Category: Uncategorized
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Stamp duty, rebate reform needed to shift imbalance against apartments
Australian Property Investor Magazine While the Perth apartment market has moderated in recent years, the demand for apartment living is still growing as young couples, downsizers, and interstate and overseas migrants look for appropriate accommodation.…
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Calls for government’s duty rebate scheme to be extended to offset soaring construction costs
The West Australian WA’s peak property development body has called for the State Government to permanently adopt its duty rebate scheme for off-the-plan apartment buyers, warning WA’s housing crisis will only worsen if the scheme…
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Hope on horizon for WA property market
Business News Industry leaders are forecasting a return to equilibrium for WA, as population growth continues and the pipeline of supply gets built out. Speaking at an Urban Development Institute of Australia WA event today, Real Estate…
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New data reinforces Perth’s investment opportunities
Australian Property Investor Magazine As one of the most affordable capital cities in the country and one of the few still recording price growth, investment opportunities are arising in Perth, with a focus on one…
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Land sales down 17 per cent since March, with the unrelenting cost of construction
6PR New statistics released today show new land sales have fallen 17 per cent, since the March quarter this year. CEO of Urban Development Institute of Australia WA, Tanya Steinbeck told 6pr Radio she’s not…
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New land sales plummet
Business News New residential land sales have dropped by 17 per cent in the last quarter and by 4.6 per cent in the financial year, figures from the Urban Development Institute of Australia show. The…
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Ongoing skills squeeze hits the land market, sends sales down
The West Australian The chronic skills shortage has tipped over into the land market, with a drop in sales as people shy away from building their homes. New data from the Urban Development Institute of…
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Perth mayor wants ideas on bringing residential boom to the city
WAToday Perth Lord Mayor Basil Zempilas is pushing for ideas to nearly double the inner-city’s population to 55,000 people over the next 14 years in the face of high building costs and a stalled pipeline…
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Powerful groups join forces to declare war on stamp duty in WA, demanding its removal
Realestate.com.au A peak industry group has demanded the removal of one of the “most economically damaging taxes” by declaring war on stamp duty in Western Australia. The Chamber of Commerce and Industry WA released its…