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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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DAPS FEEDBACK MIXED
THE DEPARTMENT OF PLANNING UNDERTOOK A REVIEW OF DEVELOPMENT ASSESSMENT PANELS RECENTLY AND FEEDBACK WAS MIXED. Development Assessment Panels (DAPs) were introduced into Western Australia in 2011 with the objective of increasing transparency, consistency and…
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INDUSTRY CONFIDENT OF STRONG SUMMER
URBAN DEVELOPMENT INDUSTRY PROFESSIONALS EXPERIENCED A STRONG LIFT IN WORKLOADS OVER THE LAST SIX MONTHS AND MANY EXPECT CONDITIONS TO STRENGTHEN FURTHER OVER SUMMER, ACCORDING TO THE LATEST INDUSTRY PREDICTIONS SURVEY. Sales activity and general…
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ACCESS TO THE CBD LOSING IMPORTANCE
WHERE WE LIVE AND WORK HAS IMPORTANT IMPLICATIONS ON OUR LIVES, BUT FOR THE MAJORITY OF PERTH’S RESIDENTS PROXIMITY TO THE CBD IS NOT A DECIDING FACTOR IN WHERE WE LIVE. We go to a…
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LOT SUPPLY LOOKS GOOD IN SHORT-TERM
UDIA RECENTLY RELEASED OUR “URBAN DEVELOPMENT INDEX” WHICH IS A SURVEY OF OVER EIGHTY DEVELOPMENTS. THE SURVEY COVERS AN ENORMOUS VARIETY OF INFORMATION BUT THE DATA THAT EVERYBODY LOOKS TO FIRST IS WHETHER THERE WILL…
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NOVEMBER PROPERTY MARKET UPDATE
PROPERTY IS BACK IN THE FRONT PAGES IN PERTH AND THE MEDIA ATTENTION WILL ONLY INCREASE AS WE HEAD INTO A SUMMER THAT IS EXPECTED TO BE THE SUNNIEST FOR THE PROPERTY DEVELOPMENT SECTOR SINCE…
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CAN YOU IMAGINE PERTH AT 6.6 MILLION
LONG-TERM PROJECTIONS DIDN’T EXPECT THE RAPID POPULATION GROWTH PERTH HAS EXPERIENCED IN RECENT YEARS AND THEREFORE THE DIRECTIONS 2031 FORECAST OF 2.2M IS NOW MORE LIKELY TO BE REACHED 15 YEARS EARLIER. Perth has come…
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PLANNING REFORMS ESSENTIAL
MOST PEOPLE ARE AWARE THAT THE COST OF INTEREST ON A LOAN CAN BE MORE THAN THE COST OF WHAT YOU PURCHASED, DEPENDING UPON THE INTEREST RATE AND THE DURATION OF THE LOAN. IN PROPERTY…
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STRONG SALES PUSH STOCK LEVELS DOWN
LAND SALES OF MORE THAN 40 PER CENT ABOVE HISTORICAL AVERAGES PUT FURTHER PRESSURE ON SUPPLIES IN THE SEPTEMBER QUARTER. A survey of over thirty major land developers by the Urban Development Institute of Australia…
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GRANT CHANGES LIFT FIRST TIME BUYER INTEREST IN NEW DWELLINGS
THE CHANGES TO THE FIRST HOME OWNER GRANT HAVE ENCOURAGED A FURTHER LIFT IN FIRST HOME BUYER INTEREST IN NEW DWELLINGS, WHICH HAS ALREADY BEEN THE TREND FOR SOME TIME. First Home Owner Grant application…