When baby boomers are moving to an apartment – they may be downsizing in the floor size they plan to live – but not on their mortgage or lifestyle!
While 2017 is a peak year for apartment delivery, Urbis still predicts a shortfall by 2020.
While Perth has the most affordable land in the Nation – we need to start diversifying our economy and population to stimulate this sector.
The most recent WA Apartment Advocacy data has shown that renters and owner occupiers are showing a preference for bigger apartments for their next choice. There is change in the air!
While PropertyESP has been providing examples of property buoyancy in Perth for the past 12 months – the Eastern States is finally also on board!
Applecross and Mt Pleasant apartments have defied the odds and are now back to the peak 2011 price point. There are some suburbs that defy the norm and these are two of them!
While renters are showing a preference to apartments the trends show that they are seeking more space and amenities. The WAAA survey reveals the true nature of renters!