Acting today to avoid tomorrow’s housing crisis.
This report by the Urban Development Institute of Western Australia (UDIA) WA has revealed that Perth is projected to have demand outstrip supply within the next three years.
Threatening housing affordability in Perth, the Housing our Community: Acting Today to avoid tomorrow’s housing crisis report argues the industry is unable to deliver adequate housing due to restrictive planning controls, infrastructure constraints and land fragmentation.
Driven by rapidly changing economic conditions and labour requirements, demand for housing in WA has increased exponentially in the last 12 months with very little warning. Despite the State and Federal Governments’ stimulus programs targeting new build housing and the development industry rapidly increasing the short-term availability of lots, increased housing demand has resulted in a five per cent increase in the median Perth house price between June 2020 and March 2021.
- UDIA WA to establish a detailed housing supply monitoring program – live tracking housing supply and demand.
- Introduce a strategic approach to prioritising development areas and allow proponent led solutions to deliver housing supply.
- Establish State Government Growth Areas Team supported by a Housing Supply Advisory Group.
- Take control of infill delivery with district level planning strategies created by the State.
- Re-establish the primacy of planning as the critical foundation for a prosperous WA.
Read the web report here.