19 August 2021 Posted In: Uncategorized

The Property Tribune

Demand for new land in Perth remains high despite expectations that sales would fall after HomeBuilder and other stimulus measures had been removed, figures from the Urban Development Institute of Australia (UDIA WA) reveal.

UDIA WA CEO, Tanya Steinbeck, said the numbers show that while new land sales declined in Perth by 15% during the June 2021 quarter, they remained 60% above the same sales figures in 2019.

To read the article in full, including extensive comments from UDIA WA CEO Tanya Steinbeck, click here.

Related Posts

GROWING TREND FOR SMALLER PREMISES

NEW YEAR RESOLUTIONS ARE ALREADY A DISTANT MEMORY FOR SOME, BUT FOR THOSE LOOKING TO CHANGE WHERE THEY LIVE, THE PROCESS MAY BE JUST STARTING. A SIGNIFICANT GROUP OF THOSE LOOKING TO MOVE IN 2015 ARE SEEKING TO DOWNSIZE IN A TREND WHICH IS GAINING MOMENTUM AROUND AUSTRALIA. Research released in 2014 by Australian Housing […]

Read more

Perth running out of greenfield land, facing 20,000 home shortfall

Australian Property Investor Magazine Expert opinion piece by UDIA WA CEO Tanya Steinbeck. Perth is facing a drastic shortfall in new homes over the next couple of years but the city remains the most affordable for real estate investors looking for vacant blocks to develop. The ‘Lucky Country’ is fast turning into the ‘Impossible Country’, […]

Read more

Downsizing remains a challenge for asset rich, cash poor older Australians

The Property Tribune Downsizing in Australia is part of the broader housing diversity conversation. While there is growing momentum behind the idea of downsizing, major hurdles remain firmly ahead. At a UDIA WA event, Downsizer Economist in Residence, Michael Blythe, highlighted Australia’s aging population. In parallel, houses were also aging and becoming less suitable or unsuitable for older Australians. […]

Read more