Property

Dwelling prices rose by an average of 0.9 per cent in Australia’s capital cities in September, with Perth prices up 0.5 per cent.

This week REIWA members reported the total number of sales continued to trend downwards to 565, a decline of 6 per cent over the week and is the lowest number of sales reported since mid-July 2015.

There was a lot of money made on residential property sales around Australia in the June quarter, but the joy wasn't spread around evenly, with more than 10 per cent of all houses and about 20 per cent of all units sold in Western Australia during the quarter selling at a loss.

The traditionally dominant players in Australian retail are being forced to reinvent themselves in the face of increased competition – from each other, and a host of international raiders.

While storm clouds gather over office assets and land development comes off the boil, interest in retail property is building as investors look for somewhere secure to park their cash. Click through to see our list of WA's top 10 locally-based shopping centre owners.

The architect behind the City Beach Surf Club redevelopment says the quality of the work will surprise many who have reservations about such projects.

Brookfield Multiplex has taken the top spot on the HIA-Cordell top 100 list of companies operating in the engineering construction, non-residential building and apartment sectors.

Building materials manufacturer Brickworks has disclosed that intense competition in the local market meant Western Australia was the only state where it was unable to lift prices for bricks during the past year.

This week REIWA members reported the total number of sales remained stable at 602 compared to 605 sales recorded on the previous week.

BGC has returned to its traditional position as Australia’s largest home builder, with the latest data from the Housing Industry Association showing six Perth-based builders among Australia’s top 20.

Perth was one of only two capital cities to post a fall in home prices in the June quarter, while the national average rose 4.7 per cent.

PS Structures has started work on new apartments at Bethanie’s Peel project in Mandurah, marking the aged care provider’s second major development this year.

Developers should consider funding transport infrastructure as an essential component of new estates, enabling them to charge a higher price for housing product, according to a Perth property obser

Real estate companies Stocker Preston and Peard Real Estate Group have entered into an informal joint venture agreement to integrate their marketing, training and administration systems.

Pindan has broken ground at TRG Properties’ Marina Edge project in Port Coogee after being named the replacement builder for Diploma Group, which backed out of a $38 million development contract on Monday.

The militant construction union has agreed to pay up to $9 million to building materials company Boral as part of a "ground breaking" settlement that leaves open the possibility of further payments if the union breaches the deal.

Perth-based homebuilder Summit Homes is seeking to head off a looming shortage of bricklayers by ramping up its capacity to deliver homes using steel-framed and modular building techniques.

This week, Reiwa members reported the total number of sales has declined yet again, to 605, a marginal decrease of 2 per cent on the previous week.

Amid speculation he will be the highest-profile casualty of a ministerial reshuffle the new prime minister will unveil on Monday, Mr Hockey brought to parliament tax-avoidance measures aimed at multinational corporations, and ordered the sale of five additional residential properties unlawfully held by foreign nationals.

A development application for the first stage of Lendlease's $1 billion Waterbank project in East Perth has been submitted, paving the way for construction to begin mid-next year.

The corporate watchdog has stopped Perth-based Macro Realty Developments from promoting a Pilbara property investment that ran afoul of Australian company regulations.

Plans have been lodged for the first major project under the City of Melville’s newly adopted guidelines for the Canning Bridge area, with Stirling Capital submitting an application to build a two-tower, 232-apartment development facing Ogilvie and Kishorn roads.

The family that holds a majority interest in Diploma Group has formally launched a takeover offer for all shares it doesn’t own in the business, at a bargain basement price of 1.5 cents per share.

An inquiry into Western Australia’s development assessment panels has recommended a more transparent process to deal with complaints regarding decisions, but has ruled out allowing third-party appeals.

Woolworths is expected to develop a supermarket on a site in Singleton, south of Golden Bay, where rival Coles was planning to build one of its stores.

This week REIWA members reported the total number of sales have declined to 615, a decrease of 9 per cent on the previous week.

The number of home loans approved in July was unchanged in Western Australia, while the national rate rose 0.3 per cent according to seasonally adjusted Australian Bureau of Statistics data.

Land developer Cedar Woods was the standout performer at last month’s Urban Development Institute of Australia’s annual awards for Western Australia, while Finbar Group and Lendlease also featured

Interest in apartments is again on the rise, with developers across Perth unveiling new projects as the market emerges from a significant slowdown in sales and new product launches through much of calendar 2015.

The riverside suburb of Shelley has been given the ignominious title as the second worst suburb for rental problems in Australia.

Baltinas Made has unveiled plans for a new $26 million luxury apartment project on Mount Street, in close proximity to its recently completed Halo apartments.

This week REIWA members reported the total number of sales are up again to 708, an increase of 5 per cent on the previous week.