THE FEDERAL ELECTION IS SURPRISINGLY QUIET ON THE SUBJECT OF HOUSING AFFORDABILITY GIVEN IT IS SUCH A CRITICAL ISSUE. IN THE RECENT DEBATE AN AUDIENCE QUESTION ON THE TOPIC PROMPTED SOME INTERESTING OBSERVATIONS ON WHAT BOTH FEDERAL PARTIES HAVE ACHIEVED AND INTENDS TO DO. Mr Abbott’s response focused on the reduction on commercial construction costs, […]
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WA Today Perth’s historic low of available rental properties could instantly increase by 53 per cent if investors bought and rented 1600 apartments for sale in some of the city’s most attractive suburbs. That was the message at an industry event hosted by the Urban Development Institute of Australia WA on Wednesday. Perth’s rental vacancy […]
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STRONG POPULATION GROWTH, DECLINING MORTGAGE COSTS AND HEALTHIER PROPERTY MARKET ACTIVITY ARE DRIVING A CYCLICAL UPSWING IN DWELLING CONSTRUCTION, WHICH IS MOST PREVALENT IN PERTH. Perth is leading the dwelling construction recovery in Australia. During the first seven months of 2013, an average of 1,755 dwellings were approved for construction – a 34.3 per cent […]
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