AS WE MOVE INTO THE WARMER WEATHER INTEREST IN THE PROPERTY MARKET USUALLY PICKS UP AND THAT IS SHOWING THROUGH OUR WEEKLY DATA WITH THE LOT SALES TREND TICKING UP OVER THE LAST FIVE WEEKS. Because of where we are in the market cycle however, there is likely to be a lot of mixed messages […]
THE DEPARTMENT OF PLANNING IS UPDATING THEIR POLICY ON THE PROTECTION OF THE JANDAKOT GROUNDWATER SUPPLY MOUND. THE POLICY EXTENDS INTO SIX LOCAL GOVERNMENT AUTHORITIES MAKING AN OVERARCHING POLICY ESSENTIAL FOR GETTING QUALITY OUTCOMES WITHOUT UNNECESSARY STERILISATION OF LAND. Stretching from the City of Canning in the north to the Shire of Serpentine Jarrahdale in […]
FIRST HOME BUYERS TEND TO BE USED BY MANY AS A BAROMETER FOR THE PROPERTY MARKET; HOW MANY AND HOW MUCH THEY ARE PAYING HAS BEEN THE TOPIC OF MEDIA INTEREST FOR A LONG TIME. ONE OF THE USEFUL SOURCES OF INFORMATION IS TREASURY’S ANALYSIS OF THE FIRST HOME OWNER GRANT (FHOG) WHICH WE HAVE […]
THE STATE GOVERNMENT THIS WEEK ANNOUNCED THE RELEASE OF 20 PARCELS OF LAND WHICH ARE NO LONGER REQUIRED BY THE GOVERNMENT. SOME OF THE LAND WONDERFULLY LOCATED FOR THE DEVELOPMENT OF HIGH QUALITY INFILL PROJECTS. Included in the announcement is the Old Perth Girls’ School (1.7ha) and the Police Headquarters (1.78) hectares, both in East […]
THE REFERENCE GROUP FOR THE STRATEGIC ASSESSMENT OF PERTH AND PEEL MET LAST WEEK. WHY IS THAT IMPORTANT? THE STRATEGIC ASSESSMENT FOR PERTH AND PEEL IS LIKELY TO UNDERPIN THE BIGGEST SHAKEUP OF PLANNING IN PERTH SINCE THE RELEASE OF THE STEPHENSON HEPBURN PLAN IN 1955. The Strategic Assessment is a process to give greater […]
THE R-CODES CONTINUE TO SERVE A PURPOSE, BUT THE SPEED OF CHANGE IS OUTPACING THE POLICY SETTINGS. THE WESTERN AUSTRALIAN PLANNING COMMISSION (WAPC) HAS ADVERTISED AMENDMENTS TO ADDRESS COMMUNITY CONCERNS ABOUT MULTIPLE DWELLING DEVELOPMENTS IN AREAS COMPRISING PREDOMINANTLY SINGLE DWELLING, SUCH AS PARKING OVERFLOW PROBLEMS. The Residential Design Codes (R-Codes) control residential development in Western […]
RECENT ABS BUILDING APPROVALS DATA PROVIDED SOME INTERESTING INSIGHTS INTO THE RESIDENTIAL MARKET IN WESTERN AUSTRALIA WHICH HAS SEEN PRIVATE SECTOR HOUSING RISING (IN TREND TERMS) FOR THE LAST 24 MONTHS. It has certainly been a big couple of years for the industry which saw the largest number of developer lots sold since UDIA started […]
THE UDIA AWARDS FOR EXCELLENCE PROVIDES INSIGHT INTO THE CHANGING NATURE OF DEVELOPMENT IN WESTERN AUSTRALIA AND EMERGING TRENDS. FOUR OF THE DEVELOPMENTS ARE EITHER TRANSPORT ORIENTATED DEVELOPMENTS (TODS) OR CONTAIN TODS WITHIN THE DEVELOPMENT. The TOD concept underpins development from around the world and is based on the premise of having residential density (apartments […]
THE BANK WEST CURTIN ECONOMIC CENTRE RECENTLY RELEASED THEIR REPORT ON WORKFORCE AND SKILLS: WESTERN AUSTRALIAN LABOUR MARKETS IN TRANSITION. THE REPORT INVESTIGATES EMPLOYMENT IN WESTERN AUSTRALIA AND FINISHES ON A HIGH NOTE SAYING THAT THEY DON’T SUBSCRIBE TO THE NEGATIVE VIEWS PUT FORWARD BY “SOME DOOMSAYERS WHO WARN OF A DAMAGING POST-BOOM CONTRACTION IN […]