Property

Residential sales in the north-west took a major hit for the year to June 30, as regional markets across the state delivered mixed results.

An affordable housing development in Fremantle is no longer certain to proceed due to the federal government’s scrapping of the National Rental Affordability Scheme.

The number of houses being sold across Australia has hit its highest level since the global financial crisis six years ago, despite a drop in sales in Western Australia.

Boutique firm Roxby Architects has built a reputation as a retail specialist, but a recent award win for a commercial office project shows Adam and Michael Roxby’s business has developed more strings to its bow.

Charter Hall Group and hospitality industry super fund Hostplus have acquired 54 pubs and liquor stores from ALH Group, including the Hyde Park Hotel and the Dunsborough Tavern among several from Western Australia, in a sale and lease-back deal worth more than $600 million.

Static home values are making residential real estate a tricky proposition for investors.

The Singapore-based bidder for the Australand Property Group has fallen just short of securing 100 per cent of its takeover target.

Consumer confidence among Western Australian shoppers has only marginally improved in the last quarter, a Curtin Business School Chamber of Commerce and Industry WA survey of consumer confidence says.

The West Coast Eagles are a step closer towards establishing a world-class AFL training facility at Lathlain Park after agreeing to terms over the lease for new facilities.

Property developers have reported substantial earnings growth during the 12 months to June as low interest rate settings foster a transition from resources to dwelling investment.

Change is under way in the Pilbara mining town of Newman, with BHP Billiton’s long-held dominance of the housing market moderating in the face of new residential developments and a growing rental sector.

Revised plans for a $50 million revamp of Innaloo Cinema Centre include an Aldi discount supermarket and restaurant, small bar and other hospitality tenancies in the place of a bowling alley previo

A contentious $30 million, 125-apartment plan at the old bottleyard site on Palmerston Street on the outskirts of Northbridge is set to get the green light from the Metropolitan West Development As

FEATURE: Architecture and planning professionals have some innovative solutions to the challenges Perth faces in reaching the world's top five most liveable cities.

Perth's first 7-Eleven convenience store is set to be located in the inner city, with a development application lodged for fit-out and signage at the McNess Royal Arcade in the Hay Street Mall.

Urban Capital Group has partnered with an overseas investor to turn a 252-hectare property into a residential estate just north of Peet’s Lakelands estate, 10 minutes from Mandurah.

The state’s largest not-for-profit housing provider is looking to shake up the sector with a bold new funding model.

Developers are still rolling out significant new apartment projects across the metropolitan area, despite statistics showing multi-unit dwelling sales decreasing steadily as more supply comes to market.

Chinese developer JiaHe Jian Group has launched its first Western Australian project – a $100 million, two-tower office and residential development overlooking the zoo in South Perth.

An improving housing market has helped Mirvac Group to triple its full-year profit, with the property group expecting to grow its earnings further over the next 12 months.

A unique and interesting feature of the Perth housing market is the dichotomy of the strength of new dwelling sales and the decline in established market turnover.

Property developer Stockland has lifted its full-year profit five fold, due to improvements in the property market and the impact of a major writedown in its previous result.

A proposal to limit medium-density housing has not been well received by the residential development industry.

Hay Street’s Criterion Hotel has been bought by a private Singaporean property investment group for $16.5 million.

The Australian Bureau of Statistics has said capital city house prices continue to rise, boosted by a strong Sydney housing market.

A southern region MP has lashed out at state government bureaucracy due to the scrapping of the Department of Housing’s 3,000-hectare Keralup land development.

Brookfield Infrastructure has joined Azure Capital as a major shareholder in emergent Perth water utility Water West.

Commercial property holder BWP Trust has announced a 22.4 per cent increase in distributable profit to $92.8 million in its full-year results report today.

Rents are down and incentives are up as Perth’s office market swings in favour of tenants.

Construction and building services firm CPD Group has finished building a $4 million dual-purpose health centre in Carnarvon, seven weeks ahead of schedule.

Western Australia is increasingly on the radar of Chinese property investors, with commercial agents and developers hoping to replicate the success of their Sydney and Melbourne counterparts in sourcing significant capital from this cashed-up cohort.

Real Estate Institute of Western Australia president David Airey says local government authorities have lost sight of the big picture in planning and approvals reform, and amalgamation of councils will only exacerbate the issues.