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?
PLANNING and Infrastructure Minister Alannah MacTiernan has appointed Peter McGowan, a barrister who has specialised in planning law, as the new chair of the Town Planning Appeal Tribunal.
THE construction of Exmouth Marina Village is already delivering benefits to the local economy, with LandCorp estimating about 20 per cent of the contracts value was flowing back to business in the Ga
