The West Australian Perth property is set for a drastic price hit because of constraints preventing the construction of 150,000 to 200,000 homes, according to the peak development body. The Urban Development Institute of Australia (WA) has revealed 24 per cent of all land zoned for development, and 18 per cent of land set aside for future […]
Read more
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 […]
Read more
THE DWELLING CONSTRUCTION PIPELINE IN WESTERN AUSTRALIA RECEIVED A FURTHER BOOST, WITH THE SEPTEMBER QUARTER RECORDING THE HIGHEST NUMBER OF DWELLING CONSTRUCTION APPROVALS SINCE 1988. Figures published by the Australian Bureau of Statistics today showed that dwelling approvals – a leading indicator of dwelling construction – in WA increased 6.3 per cent over the three […]
Read more