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The Urban Development Institute of Australia (UDIA) is Australia’s peak Representative body for all segments of the Urban Development Industry. The institute has been representing the industry in Western Australia for more than 40 years.
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Former Princess Margaret Hospital site land released
Business News Two lots of land at the former Princess Margaret Hospital site in Subiaco have been officially released for development. Known as 1909 Subi East, the lots will allow for two 17-storey towers on…
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Land tax relief carrot for rental market developers
Business News Developers will be able to access a 75 per cent land tax exemption under the latest state government move to increase the number of rental properties in Western Australia. Lifting the current 50…
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WA ‘dragging the chain’ on density: Lawless
Business News Tim Lawless says Western Australia is “dragging the chain” on apartment builds compared with other states, but signs are pointing to a recovery. Speaking at an Urban Development Institute of Australia WA event…
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Rental prices in WA soar 66pc in five years, the biggest increase in the nation, Cotality data shows
ABC News Rents in Western Australia have surged more than 3.5 times faster than wages over the past five years off the back of the highest growth in rental prices in the country, according to…
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Reserve Bank interest rates: RBA ready to hike again if necessary
The West Australian. Deputy governor Andrew Hauser has declared the Reserve Bank will do “whatever is necessary” to slow inflation while again ringing the alarm on Australia’s productivity woes. The hawkish comments came one week…
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Perth continues to lead national house price growth
Business News Perth’s median house price is continuing to rise at a faster rate than other Australian cities, with a 2 per cent gain in January to more than $960,000. Cotality’s latest home value index…
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Soaring inflation in housing sector sees number of Perth property listings drop by 18 per cent over year
The West Australian Soaring inflation in the housing sector has resulted in the number of property listings in Perth dropping by 18 per cent over the year, with fewer than 2500 houses, units and blocks…
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‘Astronomical’ growth: Perth population surges, but can city meet the challenge?
The West Australian Within the next five years, another 200,000 people are set to call Perth home. With WA already the fastest growing population in the country for the past two years — growth some…
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First-homebuyer scheme ‘sugar hit’ forces WA property prices up, new analysis shows
The West Australian A “short-term sugar hit” provided to West Australians via an expanded Federal Government home deposit scheme has caused house prices to explode for lower and medium-priced properties, analysis shows. Latest Cotality data,…