THE NUMBER OF RENTAL VACANCIES IN THE METROPOLITAN AREA HAS DOUBLED IN SIX MONTHS TO 4066 AT THE END OF JUNE, ACCORDING TO REIWA. THE LIFT IN LISTINGS HAS PUSHED THE VACANCY RATE TO 3.2 PER CENT AFTER HOVERING BETWEEN 1.8-1.9 PER CENT IN 2012. A vacancy rate in Perth of 3.2 per cent is […]
Read more
Business News The state government’s move last year to establish a streamlined development pathway was welcomed by the property industry, which had long advocated for an improved approvals process. In the months after COVID-19 reached Australia, the state government negotiated historic planning reforms to expedite development projects and create a pipeline of construction jobs to […]
Read more
The Property Tribune Taking over the role of Treasurer after his landslide win at this year’s state election, WA Premier Mark McGowan released his first budget. Local industry body the Urban Development Institute of Australia (UDIA) provided their reaction to the budget. The UDIA welcomed the two-year extension of the Transfer Duty Rebate Scheme for […]
Read more