Urbis

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Engineering Consultants

Company News

Thinking of buying an apartment in Perth? Here’s what you need to know

Despite inadequate consumer protections, prospective home buyers in Perth are increasingly favouring apartments as affordability declines.

Apartment shortage critical

Only two apartment projects commenced construction in Western Australia in the first half of 2023.

Gold Coast apartment market records sales surge, and build to rent projects switched to build to sell

Apartment sales more than doubled between quarters.

Population growth and investment to drive Perth property market

WA’s strong economy and rising population are leading to upward pressure on home prices

Richard Kilbane elected president of Property Council WA

Mirvac General Manager Paige Walker previously held the position, having led the Property Council WA for the past two years and through Covid

Perth apartment market supply shortage looming, report finds

This is the first recorded quarter where there have been no new major apartment projects launched in Perth

Supply concerns plague Gold Coast apartment market

Urbis predicts 8.8 months of supply remains in the market, which may struggle to meet current demand

Gold Coast new apartment prices continue to rise with just 5.5 months of supply left

The median price of new apartments sold during the last quarter was $1.117 million, new data shows

DA lodged for $400M Gold Coast Park Lane development

The twin-tower Southport project will be 100 and 60 storeys high respectively, accommodating 197 apartments

Gold Coast apartment supply hits a new record low

The Gold Coast has just 3.3 months of apartment supply left, as demand remains relatively high