RESIDENTIAL LAND SALES IN PERTH REACHED ITS HIGHEST LEVEL SINCE THE PEAK OF NEW DWELLING DEMAND IN EARLY 2006 The largest developers in Perth recorded a 23.4 per cent rise in land sales over the December quarter and 77 per cent more sales over the year. Urban Development Institute of Australia (WA Division) CEO Debra […]
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WA BUSINESS NEWS Stuart Gardiner acknowledges the past few years have not been easy for those in Perth’s land development business. He says 2017 was a good example, with the latest data from the Real Estate Institute of Western Australia showing a 17 per cent decrease in residential lot sales in the 12 months to […]
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IT IS WIDELY REPORTED THAT LAND VALUES SHOT UP DRAMATICALLY LAST DECADE, BUT SO DID THE VALUE OF HOMES BUYERS WERE BUILDING; AND JUST LIKE LAND PRICES, NEW HOMES PRICES HAVE NOT INCREASED FOR FIVE YEARS. The price of land was often cited as the main reason for new home prices shooting up dramatically between […]
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