WA to suffer 72,500 housing shortfall

Western Australia needs to brace itself for a housing shortfall of more than 72,500 by 2020 with Wanneroo and Rockingham to suffer the greatest shortages, according to a new report.


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Show me the shortage of land around Nangara, Wanneroo and North, Mandurah South. This research is mind blowing. Where do they get (make up) these stats from. Are the developers paying for this survey so that land owners will sell their farm lands to them for cheap for them to profit for development? One wonders? Perhaps REIWA is in the game as well?

I do believe houses price will increase and as the population grows, there will be less houses. Have you noticed more and more people around the world are coming to Australia? If you attend a home open in Parkwood, you will see more than ten families looking at the same house. My investment property along Abercairn Way has increased more than 20% from last year. When I do the research on Thornlie last year, there were more than 40 houses for rent, but this year only 10 houses and most of them are being rented out... with a whopping 5%- 6% yield. All the world's biggest project is in Western Australia, will that not attract people ?

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