WESTERN AUSTRALIA IS HEADING TOWARDS A SEVERE HOUSING SHORTAGE AS THE STATE CONTINUES TO EXPERIENCE RECORD POPULATION GROWTH. According to well respected economist, Paul Braddick from the ANZ, we are likely to be 90,000 dwellings short in Western Australia by the middle of this decade. According to the National Housing Supply Council we were already […]
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The West Australian The booming land sales market is defying logic, with demand skyrocketing while prices remain stagnant. New figures from the Urban Development Institute of WA show land sales grew 15 per cent in the December quarter, but prices were relatively stable with a one per cent increase in 2021. UDIA WA chief executive […]
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The West Australian Government building grants, mixed with increasing property prices in Perth, have potentially sped up growth in outer metropolitan suburbs. The increased population is pushing prices up in inner-city suburbs, making housing in close proximity to the CBD unattainable for much of the Perth population. However, the constant redevelopment of large outer business […]
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