The Property Tribune The Community Titles Act 2018, set to allow for a new innovative and flexible form of land tenure, is now in effect in Western Australia. The reform gives effect to a new type of subdivision – the community scheme – which offers an alternative to stratas. The scheme enhances flexibility to management […]
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THE AUSTRALIAN FINANCIAL REVIEW The near-doubling of a new tax on foreign residential property investors in Western Australia has been criticised by development and property experts, who claim it will slow economic recovery. The recent state budget increased a residential foreign buyer tax from 4 per cent to 7 per cent before the commencement date […]
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The West Australian Government building grants, mixed with increasing property prices in Perth, have potentially sped up growth in outer metropolitan suburbs. The increased population is pushing prices up in inner-city suburbs, making housing in close proximity to the CBD unattainable for much of the Perth population. However, the constant redevelopment of large outer business […]
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