5 August 2020 Posted In: Uncategorized

WAToday

Land sales in Perth have boomed as buyers snap up new lots before government subsidies rolled out during the COVID-19 pandemic end in December.

But it also means Perth’s urban sprawl is set to continue, with the mortgage belt suburbs in the fringes of the metropolitan area topping the list as the hottest postcodes to buy new land in.

New data released on Tuesday by the Urban Development Institute of Australia shows Perth saw 3322 new lots sold in the June 2020 quarter, a new record according to the property body.

To read the story in full, click here.

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