Property

Industrial sales agents are tipping Bayswater and Bassandean as the next areas to attract major investment, as land and infrastructure within 15 kilometres of the city becomes increasingly scarce.

Building approvals in Western Australia were down 21 per cent in February 2006 to 2,095, according to figures from the Department of Treasury and Finance.

A Federal Court judge has cited evidence of "serious misconduct" and "ruthless disregard" for the interests of investors and creditors in the collapsed Westpoint property group as he appointed rece

Perth’s inner city continues to be a major investment focus in the local market amid strong off-the-plan apartment sales and major investments in new city residential and infrastructure projects.

Lifestyle villages are hot property thanks to a booming market and an ageing population wishing to sell up and settle in to a village with a difference.

The Building Code of Australia will adopt five-star energy efficiency measures for new homes from May 1, raising concerns about the potential impact on construction costs.

The Claremont City Council has given developers Hawaiian and Multiplex the green light for a $340 million, seven-storey residential and retail development along St Quentin Avenue in Claremont, almost a decade after the developers bought the site.

The state government’s announcement of a new state-wide land and redevelopment agency is welcome news for those in the industry who believe local governments have stifled development in parts of Western Australia.

MLG Realty has appointed Jason Whiteman (pictured) to the newly created position of general manager.

Another prime mixed-use lot has been released to tender in Midland amid a booming commercial and residential property market in Perth’s north-eastern corridor.

The National Trust of Australia (WA), a community-based heritage organisation, has raised concerns about the future of Newspaper House and other heritage-listed buildings when the proposed 28-storey Westralia Square building, by Multiplex and Griffin Grou

The Town of Victoria Park has knocked back an application for a 12-storey residential and commercial development near the foreshore at Burswood, further illustrating the growing issue of high-rise development.

Fremantle identity and Esplanade Hotel managing director Marilyn New is in mediation talks to secure planning approval to build 65 apartments within the existing Wool Stores building in Fremantle.

Western Australia's third largest building group, the JWH Group, has acquired the state's longest established housing company, Plunkett Homes.

The Australian Securities and Investments Commission has obtained interim asset freezing orders against four directors of Westpoint and a number of companies associated with Westpoint founder Norm Carey.

Subiaco-based property asset manager Wentworth Mutual Ltd has raised $20 million capital, mainly to reduce borrowings against conditionally secured property purchases that are yet to settle.

Commercial office rents in Subiaco are said to be matching, and in some cases rivaling, rents for prime space in West Perth as businesses line up to get a piece of the Subiaco lifestyle.

Property industry representatives remain skeptical of any real benefits to homebuyers as a result of the State Government’s tax reform plans announced last week.

Subiaco-based property asset manager Wentworth Mutual Ltd has raised $20 million capital, mainly to reduce borrowings against conditionally secured property purchases that are yet to settle.

Hot on the heels of Perth’s residential land grab are industrial land and property buyers snapping up land and office-warehouse developments in the burgeoning suburbs of Wangara, Balcatta, Malaga and East Rockingham.

Western Australia is in the grips of amber fever, with three new breweries in the pipeline set to cash in on the growing consumer market for premium boutique beer.

Mack Hall and Associates are auctioning five rare green title lots on-site at North Fremantle on March 25.

Hot on the heels of Perth’s residential land grab are industrial land and property buyers snapping up land and office-warehouse developments in the burgeoning suburbs of Wangara, Balcatta, Malaga and East Rockingham.

Fremantle businesses used an audio-visual presentation last week by developer ING Real Estate and project architects Cox Howlett & Bailey Woodland to voice concerns over the proposed $200 million Victoria Quay redevelopment.

Roy Weston CEO Geoff Baldwin has stood down from the position he has held for five years and has passed on the reigns to the group’s current leading franchisee, Shane Kempton.

The tight real estate market and an increase in commercial rent prices are not stemming the tide of serv-ices companies setting up shop in Western Australia as the resources boom continues to attract business to the state.

Dunsborough’s growth from sleepy seaside town to the playground of Perth’s elite has forced local real estate agents to change their businesses models to better deal with their new clientele.

Listed residential property developer Cedar Woods has expanded its residential property portfolio in Melbourne, paying $24 million for 57 hectares of land in Lalor.

Cedar Woods Properties has expanded its residential property portfolio into Melbourne's northern growth corridor paying $24 million for the acquisition of 57 hectares of land in suburban Lalor.

Some well-qualified Perth lawyers working in the field of construction law are using their understanding of architecture to better communicate with their clients on the issues that may arise on projects.

Receivers will soon put several former Westpoint sites on the market for sale in an attempt to recover cash to pay creditors following the property developer’s recent collapse.

The winner of a battle between two of Perth’s property heavyweights could be known next month, with Axiom Properties Ltd last week filing documents with the Australian Stock Exchange and the Australian Securities and Investment Commission to put the two b