Browsing: property development

Western Australia is outperforming other states in housing development but still falls short of national targets. Despite progress, the region faces ongoing challenges to meet growing demand and affordability goals.

Local authorities consider streamlining approval for ‘pattern book’ house plans, potentially cutting review times to just 10 days. The move aims to speed up construction while maintaining design standards.

Soaring construction costs are challenging homebuyers nationwide, turning the dream of owning a home into a costly endeavor. Experts warn this trend may slow housing market recovery and limit affordability.

Housebuilders have agreed to pay £100m to settle disputes, avoiding a potentially lengthy legal decision. The deal aims to expedite compensation for affected parties and prevent prolonged court proceedings.