OLDER HOUSEHOLDS HAVE BEEN, ARE AND WILL INCREASINGLY BECOME KEY PLAYERS IN THE MAINSTREAM HOUSING MARKET The founding and current chairman of the National Housing Supply Council, Dr Owen Donald, speaking at the recent UDIA National Congress stressed that it is therefore important to understand the residential decisions and behaviours of this cohort and its […]
LUKE ROGERS, LEAD SCIENTIST AT COTERRA ENVIRONMENT EXPLORES THE ENVIRONMENTAL AND ECONOMIC ADVANTAGES OF SUSTAINABLE DEVELOPMENT, AND DISCUSSES THE CONCEPT OF SUSTAINABLE URBAN DEVELOPMENT (OR SUSTAINABLE URBANISM) WITH A FOCUS ON THE ENVIRONMENTAL BENEFITS I heard a disturbing statistic the other day in relation to the world’s population growth, which said that the amount of […]
AFFORDABILITY IS A COMPLEX ISSUE AND WE NEED TO MAKE SURE WE HAVE THE LANGUAGE RIGHT BEFORE WE DISCUSS SOLUTIONS Housing affordability is being raised once again as an issue as the supply of developer lots available for sale has plummeted over the last six months and prices are rising on the existing market. Discussion […]
THESE NEIGHBOURING SUBURBS HAVE BECOME AN INCREASINGLY PROMINENT DESTINATION FOR NEW HOME PURCHASES, WITH MORE THAN ONE IN SEVENTEEN NEW HOUSES BUILT THERE IN 2012 These two suburbs located between the Tonkin Hwy and Kwinana Fwy has featured prominently over the last five years, increasing its share to 6.3 per cent of all Perth metropolitan […]
FIRST HOME BUYERS ARE INCREASINGLY SEEKING FAMILY SUPPORT TO PURCHASE THEIR FIRST PROPERTY According to the latest RP Data-Rismark Index, Perth apartment values rose by a significant 5.3 per cent in the space of a month to a median of $420,000. This price gain for March was more than seven times the 0.7 per cent […]
IT IS WIDELY REPORTED THAT LAND VALUES SHOT UP DRAMATICALLY LAST DECADE, BUT SO DID THE VALUE OF HOMES BUYERS WERE BUILDING; AND JUST LIKE LAND PRICES, NEW HOMES PRICES HAVE NOT INCREASED FOR FIVE YEARS. The price of land was often cited as the main reason for new home prices shooting up dramatically between […]
OVER THE NEXT FEW MONTHS THE UDIA INTELLIGENCE UNIT WILL TAKE A CLOSER LOOK AT A NUMBER OF NEW DWELLING HOTSPOTS AND FIRST ON THE LIST IS NONE OTHER THAN THE LAND DEVELOPMENT MECCA, BALDIVIS. Recent figures from RP Data showed that Baldivis recorded 936 land sales last year, far outstripping land markets in the […]
THE WESTERN AUSTRALIAN PROPERTY MARKET IS ON THE MOVE, BUT AFTER SEVERAL YEARS OF SUBDUED DEMAND WHAT WILL THIS CYCLE LOOK LIKE? Last week UDIA Economist Tim Connoley suggested that maybe we should add property cycles to Benjamin Franklin’s popular adage about death and taxes. Or maybe we should look to Isaac Newton who said […]
WITH THE LIBERAL NATIONAL GOVERNMENT RECEIVING A VOTE OF ENCOURAGEMENT IN WA ON THE WEEKEND, THE TIME HAS COME TO GET SERIOUS ABOUT IMPROVING THE INTEGRATION OF PLANNING BETWEEN STATE GOVERNMENT AGENCIES AND BETWEEN LAYERS OF GOVERNMENT The recent announcement of a comprehensive review of state development laws in South Australia prompted comments by State […]