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1,000,000 new homes required over next 5 years
The Housing Industry Association predicts that Australia needs to build a million new homes over the next 5 years to cater for population growth.
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Population explosion looms large over WA.
WA is to experience a significant population growth.
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Shortage of houses compared to migrants to WA
The growth of WA's population is running faster than the housing market can with supply of new homes, this will have implications on upward price pressure.
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The West Expects House Prices to Remain High
The booming econoimy is set to maintina demand for housing and therefor keep prices increasing.
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Rents to Rise 40%!
It is expected that rental returns are to increase substantially over the coming years due to accommodatioon shortages.
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WA boom will get even stronger
The WA Chamber of Commerce predicted that the economy is set to grow even quicker.
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Renters facing big price hikes
The rental market is experiencing a severe shortage of residential property, which is expected to translate into an increase in rental turns of 20% this coming year.
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China boom will fuel WA economy for a generation
The Chief Economist of AMP Capital and the Minerals Council of Australia both expect that the demand for iron ore, copper & nickel, mainly from China, will continue tto sustain the multi-billion dollar resource sector in WA for at least another generation.
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Boom will march on next year, says ABARE
The Australian Bureau of Agriculture and Resource Economics predicts that the value of iron ore exports will increase 36% in the 2006 / 2007 financial year.
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Mandurah is one of the World's most livable communities
From Mandurah scored very well in its category by an international panel of judges who rate Mandurah City highly in terms of the facilites and lifestyle it offers.
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Victorians flood to WA
Hundreds of Victorians are moving to WA every week to get work in WA's booming resources and construction industries.
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Snapshot 2026
Research commissioned by The Australian Newspaper indicate that house prices will quadruple over the next 20 years sending the price of the average home to $1.88million!
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Housing lack forecast to drive up rents.
The 30th October 2006 saw a report in the West Australian Newspaper stating that rents are exected to rise due to a shortage of housing.
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100,000 extra Workers required in Western Australia.