Australian Property Investor Magazine
Planning reforms and funding to encourage urban infill development are at the centre of a WA Government drive to ease critical housing shortages in the state and limit urban sprawl in Perth.
An $80 million fund is to be set up by the Western Australian Government to ease critical housing shortages in the regions and to promote higher density city living centred around public transport.
The Infrastructure Development Fund was revealed by Premier Mark McGowan as part of his Vision for the State speech at a Property Council WA event.
Equal funding will be made available for metropolitan and regional areas, with $40 million allocated for proposed apartment developments in urban infill and Metronet station precincts.
Mr McGowan said he wanted to provide families with better, more affordable and sustainable transport options.
To read the article in full, including comments from UDIA WA CEO Tanya Steinbeck, click here.