INCREASED ACCEPTANCE OF SMALLER LOTS HAS KEPT LAND PRICES FROM RISING EXCESSIVELY OVER THE PAST YEAR. With demand for vacant land increasing and stock levels declining, there has been upward pressure on prices over the past 12 months. But rather than the double digit gains that were experienced from 2003 to 2007, the growth in […]
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FIRST HOME BUYERS ARE INCREASINGLY SEEKING FAMILY SUPPORT TO PURCHASE THEIR FIRST PROPERTY According to the latest RP Data-Rismark Index, Perth apartment values rose by a significant 5.3 per cent in the space of a month to a median of $420,000. This price gain for March was more than seven times the 0.7 per cent […]
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The West Australian Despite a crisis of confidence in the building sector, the house-and-land package dream is being revived, with Perth recording its largest number of land sales in more than three years. The rise follows a period of poor sales, as buyers shied away from the troubled industry amid a raft of company collapses and tardy […]
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