Property

Developers’ precinct plans have been the driving force behind a revitalised Perth.

With a record run of construction coming to a close, commercial developers are facing an uncertain few years in Perth’s CBD. Click through to find the special report, which also looks at Perth's biggest landlords, place making, suburban office markets and a green technology company.

The dynamic of Perth’s apartment market is changing quickly, with the big developers poised to take advantage.

The Real Estate Institute of Australia says its recently released report into negative gearing shows renters would pay much more if there were to be any changes to the policy, despite claims to the contrary by a leading research institute.

Telstra has passed the costs of delivering copper wire for new residential developments onto developers, with the charges being described as another blow for housing affordability in Western Australia.

Global fashion giant H&M says its first Western Australian store will open at Lakeside Joondalup Shopping City on August 29, while it also appears to be making progress on opening its planned C

Two local miners have announced plans to exit the resources industry and move into other fields, by way of backdoor listings.

Vacancies are rising rapidly in the residential leasing market, while at the same time median rents are falling; but that’s just the market returning to normal from its recent highs, according to a prominent local property player.

The Fiona Stanley Hospital has won the top prize at this year’s WA Architecture Awards, with Hassell, Hames Sharley and Silver Thomas Hanley commended for their design efforts.

The financial year finished with sales recording their highest level in the June quarter, with this week’s total activity up 3% to 723, the highest since the pre-Easter surge of 876.

New home sales in Western Australia have resumed the downward trajectory of 2015 following a modest rise in April, dropping by 8.1 per cent in the month of May, according to the Housing Industry Association.

Developers and real estate agents are embracing virtual and augmented reality technology, as well as sophisticated video animations, to ensure listings stand out in what is becoming an increasingly crowded residential property market.

A Perth-based company has created an innovative approach to address the rising costs of housing construction with its invention of a robot capable of doing the work of a bricklayer.

EXCLUSIVE: Aldi is continuing to stake its territory in Perth, with Wattle Grove the next frontier for the supermarket giant.

Despite last weekend’s inclement weather, REIWA members reported a 9% increase in sales for the week ending 23 June which may also reflect a small flurry of end of financial year activity.

Perth-based firm Fastbrick Robotics is bringing its bricklaying robots, which have been backed by Dale Alcock, to the ASX, lining up an all-scrip acquisition deal with DMY Capital.

The state government plans to invite the private sector to bid for state-owned properties that aren’t listed for sale under a proposed unsolicited bids process, while also announcing the listing of 40 extra assets in the second wave of its land sales program.

The average home price dropped 0.3 per cent, to $545,000, in Perth in the 12 months to March, against a national average gain of 6.9 per cent, to $576,100.

Online property rental company rent.com.au has commenced its first day of trading on the ASX, after being acquired by Select Exploration in a backdoor listing.

Demand for apartment living is rising in the western suburbs, but a lack of suitable sites and community opposition to large-scale projects is hampering developers’ efforts to meet buyers’ needs.

Retail and office landlords are building on the City of Perth’s initiative to focus on Forrest Place, which is emerging as the next precinct of the CBD to undergo a significant transformation.

Building Commission head Peter Gow has called for more checks and balances in Western Australia’s housing construction sector to ensure there is no repeat of the collapse of Capital Works Constructions.

The big number this week is the impending breakthrough of the 8,000 barrier for property listed for lease. Since the beginning of March when seasonal demand tailed off, rental listings have been rising at an average of 118 per week which compares with the average of 44 per week since the same time last year.

Fresh from unveiling a $7.3 million revamp of Broome’s Mangrove Hotel, hotelier Prendiville Group is turning its attention to a redevelopment of the Tradewinds Hotel in Fremantle to keep up with ne

Average stamp duty costs have surged by up to a staggering 800 per cent in the past 20 years, a new analysis shows.

Western Australia’s neighbourhood shopping centres are among the standout performers for retail asset sales across Australia, with six transactions this year totalling at least $112 million.

As one $85.7 million project hits its final stages of construction, another begins to come out of the ground; such is the life of Perth’s leading apartments developer, Finbar Group.

The average house price in Perth dropped 2.7 per cent in the March quarter to $535,000, while the national average climbed to almost $660,000.

Two new co-working spaces are coming to St Georges Terrace, with Liberty Executive Offices establishing a space designed for professionals and St George Bank offering free space to small businesses.

Pessimism in Perth’s commercial property sector and the alarming office vacancy rate won’t stop development at Elizabeth Quay, according to the Metropolitan Redevelopment Authority.

Contractor Central Systems, which is best known for its civil construction works, has taken on the work in progress of collapsed builder Capital Works Constructions.

Home loan approvals were surprisingly strong in April, up 1 per cent, as low interest rates sparked demand for new houses, according to new figures released by the Australian Bureau of Statistics.