Developers are tipping the next wave of demand for apartment projects to come from two very disparate demographics – baby boomers close to retirement and generation Ys looking to get on the first rung of the property ladder.
Our annual Apartment Developers feature discusses the oversupply debate of apartments in Perth's inner city, the government's proposed changes to strata titles, and the next wave of demand for apartment projects.
An interstate developer has launched its first apartment project in Perth, near the banks of the Swan River, joining a long list of multi-residential projects in the City of Belmont.
One of Perth's largest apartment projects by value is due to be launched in coming weeks in Rivervale, testing demand and pricing in what has become a development hot spot.