RENTAL PRESSURE AND DECLINING MORTGAGE COSTS DROVE HOUSING CONSTRUCTION IN WESTERN AUSTRALIA TO ITS HIGHEST LEVEL SINCE 2010 Data published by the Australian Bureau of Statistics today show dwelling starts in the September quarter 2012 increased a seasonally adjusted 23.6 per cent to 5,166, its highest level since December 2010. UDIA (WA) CEO Debra Goostrey […]
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WA Business News Property industry bodies say it is local governments, not development assessment panels, which need to eliminate uncertainty in the planning process. Outdated planning policies have been blamed for flashpoints of frustration emerging in the state’s development approvals process, with developers calling for an overhaul of planning frameworks and approvals systems to eliminate […]
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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 continues to underpin wealth accumulation throughout people’s lives, whether it is through the family home or other real estate investments. […]
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