Category: Uncategorized
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SHORT SUPPLY ACUTE WHEN MARKET TURNS
FIRST HOME BUYERS PLAY A CRITICAL ROLE IN THE PROPERTY MARKET BECAUSE THEY HELP TO “UNCLOG” THE MIDDLE MARKET. In a normal market first homebuyers are about 20 to 25 percent of the market but…
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AN EMOTIONALLY CHARGED RECOVERY
WHILST THE FUNDAMENTALS FOR A CONTINUED UPLIFT IN PROPERTY ACTIVITY ARE STRONG, PROPERTY MARKET MOMENTUM WILL BE MAINTAINED AND EXACERBATED BY EMOTIONAL FACTORS Strong economic growth, record population growth, a tight rental market, decreasing mortgage…
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NEW GUIDELINES A POSITIVE STEP
UDIA WELCOMED LAST WEEK’S ANNOUNCEMENT BY THE PLANNING MINISTER OF NEW GUIDELINES FOR THE PREPARATION OF DEVELOPMENT STRUCTURE PLANS. Most people will look blankly at you when you start to talk about structure plans but…
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APARTMENT LIFE MORE APPEALING
SOMETIMES WHEN WE REFER TO DEVELOPERS MANY PEOPLE THINK OF BIG CORPORATE ENTITIES BUT THERE ARE MANY OF US INVOLVED AT A FAR SMALLER SCALE There are currently over seventy thousand lots with conditional approval…
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FOREIGN INVESTMENT IN REAL ESTATE
REAL ESTATE HAS TRADITIONALLY BEEN SEEN AS A LOCAL BUSINESS BUT INCREASINGLY WE ARE SOURCING FUNDING , MATERIALS AND EVEN BUYERS FROM OVERSEAS. In WA, whilst we have had massive foreign investment into mining, we…
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FIVE YEARS ON AND NO RECOVERY
A LOOK AT HOW ACTIONS FIVE YEARS AGO PRECIPITATED SUBDUED MEDIUM AND HIGH DENSITY DEVELOPMENT IN WESTERN AUSTRALIA On the face of it, Friday August 10, 2007 isn’t the most memorable date on the calendar.…
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SIGNS OF IMPROVEMENT IN 2012
FIVE MONTHS OF STRONGER PROPERTY MARKET ACTIVITY IN 2012 SUGGESTS THAT THE TOUGH PROPERTY MARKET CONDITIONS IN 2010 AND 2011 ARE BEHIND US. Data released this month by the Australian Bureau of Statistics indicate that…
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PRODUCTIVITY COMMISSION REVIEWS LOCAL GOVERNMENT REGULATORY ROLES
BUILDING, PLANNING AND LAND-USE REGULATIONS ARE THE LARGEST BURDENS IMPOSED ON BUSINESS BY LOCAL GOVERNMENTS IN AUSTRALIA, ACCORDING TO THE PRODUCTIVITY COMMISSION’S MOST RECENT REPORT, “PERFORMANCE BENCHMARKING OF AUSTRALIAN BUSINESS REGULATION: THE ROLE OF LOCAL…
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A NEW URBAN PLANNING SYSTEM FOR NEW SOUTH WALES
AFTER YEARS IN OPPOSITION, THE INCOMING COALITION GOVERNMENT IN NSW HAS FOCUSSED ITS ATTENTION ON THE ANAEMIC RESIDENTIAL CONSTRUCTION SECTOR IN THE STATE First off the rank was a budget in June that places a…