A FLURRY of activity in the prestige property sector is a sign of the overall strength of the Western Australian economy, according to a leading western suburbs-based high-end property specialist.
THE nationally based developer for stage one of the Alkimos regional city project says it will use the project as a catalyst to launch its Western Australian expansion.
Land Minister Brendon Grylls has called for expressions of interest from Kimberley builders to build house and land packages at the award-winning Januburu Six Seasons residential estate in Broome.
PERTH’S median house price is expected to break all records in 2010, as last year’s shortage of available finance for developers puts the squeeze on metropolitan housing stocks.
SUBIACO’S Australian Fine China redevelopment will set new standards for environmentally friendly and sustainable design, according to the Subiaco Redevelopment Authority.
Residential building activity is picking up as latest final figures for construction activity in the residential sector showed Western Australia lagging behind every other state and territory.
The recovery in the state's housing market is expected to boost sales of Viento Group's property developments in Southern River and Henley Brook, which hold a combined 855 lots.
Lend Lease Group has won a bid to become the preferred proponent for the first stage of the $400 million new Alkimos residential development, north of Perth, while Mirvac and the Satterley Alkimos Consortium have been named as reserve proponents.
Modular builder Nomad Building Solutions has today announced the appointment of Brett McDonald for the newly created chief executive role for the eastern states.
The City of Perth's planning committee has proposed inviting various local design firms to develop ideas to change the city's image, picking 12 spots, including Jacobs Ladder and Langley Park, as areas that could be enhanced.
WESTERN Australia’s residential property sector will experience a period of modest growth in 2010, but despite a shortfall between construction starts and underlying demand, industry groups are not expecting a return to boom conditions.
INTERNATIONAL architecture studio Woods Bagot has credited a year of global success to the international opportunities taken by its Western Australian architects.
PLANNING Minister John Day has released new inner-city development guidelines that will shape the city’s major projects, including the Northbridge Link and the Riverside developments.
Buyers will this year be able to start reserving blocks at the Perry Lakes Stadium site, where preliminary works to transform the area into a housing estate is about to begin.
The state government has released the East Perth Redevelopment Authority's new guidelines designed to meet the needs of inner-city development for six project areas including The Link, the Perth Cultural Centre and Riverside.
Port Bouvard has refinanced its existing bank facilities with St George Bank to the tune of $167.6 million, renewed until the end of 2011, allowing the property developer to focus on progressing the development of its flagship assets in Western Australia.
COMING off the boom levels of residential construction experienced from 2006 until 2008, the past 12 months has been a slow period for the building sector, according to industry analysis.
As 2009 comes to a close, major construction companies are exploring new opportunities in the public sector to offset the expected downturn in commercial building.
Latest data from the state's real estate institute indicates Perth's median house price is heading back to the peak level it achieved in December, 2007 on the back of strong sales turnover among more expensive homes.
Port Bouvard joint chief executive Matthew Perrott has resigned less than a year after his appointment, as the property developer continues to hold talks with St George over its debt funding.
The state government has used $17.8 million from stage two of the federal government's Nation Building Economic Stimulus package to build 50 new affordable homes in Mirrabooka, Housing Minister Troy Buswell said today.
Home buyers looking to enter the market are being told houses in Perth and Brisbane will offer 'bang for your buck' as the roll back of the first home owners grant boost has had little effect on the lower-end of the market.
A report released today has refuted commonly reported perceptions of the Australian housing market, saying homes in the country are not overly expensive with the median price at $371,000.
THE CBD office leasing market is in a far healthier position than it was heading into the last boom, according to the latest market research from Colliers International.
A ROAD extension project considered vital for the development of the Rockingham/Kwinana industrial area has been indefinitely delayed due to health and environmental concerns.
THE release of long-awaited plans for the Northbridge Link may have grabbed the headlines, but the organisation responsible for delivering the project has unfinished business to attend to elsewhere in the city
The Urban Development Institute of Australia has welcomed the federal government's move to provide infrastructure funding based on 30-year strategic plans suggesting it's a critical step required to meet growing demand for land.
The head of Western Australia's real estate institute was unsurprised to learn of the massive price paid out for the purchase of iron ore heiress, Angela Bennett's Mosman Park mansion, reportedly a national record at $57.5 million.
Property developer Cedar Woods Properties has bought a 2.55 hectare residential development site in a Melbourne suburb for $22.5 million with plans to build 70 new homes and townhouses.
Three Western Australian boutique hotels have been named among Australia's and New Zealand's top 33 properties in an international travel guide from boutique and luxury hotel specialists, Mr & Mrs Smith.
THE state government will defer a mandatory introduction of six-star green-star energy efficiency requirements to new residential building projects for 12 months, following a five-year campaign against the proposed amendments by the Master Builders Associ
