The Perth property market continues to stabilise, with preliminary September quarter data revealing steady or improved levels across most key market indicators.
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The UDIA WA has awarded the 2017 EnviroDevelopment Chairman’s Choice Award - one of WA’s most respected and valued industry awards – to Rosehill Waters.
The Chairman’s Choice is one of the UDIA WA Awards for Excellence, specifically developed to acknowledge excellence and innovation in the urban development industry. The awards recognise outstanding achievements of high quality developments.
Perth home buyers looking to trade up are now seeing more opportunity in areas such as Peppermint Grove, Applecross and North Coogee, which topped reiwa.com’s list of affluent suburbs which have become more affordable.
New housing finance figures released last week by the Australian Bureau of Statistics (ABS) reveal first home buyers are returning to the market, according to the Real Estate Institute of Australia (REIA).
Perth’s property market showed signs it had stabilised in the June quarter, with the latest preliminary data revealing there was little change recorded to key market indicators over the three month period.
REIWA President Hayden Groves said while conditions remained softer, there were some positive indications the market had finally begun to settle.
WA property markets could go from the nation’s worst to its best-performed over the next two years as buyers regain confidence in the State and go cold on the rest of the country.
As South Guildford’s newest residential development, Rosehill Waters, gets underway, it comes with the news that it has been awarded a top environmental rating by the Urban Development Institute of Australia (UDIA).
Rosehill Waters is the first private development to be accredited by the EnviroDevelopment program under all six categories.
"Residents of Rosehill Waters are expected to use significantly less water than the average household in Perth, through waterwise design, water-efficient appliances and alternative water sources," Ms Davies said.