Perth strata reform called for by Property Council of Australia
Perth’s infill housing development is slowing, and the Property Council of Australia have said that it shows a need for regulatory reform.
According to the Property Council, reform is needed in regards to the introduction of community strata titles, to ease the process.
With infill development compared to the proportion of Perth’s urban fringe development dropping from 2011’s 32% to 28% in 2012, according to the Western Australian Planning Commission’s Urban Growth Monitor, Property Council of Australia executive director Joe Lenzo is calling for changes.
“Perth’s infill development strategy needs a shake-up, otherwise we will never achieve the 47% infill target in Perth’s strategic growth plan, Directions 2031,” said Lenzo.
“One of the main things holding back infill development in Perth is the outdated strata title system and the lack of community titles.”
He said that community titles would encourage larger scale precinct-style infill developments, alike to other Australian states.
“This includes more mixed use development around suburban centres and strategic infrastructure investments like train stations,” he said.
