Property

Confidence is returning to the residential property sector, the Real Estate Institute of Western Australia says, with a strong lift in sales activity across the state in the March quarter.

Australian house prices made modest gains in the first three months of the year but were still negative over the 12 months to March 31, a report by an online real estate data group says.

Residential developer Port Bouvard has received final environmental approval from the federal government for its Point Grey 3,000-lot master-planned community near Mandurah

House prices in Western Australia's booming Pilbara region are continuing to outpace major capital cities, with recent sales fetching $300,000 more than the Sydney median.

Curtin University has developed sustainable building guidelines independent of the Green Building Council Australia's Green Star ratings, after having one of its new buildings recently certified un

THE state government's planning reforms have come under fire after it approved changes to the Town of Cottesloe's development scheme, allowing up to eight-storey buildings to be constructed along t

The state government has identified 37 areas for future industrial estates in the metropolitan and Peel regions, which are expected to meet long-term demand for industrial land.

Australia's commercial property sector continued to move downwards in the first three months of the year, a survey shows.

A pick-up in mortgage inquiries for the first time in two years could be an early indicator that house prices are set for a recovery.

Cottesloe's town planning scheme has been finalised to allow up to eight-storey buildings along the beachfront, but the government says the new regulations do not allow for high-rise development.

Overall home sales reached their highest level for two years in the March quarter, with first home-buyers key to the recovery, according to the Real Estate Institute of Western Australia.

Land developer Stockland will cut executive bonuses after a review of its remuneration policies.

Land sales figures for the December quarter have highlighted serious issues with state and national government policies, the Housing Industry Association says.

Two property surveys released this week have shown marked differences in sentiment between the retail and residential property markets in Western Australia.

Growing demand for quality apartments and resort-style living in Karratha is providing an increasingly lucrative niche for property developers and investors.

Real estate agents Helen and James Limnios have been reprimanded and fined $4,000 each by the State Administrative Tribunal for taking unlawful fees prior to settlement of transactions.

Retail property has been struggling for over 12 months in Australia but rock bottom is still to come, according to gloomy results from the Australian Property Institute's six monthly property direc

A Western Australian mortgage broker who allegedly fleeced $1.2 million from seven clients spent the money paying off debts, credit cards, school fees and even his partner's tax bill, a Perth&

Land developer Cedar Woods says it's on track to post a record full year profit and that its outlook remains positive.

Construction and development firm Diploma Group has won $55 million in new apartment development contracts just south of Fremantle.

The Serpentine-Jarradale area is one of five Western Australian locales named in the Housing Industry Association's top 20 hotspots for 2010/11.

The state government is set to unveil a design concept this evening for the Mulataga master planned community, considered a key plank of its $1.5 billion Karratha city of the North development.

Shopping centre owner Centro Retail Australia is in discussions with investors regarding the sale of 50 per cent stakes in three of its shopping centres, including Morley's Galleria.

Demand for rental accommodation in Perth has stabilised, according to the Real Estate Institute of Western Australia, despite rents rising slightly over the past few weeks.

The prospect of an interest rate cut in May has firmed after official figures suggested a further slowing in the housing sector.

Perth-based private investment group Dorado has become an increasingly prominent player in the state's property market, as banks' hesitancy to lend to developers continues.

It used to be the great Australian dream: a big house on a quarter acre block with a couple of kids and maybe a pet or two thrown in.

Stabilising property prices and strong rental returns have resulted in strong buying opportunities for investors, according to Perth-based mortgage broker House + Home Loans.

The City of Perth has approved plans for a $6 million, five-storey hotel on Hay Street, behind the Perth Ambassadors Hotel.

WESTERN Australia's new housing sector is showing signs of a recovery, with building approvals, home sales and land sales all increasing over recent weeks.

Improving Perth's housing density was high on the agenda at a Property Council seminar last week on making Perth a city that ‘works', with finance, infrastructure and community acceptance raised as

Australia Post has failed to sell its General Post Office Building in Forrest Place and has, instead, reverted to trying to find tenants to fill the vacant retail space.