The wellbeing factor of regional suburbs has been measured on indicators such as health,environment,jobs and income. But it comes at a price.
Meanwhile,a financial analyst told a property summit that Sydney unit prices and rents needed to rise by 30 per cent to make new developments more viable.
Experts say it’s been years since the market has favoured renters,and it would take years of high vacancy rates to reverse the rental crisis.
Industry analysis says apartments can’t be built for a price buyers are willing to pay in most of the 37 suburbs captured by the government’s transport-oriented development program. Others are not so sure.
Ahead of his anniversary as premier,WAtoday grilled Roger Cook on some of the more uncomfortable issues facing the government he’ll take to the next election.
As demand outpaces housing supply,seven-figure price tags are becoming increasingly common across Perth suburbs.
While building more homes is a part of the solution,experts say there are other measures that could bring property prices down.
But the government says most of the costs associated with proposed rental standards will be offset by savings from more-energy-efficient homes.
New height limits and other planning controls could be intensified if they fail to deliver enough new homes,the state’s planning boss says.
Some pockets of south-east Queensland are among those with the highest rate of mortgage stress in Australia. Is your postcode one of them?