Stamp duty, rebate reform needed to shift imbalance against apartments
Writing exclusively for API Magazine, CEO of UDIA WA, Tanya Steinbeck argues that stamp duty and rebate schemes that favour houses over apartments are in need of reform.
To improve housing supply and urban density issues, reform is sought to even the playing field between houses and apartments. (Image source: Shutterstock.com)
While the Perth apartment market has moderated in recent years, the demand for apartment living is still growing as young couples, downsizers, and interstate and overseas migrants look for appropriate accommodation.
The interest in the high-density market in Perth is from both owner-occupiers and investors looking to enter the tightly constrained market.
Apartment sales have slowed due to a range of factors, not least a lack of supply due to th…
