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 […]
GIVEN THAT TODAY IS AUSTRALIA DAY, IT IS A GREAT OPPORTUNITY TO CELEBRATE THE GREAT THINGS ABOUT WHERE WE LIVE AND THINK ABOUT HOW OUR URBAN ENVIRONMENT REFLECTS WHO WE ARE. UDIA recently published an article by Michelle Cramer, National Portfolio Leader in Urban Development with Hames Sharley, on the “Australian Sameness,” the proliferation of […]
THE URBANISATION OF POPULATIONS AROUND THE WORLD IS CREATING CHALLENGES FOR BOTH CITY PLANNING AND THE DETERIORATING ECONOMIC BASE OF REGIONAL TOWNS. Having recently returned from New Zealand it is clear that they too are facing this global phenomenon. It is projected that nearly ninety percent of New Zealand’s total population growth to 2026 will […]
THE PREMIER’S STATEMENT THAT THE BIGGEST PRESSURE POINT IS ON THOSE FAMILIES WHO ARE RENTING ACCOMMODATION OR YOUNG PEOPLE RENTING ACCOMMODATION FAILS TO ADDRESS THE BROADER ISSUE OF HOUSING AFFORDABILITY “We have had dire predictions by one of Australia’s leading banks that Western Australia will have a shortfall of 90,000 homes by the middle of […]
RENTAL PRESSURE AND DECLINING MORTGAGE COSTS DROVE HOUSING CONSTRUCTION IN WESTERN AUSTRALIA TO ITS HIGHEST LEVEL SINCE 2010 Data published by the Australian Bureau of Statistics today show dwelling starts in the September quarter 2012 increased a seasonally adjusted 23.6 per cent to 5,166, its highest level since December 2010. UDIA (WA) CEO Debra Goostrey […]
IN WESTERN AUSTRALIA, 2012 WAS THE MOST ACTIVE YEAR FOR FIRST HOME BUYERS SINCE THE FEDERAL GOVERNMENT’S TEMPORARY STIMULUS ENDED IN 2009 Figures published yesterday show that the number of First Home Owner Grants (FHOG) paid in Western Australia increased 28 per cent to 17,171 in 2012. “Throughout 2011/12 first home buyer momentum drove the […]
REGARDLESS OF WHAT YOU ARE LOOKING FOR, THERE ARE NUMEROUS OPTIONS AVAILABLE FOR POTENTIAL NEW HOME BUYERS. With summer well and truly in full force and the return to work imminent, people often have a good look at their lives and, in some cases, make the New Year’s resolution to start looking for a new […]
GOVERNMENT AGENCIES PUBLISHED MYRIAD STRATEGIC PLANNING DOCUMENTS IN 2012, NOW THEY MUST BE THOUGHTFULLY IMPLEMENTED. This week the Minister for Planning released the State Planning Strategy, a worthy volume which outlines how we will move towards 2050 when our population is expected to have doubled to more than 5.6 million. The release brings to 23 […]
2012 POSED A NUMBER OF CHALLENGES BUT ALSO OPPORTUNITIES FOR THE PROPERTY DEVELOPMENT SECTOR. It was the night before Christmas and all through the house, not a creature was stirring, not even a mouse, unless of course you live in Perth where the rental vacancy rate has dropped to less than two percent and you […]