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CLAIMS OF PERTH’S NEW DEVELOPMENTS CONTRIBUTING TO URBAN SPRAWL MISGUIDED
The Urban Development Institute of Australia (UDIA WA) strongly refutes claims in the media today that Perth is becoming a disconnected ‘sprawled’ city.
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ICONIC SCARBOROUGH KNOCK BACK JEOPARDISING PERTH’S FUTURE DEVELOPMENT POTENTIAL
The rejection of the Iconic Scarborough development application proposed by 3 Oceans Property is a blow to redevelopment of the area and will deter other potential local and interstate investors from looking at WA according to the Urban Development Institute of Australia (UDIA WA). “The Iconic Scarborough proposal had the support of local and state…
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WOMEN IN LEADERSHIP AWARD WINNER ANNOUNCED
Tamara Heng, Partner at Lavan, has been announced as the winner of the annual UDIA WA & Frasers Property Women in Leadership Award. The Women in Leadership award recognises outstanding women working in mid to senior levels in the WA property development industry. “Ms Heng is a very deserving winner of this award given her…
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LATEST HOUSING FORECAST ANOTHER POSITIVE SIGN FOR WA PROPERTY MARKET
The report released this morning by the Housing Industry Forecasting Group (HIFG) has reinforced expectations of a property market recovery in 2018. Chief Executive of the Urban Development Institute of Australia (UDIA WA) Allison Hailes says that the report is yet another indicator that we have well and truly hit the bottom of this market…
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WA PROPERTY PROFESSIONAL DARREN COOPER ELECTED UDIA NATIONAL PRESIDENT
Managing Director of Development Capital Management and well known Western Australian property identity Darren Cooper has been elected to the role of National President by the Urban Development Institute of Australia (UDIA). Darren takes the place of outgoing National President, Michael Corcoran, who has served in the role since 2015. “We are very pleased to…
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PLANNING REFORM WELCOMED BY PROPERTY INDUSTRY
Today’s announcement by the Minister for Planning that a ‘reform team’ will be established within the Department of Planning, Lands and Heritage to deliver improvements to WA’s planning system could improve housing affordability in the state. “UDIA has been highlighting the critical need for a more strategic and streamlined planning system in Western Australia to…
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NEW LOT PRICE IN PERTH ON THE INCREASE
The average price of new land in Perth has increased 3.9% to $234,837 for the year to September 2017 according to the latest data released by the Urban Development Institute of Australia (UDIA WA). “While prices are slightly up, the number of sales are down for the September quarter by 18.7%,” UDIA WA CEO Allison…
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RATE HOLD WAS A ‘SURE THING’ THIS CUP DAY
The RBA decision to hold the official cash rate at 1.50% was the only safe bet on Melbourne Cup Day according to the Urban Development Institute of Australia (UDIA WA). “Today’s decision by the RBA was no surprise, however it certainly is great news for the property market in WA as we head into a…
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NEW LAND DEVELOPMENT LEADS THE WAY IN SAVING WATER
Recent media highlighting Perth as a ‘water guzzling’ city does not take into account some of the fantastic water saving measures that are being implemented in newer land development projects according to the Urban Development Institute of Australia (UDIA WA). “It was not surprising to hear that established areas such as Peppermint Grove are recording…