Domain Perth is the most affordable capital city in Australia to purchase a block of land in, with a median new land price of $228,000. With the median land price growing a modest 6 per cent in 2022, Perth has assumed the mantle from Adelaide as having the most affordable residential blocks in the country, […]
propertynoise.com.au A new report has officially declared Perth as the most affordable capital city in Australia. The Urban Development Institute of Australia’s (UDIA) State of the Land Report was launched at the UDIA National Congress in Perth on Wednesday, finding that the median new land price in Perth was chump change at $228,000, with median land price […]
The Property Tribune Embracing diversity and fostering inclusive places in our cities, towns and neighbourhoods is a core ingredient for success both socially and economically, leading to more resilient cities for the future. According to well-known author and Professor at University of Toronto’s School of Cities, Richard Florida, you can’t have resilience—the ability to bounce […]
The West Australian Perth is officially the most affordable capital city to buy a block of land. After being usurped by Adelaide last year, Perth is once again a bargain-hunters’ dream, with a median new land price of $228,000. This compares to an eye-watering average price of $716,381 in Sydney and $382,125 in Melbourne and […]
The Property Tribune In response to climate change and a myriad of other challenges that are facing our cities and towns, developing resilient places for the future is an important focus for governments and industry across the world. With more than half of the population living in urban areas and that figure likely to increase […]
Australian Financial Review People building homes are feeling the pinch from both rising interest rate payments and higher material and labour costs, luxury residential construction company BuildX director Patrick El Khouri says. The hit on two fronts has meant construction companies such as BuildX, which builds houses with budgets between $1 million and $8 million, […]
Australian Financial Review A surge in holding costs, squeezed profit margins and a collapse in the off-the-plan apartment market are fuelling a sharp rise in the number of development sites being put up for sale, many of which have existing permits. In some cases, developers are coming under pressure from their lenders to put their […]
Australian Property Investor Magazine As more Australians than ever sleep in tents and cars, the Chair of the National Housing Finance and Investment Corporation has declared Australian housing is facing its most crucial week in a generation. Major daily newspapers are running front page stories of homeless people forced by a rental crisis into sleeping […]
Business News Perth has surpassed Adelaide as the most affordable capital city in Australia for land prices for the first time in a decade, according to a development institute’s annual report. The Urban Development Institute of Australia launched its State of the Land Report at its national congress in Perth today. According to the report, […]