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.
Developer and funds manager Aspen Group has reported a solid rise in interim profit, saying the company's strategy of re-weighting its portfolio towards Western Australia was proving sound.
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.
The state's peak real estate body has scoffed at claims of a rental crisis in Perth, with its latest research showing the vacancy rate for rental properties steady at 2.5 per cent.
Shopping centre giant Westfield is upbeat about the future of retail sales in Australia despite overriding consumer caution and economic uncertainty abroad.
THE challenging residential property market has been stuck at or below the long-term average turnover for the past four years, according to the Real Estate Institute of Western Australia.
BHP Billiton has become a property player in the Pilbara with plans to develop more than 2.5 hectares of land in the centre of South Hedland, including a five-storey residential complex.
Two long-awaited and much-debated marina proposals have inched closer to becoming reality, with Cedar Woods' Mangles Bay getting an environmental thumbs-up, and the state government committing to a
Expectations of a strengthening housing sector have been helped by new figures showing a rise in the value of new home loan commitments to a two-year high, economists say.
The state government has unveiled four new land redevelopment committees that will advise the Metropolitan Redevelopment Authority on urban redevelopment.
