Business News The state government is making a major push for more medium-density housing, but market conditions and community sentiment loom as major hurdles for developers. With dwelling diversity a key component of Western Australian state government policy, developers are keen to embrace opportunities to deliver more density across the metropolitan area. To read the […]
Read more
Business News Townhouses are emerging as an attractive option for developers and consumers amid housing affordability challenges and risks around multi-residential projects. While building approvals for semi-detached dwellings fell in the five years to 2021, recent industry moves show this housing type is rising in popularity. Analysis by Perth property consultant Urbis of Australian Bureau of Statistics data shows […]
Read more
ACCORDING TO ABS DATA, OWNER OCCUPIED HOUSEHOLDS HAD A HIGHER LEVEL OF NET WEALTH THAN THOSE THAT RENT. With households in Perth having, on average, net property assets of $420,700, it is clear that property continues to underpin wealth accumulation throughout people’s lives, whether it is through the family home or other real estate investments. […]
Read more