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Buyers urged to act as stimulus makes instant impact

State and federal government stimulus packages are making an immediate impact on demand for new houses, particularly in the more affordable states, with prospective buyers urged to act quickly to ensure they can take advantage.

Buyers urged to act as stimulus makes instant impact
Dale Alcock says there will be challenges for industry to ramp up quickly, but that was a good problem to have. Photo: ABN Group

State and federal government stimulus packages are making an immediate impact on demand for new houses, particularly in the more affordable states, with prospective buyers urged to act quickly to ensure they can take advantage.

For most of 2020, real estate agent Luke Trolio says there has been little interest from buyers looking for vacant land in Perth’s established suburbs.

With Western Australia’s new home building sector stagnating, Mr Tro…