Katie McDonald was the property writer for Business News. She first joined the team in 2016. At the 2017 WA State Media Awards, Katie was a finalist for the Best Cadet/New Journalist award and took out the top prize for the Best Culture and Arts Report, which she also won in 2018. Katie returned to the Business News team for 2020 and 2021 after a stint in copywriting. Katie completed a Bachelor of Commerce at the University of Western Australia in 2015 with a double major in marketing and english studies.
Construction has started on the new $30 million Brabham Whiteman Edge Shopping Centre, set to feature the state’s first click-and-collect drive-through via a new Coles Online fulfilment centre.
Perth-based developer OP Properties has partnered with energy technology company Power Ledger in plans to create a carbon-neutral apartment complex in Fremantle.
Southern Cross Care WA’s proposal for a six-storey aged care facility in Jolimont, located within the Parkside Walk precinct, has been given the green light.
Property syndicate Quadrant Investments has secured Sydney Tools as a tenant at its Malaga premises, marking the industrial power tool retailer’s initial foray into Western Australia.
Property market analyst CoreLogic recorded a fourth month of decline for Australia’s housing values, but trends are starting to diverge across cities, with Perth’s dwelling values steady.
Subiaco is set for resurgence, but it will take a coordinated approach from landlords, developers and council to take full advantage of its more than $500 million pipeline.
Westgem Investments, the property developer behind the $500 million Raine Square project, has lost its battle over damages claims relating to the project, with the Supreme Court ruling in favour of the Commonwealth Bank.
Perth-based developer Okeland Communities has launched an expressions of interest campaign for the sale of its 700-hectare masterplanned community in Queensland.
A three-storey vertical garden was just one of the features Stirling Capital and MJA Studio hoped would challenge perceptions of apartment living at its Verdant project.
Perth’s residential rental market vacancy rate has dropped to 1.6 per cent - the lowest vacancy rate since March 2008, according to the Real Estate Institute of Western Australia.
Blackburne has appointed Multiplex to build its One Subiaco development on the former Pavilion Markets site, with 80 per cent of apartments already sold.
Perth’s latest office vacancy rate increased marginally since February, but the state's CBD and West Perth markets took out the top spots for most vacancies in the country.
The country town of Bindoon could be home to a new $100 million country club that features a Formula One-inspired race track, with Sotheby’s International Realty on the hunt for a joint venture partner.
The developers behind the $320 million apartment project planned for the Chellingworth Motors site in Nedlands have lodged an application with the State Administrative Tribunal.
COVID does not appear to have dampened investor appetite for the state’s neighbourhood retail centres in 2020, achieving $110 million worth of sales to date.
The Carramar Village shopping centre in Perth’s northern suburbs has been sold for $33.5 million; a move CBRE says represents the largest Perth shopping centre sale for 2020.
Nearly half of Western Australia’s major shopping centre retailers are operating on reduced hours despite relaxed COVID-19 restrictions, according to a study conducted by Y Research.
Perth achieved 3,322 new lot sales during the June 2020 quarter – the most land sales the Urban Development Institute of Australia WA has ever recorded for a quarter.
Property market analyst CoreLogic has reported that Perth’s housing values dropped again in July, with both CoreLogic and AMP Capital expecting prices to continue falling amid COVID uncertainty.