General consumer confidence has really gotten a rattle at the moment, and its creeping into the property market all over Australia. The recent Interest rate rises are front and centre of people’s minds, and the knowledge that there is more to come. Cost of living is rising sharply, with CPI rising [...]
Quarterly Finance Insights by Troy Clayton and Anton Flynn I am writing this report based on a Core logic report I received on May 2nd and since then a lot has happened. Let’s see where the world is taking us this quarter. Banks and lenders are very astute and [...]
What impact are the new regulations going to have your development? The new medium density codes were due for rollout in Western Australia in 2021. After considerable consultation and significant concern during community consultation however, and some reshuffling of priorities in the department of planning's agenda, the rollout was pushed back [...]
Quarterly Finance Insights by Troy Clayton. Hands up all of you that are tired of hearing about COVID. Aside from an endless stream of news for the media, the main result of this pandemic seems to be uncertainty. To banks and lending institutions this is a heartburn inducing scenario where the [...]
This article has been carefully put together to provide Perth property market predictions for 2022. It has been a wild and abnormal year in the real estate and the development space in Western Australia since Covid-19 started. A lot of organic and artificial factors have impacted real estate demand in this [...]
Learn all about infrastructure and Public open space charges in Western Australia. When subdividing or developing land in western Australia, there are many different costs that the average developer realises in the course of doing a deal. There are all the regular fees and charges around surveying, engineering, design and [...]
Consider your net tax position, not gross This article has been prepared to highlight the importance of careful tax planning and advice before developing larger parcels of land in Australia. Many landowners are of the view that taking full responsibility for developing their own property will put them in a better [...]
When the WA border re-opens, what will happen to the Perth housing market? It would be an understatement to say that the COVID pandemic has had some interesting impacts on global markets. The effect at home has been varied – Perth has arguably benefited in many areas. The explosion in housing [...]
Rural subdivision overview for developers Rural Subdivision in country WA is a slightly different endeavour to subdividing land in the city. There are many other considerations from an economic, social, environmental, and planning perspective to consider. I will focus particularly on these in this article and remind the reader that [...]
A property developers market update for the year ahead in Western Australia The West Australian property market had been on a steady slump trajectory for the better part of a decade leading up to 2021. Early last year we saw the green shoots of a long-anticipated Perth property market recovery [...]
What are the risks in property development? Seven mistakes developers make by overlooking the risks in property development. Although it can be lucrative and you can make a lot of money, most people appreciate there are a lot of potential risks in property development. The problem is, most people don't know [...]
Planning Reform for Western Australia : Overview On Wednesday the 20th of May, the Western Australian State Government announced an Action Plan for Planning Reform as part of COVID-19 economic recovery measures. Significant legislative, regulatory and policy changes will be implemented over the coming months to support Western Australia’s COVID-19 economic [...]
We have put together a data driven insight into how the COVID-19 pandemic will impact property developers and investors in Perth and Western Australia. This special release 10-page guide has been carefully collated with the help of 5 respected Perth experts in their respective fields; Real estate agency licensee Commercial finance broker [...]
Perth Property Forecast 2020 - a Good News Story This article will discuss, for the first time in many years, a positive Perth property forecast. 2020 is going to be the year that the Perth property market starts to recover. For property developers, this is good news. Perth has been hit [...]
Subdividing Land and Building in Western Australia Subdividing land and building new dwellings will continue to play an important role in providing housing opportunities for the states growing population. In this article we will explore why, from a planning perspective and development economics perspective. Whether you’re subdividing one block into two [...]
Development Site Finder Metrics - The Rule of Three What are the best suburbs to develop and subdivide in? Want to become an expert development site finder? Well, becoming an expert development site finder requires skill and expertise. This article will explain the metrics you should be assessing when considering which [...]
An Overview of The R Codes WA - How do They Effect You? Do you know what the R-codes are? Did you know they have been recently updated? For the purposes of small lot subdivision and infill development in western Australia, the most important reference document is State Planning Policy 7.3 [...]
Is a Residential Property Syndicate a Good Idea? Should I use a property syndicate to fund a project? What is a property syndicate? is it smart to get involved in one? Should I form one? Lots of people getting into subdivisions and property development will stumble across the concept of a [...]
What is a Property Easement or Covenant? What is an easement on a property? What is a covenant? what is the difference? If you have purchased, or are looking to purchase and develop land in Western Australia, it is likely that you have come across the term the terms Covenant or [...]
Two Saturdays ago, the liberal party under the leadership of Scott Morrison, delivered an unexpected but welcome election victory for property developers, mortgage brokers and real estate investors in Perth, many of whom were nervously sitting on the sidelines expecting the opposite result and more years on the property doldrums. They [...]
Design WA - the Future of Development Design and Assessment Have you heard about the new Design WA? Do you know that it will have a major impact on your infill property development ambitions? There have been big changes to the planning framework for residential development in WA, with more scheduled [...]
Property Development Finance in a Tough Lending Market Getting the Right Property Development Finance for Your Project Have you heard of the expression "no money, no project?". Nothing is truer said. Many developers fail to get projects off the ground or delude themselves about a projects viability because they make erroneous assumptions [...]
How to become a real estate developer who makes money Want to learn how to become a real estate developer? What you really want to do is become a successful one, and that requires a skillset and understanding of key principles, that are explored in this article. This article will provide [...]
How to Become a Property Developer Today Ever wanted tot learn how to become a property developer that does successful deals? Well, this article will provide 5 tips on how to become a property developer, that if acted upon, will keep you focused and put you ahead of the pack in [...]
The McGowan Government’s announcement early this month that it will lift Keystart loans by more than $400 million to stimulate housing demand is good news for subdivision in the Perth property market. The stimulus package, aimed at lower-income earners, is particularly relevant in WA as nearly 80% of Keystart loans in [...]
Incorporating Special Purpose Dwellings into Subdivisions The Residential Design Codes of Western Australia has a specific (and mostly unknown) section devoted to the provision of special purpose dwellings in residentially coded areas of the community. These are; Ancillary dwellings (can be granny flats in WA, in this instance they are not [...]
The Subdivision Cost Calculator: Is my Project Worth It? Do you know how accurately calculate subdivision costs and your projects viably? Do you know what residual land value is? You need to become an expert subdivision cost calculator to ensure your developments are profitable, and that means understanding how to compile [...]
Subdividing in Bushfire Prone Areas of WA Subdividing rural land, or subdividing land in bushfire prone areas, is becoming increasingly common in Western Australia. Many people are finding themselves in the position of having to jump through extra planning hoops in the process. Councils have infill targets that they need to [...]