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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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WA’s construction costs largely behind Reserve Bank’s decision to hold cash rate
The West Australian WA’s construction inflation was a key factor in the recent decision by the Reserve Bank of Australia to keep the cash rate on hold, with the State leading the nation in that…
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State receives affordable housing boost
Business News A funding boost from the federal government’s $10 billion housing fund is set to trigger the construction of 515 social and affordable homes in Western Australia. Federal Housing Minister Clare O’Neil tonight announced…
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Perth in property marathon as price jumps $65,000 over the year
The West Australian Perth’s median dwelling price has hit a new peak of $836,000 after jumping $65,000 over the past year — more than most households can save — with anticipated interest rate cuts set…
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Perth’s residential land is in short supply despite rising demand
The West Australian About half of Perth will run out of land zoned for homes in as little as four years — potentially extending the city’s soaring property prices — warns one of Australia’s land…
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Housing affordability declining: BCEC
Business News A growing number of Western Australians are experiencing housing stress and supply is failing to keep up with demand, new research shows. The Bankwest Curtin Economics Centre’s latest housing affordability report reveals that…
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Apartment starts at a low point
Business News High construction costs and skills shortages are continuing to impact Perth’s new apartment market, with just 19 per cent of projects approved since 2020 under construction. Urbis’ recent Apartment Essentials data shows that…
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Perth’s soaring land prices show few signs of slowing down
Australian Property Investor Perth property buyers continue to seek new land purchases but are finding it increasingly difficult to access a limited market. The latest figures from UDIA WA’s March 2025 quarter Urban Development Index…
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Former Premier Colin Barnett’s Quay to success
The West Australian Former premier Colin Barnett has deemed Elizabeth Quay a success nine years after opening it, but has warned against spending too much money on a revamped waterfront convention centre. While EQ is…
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Renewables projects slowly taking shape
Business News The future shape of WA’s energy market has become a little clearer this year, but there are many pieces needed to finish the puzzle. Goldmining giant Newmont is one of the largest energy…