Domain.com.au Perth house prices are on track to rise faster than any other Australian capital city in 2021, thanks to a strong economy, a tight rental market and the state’s response to COVID-19, according to property experts. Urban Development Institute of WA chief executive Tanya Steinbeck said Perth’s extremely tight rental market due to a […]
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UDIA SUPPORTS THE ORDERLY ROLL OUT OF LAND FOR URBAN DEVELOPMENT. HOWEVER IT RECOGNISES THAT, IN A PROPONENT DRIVEN SYSTEM, THE LAND OWNERS MAY NOT WANT TO, OR BE ABLE TO, DEVELOP WHEN IT IS THEIR “TURN.” When the major strategic planning strategy, Directions 2031, was first being developed under the then newly elected Barnett […]
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STOCK LEVELS HAVE DECLINED BY A THIRD, SALES ARE AT SIX-YEAR HIGHS; THIS WILL INEVITABLY PUT UPWARD PRESSURE ON PRICES. Six months ago, I mentioned that the fundamentals had shifted dramatically in favour of new dwellings and this would translate into further increases in land sales and eventually construction. Land sales in Perth subsequently increased […]
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