Karratha's bid to stimulate the housing market hits a snag and leaves residents divided

Letters of support were also received from Karratha Central Healthcare and disability organisation Empowering People in Communities .

"Typically we employ a lot of people working in community services as support workers who do not earn a high income."I don't think it's going to ruin the market in terms of rental [investments]; bringing it back to normalised levels is a great thing."All the necessary infrastructure of water, power and land development for more housing was delivered as part of the previous government's Royalties For Regions program.

It will be releasing a prime lot in the centre of town for mixed development, up to 35 dwelling lots in Baynton and Madigan Estates, and inviting proposals for more development at Tambrey Neighbourhood Centre. A new display village will be built at Madigan to show potential buyers the range of options for owner-occupiers.Real Estate Institute of WA president Damian Collins believed the $35 million would not affect house or rent prices.

"The best thing the government can do is make sure there's plenty of land available and get approvals through quickly." In a statement, the Department of Communities said it was conscious of the renewed growth cycle in Karratha stemming from increased activity in the resources industry.

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘It’s wrong’: Sportsmanship backfiresThe cricket world has again been left divided after a controversial act of sportsmanship cost England dearly during Sunday night’s loss to South Africa in the Women’s Twenty20 World Cup. Sportswomanship wins every time. Well played!
Source: newscomauHQ - 🏆 9. / 77 Read more »

Coronavirus hits global markets and wipes $50bn off ASX as disease spreadsCoronavirus has inflicted its first big hit on Australian markets and the government has not ruled out further travel restrictions. Now is not the time to ease the travel ban. Such is bound to occur on global markets
Source: theage - 🏆 8. / 77 Read more »

'Buyer confidence coming back' to housing market | Sky News AustraliaThere were 2,500 houses up for sale over the weekend with a clearance rate at auction of 77 per cent, showing a strengthening market.\n\nSky News business reporter Edward Boyd said “if we look back just one week ago it was 1,600 houses for sale, so more and more houses are coming onto the market”.\n\n“We’re seeing a lot of buyer confidence coming back”.\n\nImage: Getty\n Are you reffering to the 823 auctions scheduled in Sydney. Of which 466 reported as sold. 56% clearance rate. Yes all Landlords pity the first home buyer didn't get those tax breaks.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Aussie dollar hits 11-year low as market drops $50 billionInvestors have been spooked by warnings that the coronavirus will restrict trade on Australian commodities like iron ore. I guess that will be good for our exports? Wow, that will stimulate economy as well as pathetically low interest rates... not Gold is up
Source: 9NewsAUS - 🏆 10. / 72 Read more »

Aussie dollar hits fresh decade-low as ASX sheds $47.3bnThe S&P/ASX 200 has fallen 2 per cent as coronavirus fears hit the Australian market. LIVE UPDATES: COVID_19 More to come baby - great buying opportunity next year.
Source: theage - 🏆 8. / 77 Read more »

Farmer worried trauma of fire crisis will drive rural residents away for goodA Victorian cattle farmer fears Australia's bushfire disaster — and the threat of more to come — will drive people out of his community. The reality is that the agricultural sector is going to be dominated by large industrial farming corporations. Small farmers will be priced out by economies of scale and there will be further drift to the cities. The fires will just hurry up the procedure.
Source: abcnews - 🏆 5. / 83 Read more »