Domain Demand for housing is booming across Perth, with new figures from the Urban Development Institute of Australia in WA revealing a 92 per cent increase in the number of new land sales over the past 12 months. According to the institute’s Urban Development Index for the December quarter 2023, new land sales in the […]
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THE WEST AUSTRALIAN WA’s newly introduced foreign buyers’ surcharge was unlikely to help the State’s sluggish property market, Reserve Bank assistant governor Michele Bullock said. Ms Bullock told a UDIA WA function last week that in times of strong growth a surcharge would “take the edge off”. “I would only observe that given the WA […]
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THE RENTAL SQUEEZE AND THE PREDICTION BY THE ANZ THAT WESTERN AUSTRALIA WILL BE SHORT 90,000 DWELLINGS BY MID THIS DECADE MEANS THE SUPPLY OF AFFORDABLE HOUSING REMAINS A KEY ISSUE FOR THE STATE Whilst welcoming the announcement today by Minister Redman and Minister Day on the new partnership between the Department of Housing and […]
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