Property

State finance minister Sue Ellery says a new three-staged reform of procurement practices across Department of Finance-led construction projects will “ensure a fair go for everyone” within Western Australia's building and construction industry.

The mining magnate has acquired a significant chunk of coastal land in a $107 million deal, as a plan to rezone the area sits with government.

Perth had the highest annual growth in the median price of residential land among Australian capital cities in 2023, according to a property industry report.

Developers are faced with greater choice when it comes to getting their projects over the line.

The real estate group’s largest residential office has chosen not to renew its franchise agreement after 18 years.

A 928-room hotel and beer garden has been proposed on the site of a shuttered caravan park overlooking Karratha’s salt flats.

The city’s rental vacancy rate has risen above 1 per cent for the first time in almost three years, Proptrack says.

JJ Leach Group boss has slammed the state government’s ‘shovel-ready’ planning pathway after the developer’s $65 million Claremont project took years to be approved.

Government intervention in housing and energy spheres speaks as much to the lack of investor interest as it does political overreach.

Lester Group will sell a Jandakot site to a national property developer, which plans to build 46 warehouse units.

The industry has largely welcomed the federal budget’s investment in housing, but say more needs to be done if the country is to reach its housing targets.

Architects are increasingly repurposing existing assets, as the world’s focus on climate change intensifies.

Damian Collins says people tend to make more mistakes in a heated property market.

Malaysian developer SKS Group has put a development site on the market, where it has a $120 million apartment tower approved.

A $16 million Nedlands project remains unsettled after a development assessment panel deferred the proposal for up to four months.

Charter Hall has sold a seven-storey building, in the first St Georges Terrace office transaction in more than 12 months.

National property group Lendlease announced it would dispute a $112 million tax bill over an audit of a partial business sale.

ASX-listed property technology company Openn Negotiation has appointed administrators from KordaMentha, citing challenges with raising funds to continue operating.

The state government’s land agency has approved Sentinel Real Estate’s $65 million built-to-rent project in Subiaco.

Perth’s architecture community is mourning the loss of the MJA Studio director.

The state government has upped the stamp duty relief threshold for first home buyers, the first change made in a decade.

A Perth architecture studio is planning for the city’s growth as it expands its own footprint.

The Woolworths-anchored centre has changed hands from one Queensland group to another.

The $4 million property was purchased by a group of owners.

The $70 million purchase marks the second largest retail transaction this year in WA and was sold at 40 per cent below its replacement value.

The state government will offer owners of vacant properties a $5,000 incentive to put their houses on the rental market, in a bid to unlock housing stock.

Burtonwood Investment Partners and Saracen Properties have cleared a planning hurdle for its $55 million neighbourhood centre in Anketell.

The Claremont-based Proptech has signed a binding agreement to acquire the company.

The state government has committed $843 million for affordable housing and homelessness initiatives in the upcoming 2024-25 budget.

Town of Cambridge mayor Gary Mack has failed to sway his fellow councillors to buy a West Leederville site previously earmarked for a resort by Ricky Hirsch-led company FTD.

The 1930s Weeties factory turned family home owned by Tattarang boss John Hartman has hit the market, with the property expected to fetch offers in the mid $4 million range.

Property developer Adrian Fini said today governments are out of touch with normal people and Australia will only get efficient government "when Canberra burns down".