Property

The state government has pressed on with its red tape cuts initiative by removing a cap on fees charged by settlement agents and land valuers, while amending the codes of conduct.

Western Australia’s regional rental market was the weakest performer in the country in the last three months of 2015, with the Pilbara area taking a large share of the blame.

The state government has unveiled guidelines it will use to assess unsolicited bids from the private sector for state-owned land.

Apartment developer Finbar Group has been given the go-ahead for a $77 million, 194-dwelling project in Belmont, with construction set to begin next year.

The state government is targeting construction of at least 1,100 new dwellings on the Shenton Park hospital site, with developments ranging from two-storey townhouses to nine-storey apartment buildings.

Property experts have flagged the possibility of a market revival in 2016, warning buyers not to be passive and wait until prices bottom out.

It wasn’t that long ago that a 30-storey apartment proposal was considered a bit of a stretch in Perth, but a spate of new projects is changing that.

Apartment development at the northern gateway to Fremantle is gathering momentum, with listed player Mustera Property Group joining the fray, more progress for projects along Queen Victoria Street, and a $20 million, 71-apartment development application being lodged for a project on Beach Street.

reiwa.com property sales data for the overall market for the week ending 12 January 2016 totalled 482 which represents a 73 per cent increase in total sales over the week.

Architecture firm Woods Bagot will shift its Perth studio to the Palace Hotel on St Georges Terrace in May, after overseeing a comprehensive restoration of the historic building that will also inco

SPECIAL REPORT: Up to 5,000 delegates from more than 60 countries will descend on Perth in a few months for the 18th International Conference and Exhibition on Liquefied Natural Gas.

Construction activity has fallen, after enjoying four months of expansion, due to weakness in mining-related engineering construction, as well as commercial construction.

Home building approvals have suffered their biggest slide in three and a half years in November, with Western Australia’s residential construction sector expected to take a hit over 2016.

The local property market is beginning to show signs of stability as the rental market gains strength, according to the latest Real Estate Institute of Western Australia figures.

Perth dwelling values took a surprise positive turn in the last month of 2015, but a property analyst predicts growth in the local housing market is still at least a year away.

A major figure in the local building industry has been elected the 2016 national president of Master Builders Australia.

Listed sandalwood producer TFS Corporation and China-backed Kimberley Agricultural Investment have been selected as the preferred proponents to develop 5,000 hectares in the Ord River irrigation area.

The proportion of Perth homes sold at a loss hit a three-year high in the September quarter, with owners of CBD apartments the most likely to incur a loss

Another major player has jumped into Perth’s hotels boom, as competition to deliver new lodgings goes into overdrive.

Cedar Woods Properties has purchased a 3.8 hectare infill site in Queensland for $24.6 million, while also announcing the extension of a $135 million loan.

Billionaire casino mogul James Packer has resigned as a director of Crown Resorts, fuelling speculation that he wants to completely take over Crown.

Andrew Forrest has finalised the purchase of a $16 million oceanfront house in Cottesloe from an elderly man who has apologised for implying the billionaire pressured him into the sale.

Liquidators have been called in to recover what they can from the assets of Scho Homes, with the builder’s collapse expected to put more pressure on Western Australia’s homebuilding insurance scheme.

One of Australia’s most-recognisable hospitality operators is expanding west, with up to three Ettamogah-branded venues in the works in Western Australia.

AMP Capital says it will kick off construction in 2017 on a $400 million redevelopment of Garden City Booragoon, following the proposal receiving planning approval.

The Shire of Kalamunda has moved to facilitate more infill development around transport infrastructure, but its proposed planning changes are restrictive and won’t achieve the desired results, according to a prominent industry player.

Western Australians are falling behind on their mortgage repayments at a higher rate than borrowers in any other state, according to new Reserve Bank of Australia data.

Billionaire James Packer's private investment firm, Consolidated Press Holdings, has downplayed speculation that he is seeking to privatise casinos operator Crown Resorts.

reiwa.com listings for sale data for the overall market for the week ending 15 December 2015 totalled 15,980.

Energy analytics firm Greensense is set to be acquired by Brisbane-based energy provider ERM Power in an all-cash deal worth $5.25 million.

BGC Development has done the almost unthinkable in current office market conditions, finding an anchor tenant for its under-construction building at 25 Rowe Avenue in Rivervale despite widespread c

The building industry watchdog is taking 23 workers to the Federal Court for allegedly unlawfully laying down the tools while working on a new waste treatment plant for the Water Corporation in February.