FOREIGN INVESTMENT INTO REAL ESTATE HAS BEEN HOTLY DEBATED, PARTICULARLY ON THE EAST COAST WHERE A PRICE SPIKE WAS LINKED TO OVERSEAS BUYERS. WHAT A LOT OF PEOPLE DON’T REALISE IS THAT THE CURRENT SITUATION IN AUSTRALIA, INCLUDING THE RELEASE LAST WEEK BY THE FEDERAL GOVERNMENT OF A DISCUSSION PAPER OUTLINING NEW FEES, WAS TRIGGERED […]
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UDIA WELCOMED LAST WEEK’S ANNOUNCEMENT BY THE PLANNING MINISTER OF NEW GUIDELINES FOR THE PREPARATION OF DEVELOPMENT STRUCTURE PLANS. Most people will look blankly at you when you start to talk about structure plans but they are the first round of planning that occurs for new sites. They are intended to give a broad understanding […]
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Australian Property Investor Magazine Investors are heading west as Perth’s relative affordability, strong economic conditions and continued population growth fuel demand for housing across Western Australia’s capital. The latest figures from UDIA WA’s Urban Development Index show that lot sales increased by a massive 92 per cent over the last 12 months, with 2,440 lots […]
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