians
The Property Tribune Downsizing in Australia is part of the broader housing diversity conversation. While there is growing momentum behind the idea of downsizing, major hurdles remain firmly ahead. At a UDIA WA event, Downsizer Economist in Residence, Michael…
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Obstacles in delivering density in Perth
Business News Housing and Planning Minister John Carey has defended building single dwellings amid a push for infill, saying some higher-density projects are just not viable in Perth. Speaking at an Urban Development Institute of Australia WA event today, Mr…
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Property investors keen on WA, UDIA says
Business News More than half of new land purchasers in Western Australia during the recent quarter were investors, according to Urban Development Institute of Australia WA. UDIA WA’s urban development Index shows the proportion of investors…
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WA land buyers facing the next housing hurdle
The West Australian WA land buyers are set to pay significantly more money for smaller blocks of land as dwindling land supply becomes the next major battleground in the housing crisis. New figures from the…