Home prices in Perth, Brisbane and Adelaide are growing much faster than in cities such as Melbourne and Hobart and the latest data indicates those trends could stick around for some time yet.
A development panel has remained unconvinced of a multi-million-dollar plan to build a two-storey tavern, brewery and short-stay accommodation in Port Kennedy.
The Supreme Court of Western Australia has retrospectively allowed Diploma Construction liquidators to enter a deed of settlement, to avoid a pile up of legal costs.
A development assessment panel was unable to decide on a $31.5 million apartment plan in Nedlands, despite holding a meeting that spanned for more than three hours.
Stockland has lodged its proposal to build an independent living complex comprising more than 150 dwellings north of Perth, at an estimated cost of $75 million.
The Australian Bureau of Statistics found dwelling approvals in April fell by 0.9 per cent in Western Australia, against a 0.6 per cent slump nationally.
The state’s house prices continue to grow at a faster rate than other jurisdictions, with another 2 per cent jump last month and 22 per cent rise in the 12 months to May 31.
City of Perth Lord Mayor Basil Zempilas has lauded the Forrest empire’s plans for Carillon City, revealing the development will include student accommodation as part of a university-centric city vision.
A workers accommodation plan on land owned by B & J Catalano remains in limbo after a development panel was unable to decide on the multi-million-dollar proposal.
