Sixteen per cent of homes in Western Australia’s South West are now worth less than the initial purchase price, according to statistics released by RP Data today.
More evidence has emerged underlining Perth’s severe shortage of rental accommodation, with new figures released today showing just 973 vacancies at the end of February.
Public examinations of three private companies associated with Luke Saraceni are set to proceed after the Supreme Court of Western Australia threw out objections over the appointment of administrat
Perth’s residential rental vacancy rate hit a four-year low in the month of February, falling to just 1.6 per cent and placing upward pressure on rents, new research shows.
Australand is hoping the success of its $2 billion Port Coogee coastal marina project, which took out two national awards at the weekend, will stimulate the state government to allow more innovativ
The Town of Port Hedland plans to use proceeds from BHP Billiton’s approved proposal to construct a large temporary workers’ accommodation facility in the town to fund its key Spoilbank Marina prec
WA has dozens of remote mining and construction camps, and every one needs caterers, cleaners, launderers and more. It’s a services sector that pits a handful of global giants against an array of local competitors.
The state government has continued its efforts to make more residential land available in the Pilbara, with Otan Property Funds Management kicking off a 1,200-lot residential development in Karrath
Rapidly falling vacancy rates and demand from the resources sector vaulted Perth into the world’s top ten most expensive office markets in 2011, according to research released today by commercial a
Property transactions were on the upswing in February in Western Australia, with activity spiking at the lower end of the market, land information authority Landgate says.
The number of home loan approvals has fallen for the first time in 10 months but, economists say, the news won't trouble the Reserve Bank of Australia.
THE Western Australian Club is set to move to new premises after 17 years at its current home on St Georges Terrace, with cost savings and the opportunity for an image makeover the main motivators
Western Australia’s property development, retail and residential building sectors are set for an increase in corporate insolvencies over 2012, despite a falling trend in the total number of company
Perth’s housing market is on the cusp of a comeback, with home values up nearly one per cent over the past three months despite a weak monthly result for February, new data says.
The opportunity to worry, gloat, and maybe soon even take bets on house prices is about to get a big boost with the launch of a daily home value index.
IT’S not the market overall, it’s the particular company that you pick; that seems to be the message for investors looking to invest in listed property companies.
Construction and development company Diploma Group has blamed a $3.9 million first half loss on delays at one of its city apartment developments and a downturn in sales across its completed project
National non-bank lender Homeloans Ltd will continue eyeing acquisition opportunities and cutting costs to protect earnings after reporting a 13 per cent drop in first half profit.
Residential developer Peet has experienced a 61 per cent dip in profit for the half-year ended December 31, illustrating the difficult conditions prevalent in the residential property market.
BLACKBURNE Property Group is stepping up its development activities, with the launch this month of a $44 million apartment project in East Perth and a further two projects in the inner suburbs on t
New research shows suburban office vacancies are nearly three times higher than in Perth’s inner city, potentially opening the door for local property owners to capitalise on the hot demand for off
Continued investment in resources projects will drive a recovery in the Western Australian and Queensland residential property markets in 2012, property developer Mirvac says.
