PROPERTY Council executive director Joe Lenzo has criticised the State Government for relying on a high number of property transactions to fund essential services.
AFTER years of lacklustre growth and playing second fiddle to southern regional centres, the Mid-West regional city of Geraldton is experiencing a change in fortunes. And investors are beginning to take note.
WITH the lifestyle themes becoming more important in the marketing of residential estates, it is common for these developments to be built around recreational facilities such as golf courses, ornamental lakes or marinas.
Driven by different economic factors, investment into commercial and residential developments tends to follow a cyclical pattern. Tracey Cook examines how the current development market is faring.
THE 100-metre setback guideline for all development in the State Government’s new coastal planning policy has received a mixed response from the property development industry.
HOME construction is becoming an increasingly attractive option as the median house price pushes through the $200,000 mark, with growing numbers of Perth investors sinking their money into house and land packages.
MORTGAGE broker, Mortgage Choice has recorded a growth of 34 per cent in Western Australian home loan approvals for the March quarter 2003, compared with the same period in 2002.
IN general terms a ‘developer’ is considered to be an investor in property, whether it be a construction company that also undertakes its own development projects, or a property assets trust developing a recent acquisition.
A RECENT economic impact report has highlighted the State’s billion-dollar land development industry as a major employment generator and contributor to the economy.
THE rapid pace of technological change has presented building managers and property developers with a new dilemma – what technology infrastructure should they implement?