Property

The City of Rockingham’s push for higher-density development along its coastal and CBD precincts is starting to pay dividends, with more than $100 million in residential projects under construction or approved to be built, which will collectively add more than 600 apartments, as well as two hotels.

There was a further easing in reported sales last week as more stock flowed into the market, with all components contributing to the softening.

Demand for Western Australian agricultural property assets is expected to run hot throughout 2015, with offshore buyers not expected to be deterred by new rules for foreign investment in farmland.

Joondalup’s CBD is set to be transformed by a pair of major projects, including the suburb’s first high-rise building.

The housing boom will continue to drive earnings in the medium term, says global construction group Lend Lease, which lifted half-year profit by 25 per cent to $315.6 million on the back of strong demand for apartments.

Construction and development company Diploma Group will develop a four-level 24-apartment building in Subiaco, with a combined value on completion of $16 million.

Two major projects considered vital to the revitalisation of Subiaco are closer to reality, with a 16-storey tower at the Pavilion Markets site to win planning approval and construction immin

After last week’s 9% increase in reported activity, sales have retreated 7% this week back to a similar level reported a fortnight ago.

Shares in Perth-based construction and development company Diploma Group have surged on news it will sell its Quest Serviced Apartments in Rockingham and Adelaide Terrace to undisclosed buyers for a combined value of $63.5 million.

Perth’s small bar revolution is expected to extend into the east end of the CBD, driven by a wave of major commercial and hotel developments.

Food and beverage operators are leading a revival for high street retail property, with Beaufort Street, Oxford Street and Albany Highway buzzing, and depressed centres Rokeby Road and Bay View Ter

Development at Springs Rivervale is moving into overdrive, despite widespread debate over whether the area already has too many apartments.

Councils won't get a single cent of compensation for the Western Australian government's failed amalgamation plans.

Mirvac Group is on track to achieve the upper end of its earnings guidance as low interest rates fire up the housing sector.

A 12% increase in house sales reported last week lifted overall activity to its highest level since early July 2014 which is a welcome sign given the market has been on a general downward trend since that time.

Property investor BWP Trust has purchased a Bunnings Warehouse in Melbourne from Bunnings Group for about $32 million.

The state government has introduced a new rebate scheme for people who purchase a block of land in one of 40 land estates across regional Western Australia.

Home owners enjoyed another good year in 2014, with home prices rising on average almost $11,000 across the eight capital cities, however Perth prices were largely flat.

Premier Colin Barnett says the state government will turn its attention to expanding the boundaries of the City of Perth, after he conceded his plan to halve the number of local governments in the

Landscape architects are seeking to take advantage of a long-standing business model operating in the building sector to broaden their service offering and boost their bottom line.

A maturing Perth market has resulted in developers creating smaller lots and a wide range of new housing choices.

Growth in Perth’s suburbs has unveiled opportunities for the education sector, with new private and public schools set to fill gaps in the market.

Significant hurdles remain in meeting both government and consumer demand for urban infill developments.

Population growth is slowing, but Perth is still expanding and the challenges of a maturing city mean land developers are in for another busy year. The annual Special Report also includes an updated list of WA's biggest land developers.

Perth's office market remains on solid footing despite a rising vacancy rate that’s forecast to peak at 19 per cent in 2016, with pundits saying the state’s strong economic fundamentals and a small construction pipeline past 2015 will bring balance back into the sector.

Private house sales rose 13.4 per cent in Western Australia in the December quarter, the highest three-month achievement in more than a decade, new figures from the Housing Industry Association have revealed.

The next stage of LandCorp’s Claremont on the Park has been unveiled, with developer Mirvac Group launching sales for a luxury 142 apartment project today.

Two of Australia's largest property groups, Novion and Federation Centres, which together own 16 shopping centres in WA, say they will merge to create an $11 billion company.

Hospitality operators are cashing in on Perth’s love affair with the coast, with seven new beachside venues opening in the past two years and more on the way – from Trigg Beach to Port Coogee.

Canning Bridge is firming to become Perth’s next big infill opportunity.

Perth's housing construction boom is fuelling a blowout in the number of properties available for lease, with the proliferation of apartments in particular prompting the state’s top real estate group to question whether developers and government policy were providing what residents want.