
Perth apartment market looks positive in medium term
Samantha Reece attended the Property Council’s multi-unit development conference yesterday and came away with some great learnings that we will blog about over the forthcoming weeks. But of the highest level of interest was the presentation from David Cresp of Urbis who spoke about Perth’s apartment market. We are certainly hearing from clients that they are having to work harder to secure sales and the data outlined in the presentation indicated factors that were contributin

The Premier has a vision for WA
Samantha Reece of PropertyESP attended the Premier’s lunch last week with the UDIA and it was clear from the outset that Colin Barnett is definitely on the campaign trail 12 months out from WA’s next State Election. Appearing both frank and succinct, the Premier reminded the audience that the State had just come out of an unprecedented period, which had allowed Perth to bloom. He talked about the gold rush in the 1890’s and post war construction of Japan in the 1960’s and n

Has WA hit rock bottom?
Samantha Reece of PropertyESP attended an interesting lunch this week with Mark Pownall of WA Business News. The topic of the lunch was WA’s current business scene and how the state was positioned in the current economic climate. Certainly some of the information on property sales and building pipeline that Mark shared with us showed that Perth was coming off a relatively strong high. But the signs are there that we are once again moving through a cycle. We reached a peak in

Car bays still part of the equation
So PropertyESP has just finished taking a look at car ownership for the Cockburn/Atwell/Success and Ellenbrook areas, after conducting our recent TOD study (see last blog J). We were interested to see, if a Transit Orientated Development (TOD) did in fact impact on car ownership and secondly we wanted to understand, just what were people’s expectations, when it came to car bays – especially for the built form. What we found was that Cockburn did in fact have a larger percenta
Save our Census - the Property Industry needs it too
A couple of weeks ago the media reported that the ABS was considering abandoning the Census, running it less often or replacing it with a smaller sample survey. The Census is expensive to run and several other countries have already made the change or are considering doing so. The property industry is blessed with great sources of quality data. Government departments (Landgate in WA) keep detailed records of property sold, when it was sold, for how much and details on the na