1. Skip to navigation
  2. Skip to content
  3. Skip to sidebar

Property News

WA improves planning strategy

March 19, 2012

A vital component of any successful residential or commercial property investment is long term planning capable of fostering growth.

According to the Property Council of Australia, Western Australia has been effective in its particular strategy for future expansion.

Planning minister John Day was pleased with to see improvement in the states performance on the Property Council of Australia’s Development Assessment Report Card 2012.

"The state government has made planning reform a key priority and supported an ambitious reform agenda," he said.

The 5.3 to 7.1 advance in scoring from last year reflects what the Property Council of Australia acknowledged as significant improvement in WA's planning system.

Placing just behind the Northern Territory, Western Australia made substantial gains in the two years since it launched a new agenda to create a more efficient structure.

Mr Day said: "This report card highlights WA’s introduction of leading practice initiatives such as development assessment panels, the current Residential Design Code update and considerable advancement of both metropolitan and regional strategies."

The report may encourage commercial and land investment in the area as the gains reflect positivity for the economic climate of the region.

Related Articles

Geraldton infrastructure improvements may attract property investment

The Geraldton property market may have more to offer than ever before thanks to a $17.7 million ...
read more

Tom Price receives $10m makeover

Commercial property investment in rural Western Australia may become more attractive, with the ...
read more

Perth city square may attract property investment

The multimillion-dollar development of a new city square in Perth's CBD is set to become one of ...
read more

Latest Articles

Is it time for a change?

Is your current home not quite right for your needs? Whatever the reason, you might sell your ...
read more

Growing home lending figures in Western Australia highlight construction rise

Anyone interested in buying land in Western Australia and building their own residential property ...
read more

Calls to keep stamp duty exemption for first home buyers in Western Australia continue

The Real Estate Institute of Western Australia (REIWA) has stood up or the rights of first home ...
read more