The West Australian, Wednesday 27 September 2023 WA apartment approvals plunge to lowest level since 1983. Perth is at risk of becoming a “developer’s graveyard” unless more incentives are introduced to kickstart apartment projects, as startling new ABS data reveals unit approvals in July plunged to their lowest level since records began in 1983. Industry […]
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Australian Property Investor Magazine Expert opinion piece by UDIA WA CEO Tanya Steinbeck. Perth is facing a drastic shortfall in new homes over the next couple of years but the city remains the most affordable for real estate investors looking for vacant blocks to develop. The ‘Lucky Country’ is fast turning into the ‘Impossible Country’, […]
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IT’S EARLY DAYS, BUT CONFIDENCE IN PROPERTY IN THE SOUTH WEST IS TURNING AND WILL CONTINUE TO IMPROVE IN 2013 It is common for regional property markets to experience deeper troughs than the Perth metropolitan area as spending on holiday homes virtually ceases when the market turns down. But local economic factors remain at the […]
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