ACCORDING TO ABS DATA, OWNER OCCUPIED HOUSEHOLDS HAD A HIGHER LEVEL OF NET WEALTH THAN THOSE THAT RENT. With households in Perth having, on average, net property assets of $420,700, it is clear that property continues to underpin wealth accumulation throughout people’s lives, whether it is through the family home or other real estate investments. […]
Read more
A SUMMARY FROM THE INSTITUTE’S LATEST ECONOMIC AND HOUSING MARKET UPDATE Economy Expectations are that the RBA Board will let a cash rate that has nearly halved over the last two years and a falling dollar that is down 15 per cent against the USD work their way through the economy, with the possibility of […]
Read more
GIVEN THAT TODAY IS AUSTRALIA DAY, IT IS A GREAT OPPORTUNITY TO CELEBRATE THE GREAT THINGS ABOUT WHERE WE LIVE AND THINK ABOUT HOW OUR URBAN ENVIRONMENT REFLECTS WHO WE ARE. UDIA recently published an article by Michelle Cramer, National Portfolio Leader in Urban Development with Hames Sharley, on the “Australian Sameness,” the proliferation of […]
Read more