Tuesday, 5 February, 2013 - 23:35
First homebuyers lead charge as land sales start to build again
Some green shoots are starting to emerge in property development after the post-GFC downturn.
Col Dutton, general manager for residential at Stockland WA, has over 20 years of experience in the property industry around Australia.
He was state president for Western Australia at the Urban Development Institute of Australia (UDIA WA) from October 2019 to October 2023, before moving to a national role as president of UDIA.
Rank | Company | 1 Yr | 5 Yr |
---|---|---|---|
405th | Astron Corporation">Astron Corporation | 34.05% | 28.67% |
406th | Nick Scali">Nick Scali | 33.82% | 25.56% |
407th | Stockland">Stockland | 33.79% | 7.03% |
408th | Freehill Mining">Freehill Mining | 33.79% | -23.16% |
409th | Enterprise Metals">Enterprise Metals | 33.63% | -14.11% |
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Some green shoots are starting to emerge in property development after the post-GFC downturn.
Leading property industry player Joe Lenzo says the proposed amalgamation of a number local councils would benefit property development in the state.
Property group Stockland has secured rezoning approvals for a residential development worth almost $600 million in the southern suburb of Banjup.
National residential developer Stockland has added to its Western Australian portfolio, acquiring two parcels of land totalling 65.7 hectares in two transactions worth a combined $58.1 million.Stockland said the two land parcels would add around 1,100 lots to its WA landholding.
Population growth is slowing, but Perth is still expanding and the challenges of a maturing city mean land developers are in for another busy year. The annual Special Report also includes an updated list of WA's biggest land developers.
Significant hurdles remain in meeting both government and consumer demand for urban infill developments.
Builders and land developers are increasing the roll out of ready-built homes to boost affordability and reduce the time between the purchase of a house and land package and the build’s readiness for occupation.
Stockland has begun rounding up retailers for its $51 million shopping centre at Harrisdale, part of its $661 million Newhaven residential development in the south-eastern suburbs.
SPECIAL REPORT: The state’s construction sector has developed a unique initiative aimed at minimising the prevalence and effects of depression and substance abuse.
SPECIAL REPORT: Last year couldn’t end soon enough for the state’s land developers, who are banking on a break from adverse conditions. Click through to see our BNiQ list of land developers.
ASX-listed property group Stockland has invested $91 million in the purchase of more than 4,600 residential lots across three metropolitan corridors in Perth, comprising a total 385 hectares of land.
ASX-listed property group Stockland is set to develop its fifth shopping centre in Western Australia after receiving state and local planning approvals for its Whiteman Edge Town Centre in Brabham.
SPECIAL REPORT: Another tough year has failed to dampen the spirits of many in WA’s land development sector, with key players gearing up for a brighter 2018.
Our weekly appointments wrap includes Peter McCafferty, Col Dutton, Andre Smit, Troy Morrison, Paige Exley, Matej Nvota, Sam Bowles and Greg Blenkiron.
Despite strong house and land sales in June, property players are wondering what’s next as the sector seeks sustainable long-term growth.
Construction has started on the new $30 million Brabham Whiteman Edge Shopping Centre, set to feature the state’s first click-and-collect drive-through via a new Coles Online fulfilment centre.
Construction has started on Stockland’s new residential community in Glendalough, the national land developer’s first urban infill project in Western Australia in more than 20 years.
Residential land developers hope the positive market momentum prompted by housing stimulus measures can be extended long term.
Land developers experienced strong demand in 2021 but are grappling with supply and labour constraints.
Market conditions are leading to a proliferation of townhouse developments across Perth.
John Carey has called on developers to shift their attitudes to social and affordable housing, at a UDIA event today.
Land developers are confident about the road ahead despite facing challenges on several fronts.
Analysis: The loss-making homebuilding arm of BGC has an uncertain future after announcing today it would stop new sales; more than 60 years after the business was founded.
Richard Pappas has stepped up to the helm of the organisation in WA as outgoing state president Col Dutton assumes a national role.
Buyers are flocking to the land market, resulting in price growth for developers.
Land developers are embracing inland areas and different housing types in a bid to meet the state’s housing needs.
OPINION shapers from the government, investment, transport and construction sectors were invited to the Business News boardroom to discuss the future development of Perth’s growing south-east corridor.
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Col Dutton is linked to 3 organisations which are included in 5 lists - Public Companies - non WA, Associations, Shopping Centre Owners, Property - Land Developers and Property - Commercial Owners.
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