Published on August 30th, 2012
Land release in Wundowie
New lots will be made available to buyers in Wundowie amid plans to release residential and industrial land in the future as the regional centre grows.
Regional development and lands minister Brendon Grylls said the release, announced today (August 30), was one of many planned for the state that will help support local industries while also reducing housing pressure.
"This latest land release in Wundowie adds to the 43 residential and industrial lots recently released in the region and a further 35 Wheatbelt lots are in the construction pipeline," Mr Grylls said in a statement.
"With more land releases planned for 2013, the RDAP continues to support the revitalisation and growth in regional towns where there is very limited or no private sector land development activity."
The Wundowie lots are located in the town centre and range in size from 783 sqm to 1,574 sqm. They have been categorised for residential use, however, the minister said there will be commercial releases within the next 12 months.
Along with easing housing costs in the area, the new land releases will also drive construction in the area, which may have a flow-on effect to other industries.
Additions plots are scheduled for release in Morawa, Williams, Beverley, Bremer Bay and Wyalkatchem, as part of the government's plan to stimulate regional economies in the Wheatbelt, Mid-West and Great Southern.
For those who are looking to invest in Western Australia, the government's land release program for regional areas may influence your decision making.
While Perth has often been an attractive place to buy, it could make more sense in the long term to look for competitively priced properties in towns linked to major mining, resource and agricultural projects.