UDIA WA CEO Tanya Steinbeck spoke to Perth LIVE with Oliver Peterson regarding the current state of the land market following another quarter of promising results as showcased in the latest edition of UDIA WA’s Urban Development Index. Listen to the chat here from 1:20:00. UDIA WA members can access the full edition of the […]
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FIVE MONTHS OF STRONGER PROPERTY MARKET ACTIVITY IN 2012 SUGGESTS THAT THE TOUGH PROPERTY MARKET CONDITIONS IN 2010 AND 2011 ARE BEHIND US. Data released this month by the Australian Bureau of Statistics indicate that the rate cuts in May and June are starting to have a positive effect which is a good thing for […]
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RE-SELLING OF VACANT LAND BECAME A KEY FEATURE OF THE MARKET DURING THE PERIOD OF STRONG PRICE GROWTH IN 2003 TO 2006, BUT SINCE THIS TIME THE RETURN ON SPECULATIVE LAND PURCHASES HAS CONSIDERABLY DECLINED. Land speculation is a risky investment but when the Perth residential land market was experiencing strong demand and price growth […]
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