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MONEY SQUEEZE: Ben Rosser says finance is a crucial issue for land developers.

Residential players face challenging landscape

Slowing population growth and a stalling economy are producing significant headwinds in the residential land sector.

It wasn’t all that long ago that Perth was facing a residential land shortage, with developers scrambling to keep up with demand from record-breaking population growth and a booming economy.

In 2013, the lack of land was the biggest challenge facing developers in the state, with all-time highs for lot sales resulting in a nine to 12-month wait between contract and settlement for most buyers.

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Lots expected to be completed for sale, current financial year

15th↓Richard Noble & CompanyNFP
16th↓Western CorporateNFP
17th↓PRM Property GroupNFP
18th↓Amex CorporationNFP
19th↓Lester Group100
39 property - land developers ranked by number of WA lots expected to be completed for sale, current financial year

Number of Employees

Property - Land Developers

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