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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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JULY PROPERTY MARKET UPDATE
A SUMMARY FROM THE INSTITUTE’S LATEST ECONOMIC AND HOUSING MARKET UPDATE KEY POINTS Markets put chance of August rate cut at 64 per cent. Housing investment surges in May. House price expectations decline, but remain…
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KEEP ENERGY EFFICIENCY IN MIND WHEN BUILDING
ONE OF THE WAYS THAT HOUSEHOLDS CAN REDUCE THEIR POWER CONSUMPTION IS TO DESIGN THEIR HOMES TO BE A NATURALLY COMFORTABLE TEMPERATURE The West Australian’s front page story on Monday regarding the push for higher…
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PUTTING THE PULSE IN PLACES
WHAT TAKES PLACE INSIDE AND BETWEEN THE BUILDINGS IN WHICH WE LIVE AND WORK CAN EITHER GREATLY ENCOURAGE SOCIAL CONNECTION OR CONTRIBUTE TO A SENSE OF LONELINESS. THIS HIGHLIGHTED THE IMPORTANCE OF PLACEMAKING AND THE…
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NEW DWELLING FINANCE AT 19 YEAR HIGHS
WESTERN AUSTRALIAN HOME LOAN APPROVALS ROSE IN MAY, WITH LOANS FOR NEW DWELLINGS REACHING 19 YEAR HIGHS The number of loans for homes purchased by owner-occupiers rose 4.0 per cent in seasonally adjusted terms compared to…
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PERTH RENTAL LISTINGS DOUBLE
THE NUMBER OF RENTAL VACANCIES IN THE METROPOLITAN AREA HAS DOUBLED IN SIX MONTHS TO 4066 AT THE END OF JUNE, ACCORDING TO REIWA. THE LIFT IN LISTINGS HAS PUSHED THE VACANCY RATE TO 3.2…
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DISABILITY, AGING AND THE PROPERTY SECTOR
THE CHALLENGE OF DELIVERING SUFFICIENT ACCOMMODATION THAT COMPLIES WITH THE REQUIREMENTS OF “UNIVERSAL ACCESS” IS CONSIDERABLE An interesting document was released recently by URBIS which looked at disability care and the property sector. They quoted…
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UNDERSTANDING LAND SALES DATA
AFFIRMATION THAT LAND SALES VOLUMES ARE INCREASING OR DECREASING IS UNFORTUNATELY A POST-HOC PROCESS IF YOU ARE RELYING SOLELY ON FINAL SETTLED SALES DATA While Landgate (the state government’s land information provider) sales data is…
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PERTH HOUSE PRICES TO RISE 15 PER CENT
BIS SHRAPNEL IS FORECASTING PERTH’S MEDIAN HOUSE PRICE TO RISE BY A TOTAL 15 PER CENT OVER THE THREE YEARS TO JUNE 2016 (FROM $520K TO $598K), ALTHOUGH THIS WILL BE PRIMARILY CONCENTRATED IN 2013/14…
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POPULATION GROWTH SLOWS IN DECEMBER QUARTER
WESTERN AUSTRALIA’S POPULATION GREW BY AN AVERAGE OF 1,432 PEOPLE EACH WEEK DURING THE DECEMBER QUARTER, DOWN FROM 1,613 THE PREVIOUS QUARTER AND THE SLOWEST INCREASE SINCE DECEMBER 2011. BUT, ACCORDING TO THE ABS ESTIMATES,…