Property

PROPERTY Council executive director Joe Lenzo has criticised the State Government for relying on a high number of property transactions to fund essential services.

In this week’s report on development Tracey Cook looks at pre-commitment.

AFTER years of lacklustre growth and playing second fiddle to southern regional centres, the Mid-West regional city of Geraldton is experiencing a change in fortunes. And investors are beginning to take note.

THE 100-metre setback guideline for all development in the State Government’s new coastal planning policy has received a mixed response from the property development industry.

WITH the lifestyle themes becoming more important in the marketing of residential estates, it is common for these developments to be built around recreational facilities such as golf courses, ornamental lakes or marinas.

WESTERN Australia’s system of ministerial planning appeals has ended and a more transparent and accountable system has been implemented.

Driven by different economic factors, investment into commercial and residential developments tends to follow a cyclical pattern.

A PRIME Fremantle property situated on the corner of Queen and Cantonment streets will be auctioned on June 4 2003.

THE old saying that ‘beauty is in the eye of the beholder’ is never truer than when applied to property developers and heritage buildings.

In this week’s instalment on property development, Tracey Cook looks at getting approval and finding finance.

MORTGAGE broker, Mortgage Choice has recorded a growth of 34 per cent in Western Australian home loan approvals for the March quarter 2003, compared with the same period in 2002.

HOME construction is becoming an increasingly attractive option as the median house price pushes through the $200,000 mark, with growing numbers of Perth investors sinking their money into house and land packages.

IN general terms a ‘developer’ is considered to be an investor in property, whether it be a construction company that also undertakes its own development projects, or a property assets trust developing a recent acquisition.

A REPORT by FPD Savills has estimated a 14 per cent level of overall vacancy in the CBD by the start of 2004.

In the final part of a series on the real estate industry, Tracey Cook examines the work of property valuers.

A RECENT economic impact report has highlighted the State’s billion-dollar land development industry as a major employment generator and contributor to the economy.

CONTINUED strong growth is forecast for the Greater Bunbury region during the next decade.

They may not be popular in WA but auctions offer benefits to both vendors and buyers, as Tracey Cook reports.

THE rapid pace of technological change has presented building managers and property developers with a new dilemma – what technology infrastructure should they implement?

A RECENT court ruling in New South Wales may have an effect on land valuations in built-up Perth suburbs such as Cottesloe and Mosman Park.

INCREASING numbers of tenants are calling on professional services to help them negotiate a better commercial lease.

THE construction of Exmouth Marina Village is already delivering benefits to the local economy, with LandCorp estimating about 20 per cent of the contracts value was flowing back to

PLANNING and Infrastructure Minister Alannah MacTiernan has appointed Peter McGowan, a barrister who has specialised in planning law, as the new chair of the Town Planning Appeal Tr

In this week’s look at the real estate industry Tracey Cook ponders the question that has the commercial office market guessing.

WORK has commenced on the Subiaco Sustainable Demonstration Home, an environmentally friendly display home in the heart of Subiaco Centro.

THE City of Perth proposal to sink all the railway lines in Northbridge is now available to the public in the recently launched document, Realising a New Vision for Perth.

THE housing and renovation industry accounted for over one third of Australia’s economic growth in 2002.

SPURRED on by the poor performance of the stock market, low interest rates and government incentives, investors have been spending up big on property.

MIRVAC Fini will sponsor an annual art event in order to develop links between its new Quay West Resort Bunker Bay development and the Margaret River art world.

ALL property owners in Western Australia will contribute to funding the State’s fire and emergency services from July 1 this year.

EAST Perth Redevelopment Authority has sold three lots in The Village Northbridge precinct for a total of more than $1.45 million.

PROPERTY owners and tenants are grappling with the costs of implementing increased security amid current global tensions and local crime patterns.