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Perth Greenfield Development | WA Property Outlook - News Directory 3

Perth Greenfield Development | WA Property Outlook

June 20, 2025 Catherine Williams Business
News Context
At a glance
  • Perth, Australia - Developer nigel Satterley dismissed concerns⁢ about geopolitical ‍tensions ⁤affecting Western Australia's property market, ​specifically calling the "Trump factor" a myth.Satterley made ⁤the remarks during an...
  • Satterley argued that direct engagement is more effective than worrying about external factors.
  • He noted that⁤ most Australians prefer conventional⁣ house and land options,with only ⁣a smaller percentage favoring high-rise living.
Original source: businessnews.com.au

Nigel Satterley dismisses geopolitical tensions as a myth, offering a fresh perspective on perth’s greenfield development and the Western Australia property outlook. ​Emphasizing collaboration as crucial for future planning,Satterley highlights the vital role of sustained government and industry alignment. He argues against ⁣external factors and underscores the need to ‍secure future land sources, like North Ellenbrook, to‍ maintain greenfield site viability. Addressing affordability issues through smaller blocks and houses‍ underscores the evolving landscape. News Directory 3 delivers insights into Satterley’s⁤ outlook⁢ on the Trump factor and its supposed influence. Discover the future of Perth’s housing with ongoing expert monitoring and solutions.

Key Points

  • Nigel Satterley​ calls the ​impact of geopolitical tensions on the property market a ‘myth.’
  • Satterley emphasizes the importance of government and industry collaboration for future planning.
  • He highlights the ‌need to address affordability issues with smaller blocks⁣ and houses.

Satterley ​Downplays Trump Factor in WA Property Market, Focuses on Future Role

⁤ Updated June 20, 2025
⁢

Perth, Australia – Developer nigel Satterley dismissed concerns⁢ about geopolitical ‍tensions ⁤affecting Western Australia’s property market, ​specifically calling the “Trump factor” a myth.Satterley made ⁤the remarks during an ⁢urban Progress ⁣Institute of Australia WA event at Crown, where he participated in a‍ panel discussion about the state’s ⁣greenfield ⁤market and the critically important role ⁣of planning.

Satterley argued that direct engagement is more effective than worrying about external factors. He ⁢stressed⁤ the need ⁣for ⁢better interaction between the government and the industry to map out ​plans ⁢for the next decade. According ​to ⁤Satterley,this⁣ collaboration is crucial‌ to understanding where people⁣ want to live and​ ensuring adequate housing supply.

He noted that⁤ most Australians prefer conventional⁣ house and land options,with only ⁣a smaller percentage favoring high-rise living. Satterley also pointed out ⁣that major developments like Ellenbrook and Brighton​ are nearing completion, emphasizing the need to identify future ⁤land‌ sources such as ​North⁢ Ellenbrook, East wanneroo, and ​Baldivis to maintain the role of greenfield sites.

Satterley also addressed growing affordability challenges,⁤ observing that newer developments feature smaller blocks and houses. Fellow‌ panelist Colin Keane, director‌ at Research4, emphasized the importance ⁢of a strong manufacturing habitat, notably in ⁢the greenfields sector, to support population and housing growth. Keane cautioned that a shift toward urban infill requires a​ similar⁤ capacity to replace what is ‍lost from greenfield development, highlighting⁣ the role of⁢ manufacturing.

⁣ ⁢ “The⁣ Trump ⁤factor’s a‌ myth. ⁣He’s just a ⁤bully.If you tackle him, ⁢he goes to water,” Satterley said.

‍ “What we’re seeing ​is ⁢big⁢ sites like Ellenbrook, Brighton, some of the big Stockland estates in ‌the eastern corridor coming to an end,” he⁤ said.
⁣ ⁣

What’s next

Industry experts will continue ‍to monitor ‍the market and work with the ‌government to address affordability and supply challenges in the Western Australian property sector.

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