
Housing Affordability - Part 2
There has been much discussion lately about housing affordability and in particular with key workers. For the purposes of this blog post, we will focus on key workers as being nurses, teachers, police, firefighters and paramedics - all of which are important roles for our community and many of those roles tend to be located in some of Perth's more expensive suburbs. So how far should a key worker commute to work, just to serve the community in which you live? Those of you who

Housing Affordability - Part 1
Median housing prices have been falling in recent quarters, but at PropertyESP we also like to look at the long term trends. We've recently been delving into median price trends in the Perth market since electronic recording of property sales data began … back in 1988. As the Median Sales Prices chart shows, and as many of us who've been in the property industry for that long know, residential housing in Perth has undergone a long period of growth in sales prices. And that ri

When urban density becomes desirable
Some words of wisdom from Beth Dungey - our research guru! happy reading! The Sydney lobby group Urban Taskforce and McCrindle Research have developed the Urban Living Index using data sourced from the Australian Bureau of Statistics to measure the liveability of Sydney’s suburbs. The Urban Living Index measures liveability using the five areas of affordability, community, employability, amenity and accessibility. The Index found a link between density and liveability with so
Housing affordability opens doors!
I attended an interesting UDIA lunch where the topic of housing affordability was the key point of discussion. What I thought was most interesting, was that Housing Minister Colin Holt showed a map of Perth and in 2001, most suburbs, other than those within 10kms of the City were deemed affordable. In 2011, the only suburb regarded as affordable was in fact Kwinana. Certainly home ownership is still a romantic ideal for most West Australians, but for some – it could take 11 y