Western Suburbs Weekly Perth land sales almost doubled in 2020, spurred on by government incentives. The Urban Development Institute of WA’s Urban Development Index recorded 10,035 new lots sales last year, compared to about 5200 in 2019. To read the article in full, which includes an overview of the key stats from the December edition […]
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STRONG POPULATION GROWTH, DECLINING MORTGAGE COSTS AND HEALTHIER PROPERTY MARKET ACTIVITY ARE DRIVING A CYCLICAL UPSWING IN DWELLING CONSTRUCTION, WHICH IS MOST PREVALENT IN PERTH. Perth is leading the dwelling construction recovery in Australia. During the first seven months of 2013, an average of 1,755 dwellings were approved for construction – a 34.3 per cent […]
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PAUL ROBERTS, ASSOCIATE AT RIDER LEVETT BUCKNALL, DISCUSSES HIS FORECASTS FOR CONSTRUCTION TIMEFRAMES AND COSTS IN WESTERN AUSTRALIA Growth in the Western Australian economy continues to surpass growth in all other states, supported by solid growth in private business investment. Household consumption growth was also strong, driven by the State’s strong population growth as well […]
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