Stamp duty rebates for off-the-plan buyers in WA

WA BUSINESS NEWS Builder David Simpson is increasingly confident Western Australia has hit the bottom of its housing slowdown and forecasts better times ahead.

The West Australian More than 160,000 new blocks of land will be created across Perth in what is seen as a significant long-term solution to the city’s chronic housing shortage. The massive land release — mostly in the outer suburbs — will support about 385,000 people, a population four times bigger than the western suburbs. […]

The Market Herald Perth is facing a housing supply crisis, with demand expected to surpass supply in the next three years, according to a recent report. The report from the Urban Development Institute of Western Australia (UDIA WA) said restrictive planning controls, infrastructure constraints and land fragmentation made it difficult for new supply to hit […]