Property

The Real Estate Institute of Western Australia has revealed 10 Perth suburbs where properties are selling faster now than during the mining boom, with four of the top 10 in the western suburbs.

Five years ago, modular building manufacturer McNally Group was riding the crest of the giant investment wave that was Western Australia’s resources construction boom.

Ausnet Financial Services has beefed up its real estate agency network, acquiring Mount Lawley's Beaufort Realty in a deal worth $2.56 million.

A recent flurry of leasing deals by oil and gas-related firms has provided hope that Perth’s CBD office market has hit the bottom, despite further downsizing expected in the energy sector throughout 2017.

Building upgrades in the Perth CBD are bringing the city’s workplaces in line with the best offices available worldwide.

A Singaporean investment group has taken a long-term view on Perth's hotels sector, shrugging off plunging room rates and a massive wave of new developments to purchase the Crowne Plaza Perth for $50 million.

OPINION: Sales activity experienced a contraction over the week, with Reiwa members reporting a decrease in weekly sales to 650.

One of the newest entrants to Perth’s hotels sector is promising a radically different approach to hospitality. 

Weakness in Western Australia’s residential construction sector is throwing up significant challenges for building product manufacturers, weighing on the profits of ASX-listed outfits Brickworks and Boral.

MSP Engineering has established a new headquarters in West Perth to cater for a bigger workforce as it builds a $400 million lithium processing plant in Kwinana.

The Reserve Bank of Australia says there is reason to believe commodity prices could rise higher than expected but is concerned about increasing risks in the housing market.

QV1 co-owners Investa Property Group and Eureka Real Assets have unveiled the look of Perth CBD’s newest food precinct, the $6.5 million first phase of nearly $150 million worth of redevelopment works at the 43-level office tower.

Oil and gas giant Inpex will hang its logo 24 storeys above the Perth CBD, after confirming it will stay put at 100 St Georges Terrace, one of two new leases covering 20,000 square metres in the ISPT-owned building.

Office landlord Hawaiian’s refurbishment program at London House has paid dividends, with three new tenants taking space in the 18-level St Georges Terrace building in the past three weeks.

The University of Western Australia’s proposed $600 million engineering zone at its Crawley campus has taken a major step towards construction, with plans lodged to build the development’s $80 million first stage.

Banking giant Westpac has been confirmed as the newest tenant for Brookfield Place Tower 2, as one of the city’s newest office towers moves towards full occupancy.

One of Western Australia’s 10 biggest homebuilders has denied any wrongdoing, after the corporate regulator claimed it created and manipulated review websites to spread favourable information about the company.

The move to an electronic conveyancing platform for house and land transactions in WA is being rushed, according to a peak lobby group.

Vacant shops are usually considered to be harbingers of doom and gloom in the retail sector, but that may not necessarily be the case in Perth’s CBD.

Resource Development Group is continuing its push into residential construction, winning a $27 million contract to build a 24-townhouse project just south of Fremantle’s South Beach, on an apartments site abandoned by Stockland following the GFC.

The University of Notre Dame has hit a roadblock for its plans to develop a new building in Fremantle, with council officers recommending the proposal be rejected because it is too tall for the port city’s historic West End.

Perth-based Fleetwood Corporation has won an $8.7 million contract to build new educational program buildings at several custodial centres for the NSW government.

Western Australian apartment investors are increasingly confident that their properties will provide a capital return, even over the short term.

ANALYSIS: The Labor Party has no intention of backing down on its planned 4 per cent stamp duty surcharge on foreign buyers of residential properties if it wins the general election on March 11.

Perth home prices are now 10 per cent below the market peak of 2014, after the sector lost gains made in January to fall 2.4 per cent last month.

Specialist medical centres are emerging as the asset type of choice for offshore buyers in Perth, according to local boutique management and consulting firm Griffin Group.

Restoration work is set to get under way on one of the Swan Valley’s oldest buildings, with plans lodged to create a grower’s market, art gallery and artist studios, grape processing facility and w

Frustration is mounting among developers in South Perth as they are forced to reassess projects after the second major change to the suburb’s town planning guidelines in the past six years.

Finbar Group’s new plan for its Civic Heart site in South Perth will have 74 fewer apartments and an end value 45 per cent lower than its original proposal, while it will be delivered a year after the first project was scheduled to be complete, the developer has revealed.

Land developer Peet says it doesn’t expect conditions to improve in Western Australia in 2017, as it continues to push its long-running strategy to focus its operations outside of its home state.

The corporate regulator has asked the Federal Court to appoint representatives of KPMG as liquidators of several subsidiaries of Pilbara-based property developer Macro Group.

OPINION: Sales activity contracted over the week with Reiwa members reporting a decrease in weekly sales to 676.