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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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ISSUES CREATED BY THE SHRINKING LOT
ONE OF THE VERY OBVIOUS CHANGES OVER THE LAST TWO DECADES HAS BEEN THE PROPORTION OF THE LOT TAKEN UP BY THE DWELLING. Analysis of Landgate data shows that since 1993 the size of residential…
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MOST HOUSEHOLD EQUITY IN PROPERTY
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…
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INFRASTRUCTURE NEEDS NOT MET
UDIA SUPPORTS THE ORDERLY ROLL OUT OF LAND FOR URBAN DEVELOPMENT. HOWEVER IT RECOGNISES THAT, IN A PROPONENT DRIVEN SYSTEM, THE LAND OWNERS MAY NOT WANT TO, OR BE ABLE TO, DEVELOP WHEN IT IS…
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MAXIMISING YOUR ENVIRONMENTAL RETURNS
The argument about whether or not environmental initiatives undertaken by developers resonate with buyers, and are useful selling points, has been around for some time. SMR’s “What Home Buyers Want” survey conducted across 20 residential…
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NEW APPROACH NEEDED TO COUNTER FIRE RISKS
THE RECENT BUSHFIRES HAVE WREAKED HAVOC ON LOCAL COMMUNITIES, DESTROYING PROPERTY AND LEAVING RESIDENTS TO RETURN TO THEIR HOMES WITH THE SCARRED LANDSCAPE A LONG TERM REMINDER; AND THEY ARE THE LUCKY ONES. We had…
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WA BUILD TIMES NATION’S LONGEST
RECENT ABS DATA CONFIRMED WHAT MANY WESTERN AUSTRALIAN’S SUSPECTED, THAT BUILDING A HOUSE IN WESTERN AUSTRALIA TAKES LONGER THAN ANYWHERE ELSE IN AUSTRALIA. The ABS analysed average dwelling completion times around Australia and found that…
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OVER 20,000 WA FIRST HOME BUYERS IN 2013
2013 WAS THE MOST ACTIVE YEAR FOR FIRST HOME BUYERS IN WESTERN AUSTRALIA SINCE THE FEDERAL GOVERNMENT’S TEMPORARY GRANT BOOST ENDED IN 2009. The number of First Home Owner Grants (FHOG) paid in Western Australia…
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A LOOK BACK AT THE PERTH MARKET
BEFORE WE CAN UNDERSTAND HOW THE PERTH MARKET IS LIKELY TO BEHAVE IN 2014, LET’S FIRST TAKE A LOOK BACK AT DEVELOPMENTS OVER THE LAST COUPLE OF YEARS. Throughout most of 2011, dwelling sales were…
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OPPORTUNITY FOR SENATE ENQUIRY TO ADDRESS REAL ISSUES
IF WE ARE TO ADDRESS HOUSING AFFORDABILITY WE NEED TO REALLY UNDERSTAND COMMUNITY EXPECTATIONS. With Christmas just around the corner people are looking to those less fortunate than themselves. Last week the Senate Economic Reference…