Property

Perth-based construction company Monford Group has announced it will be expanding its footprint on Australia's east coast by opening a new regional office in Brisbane.

Jeff Leach has sold a Murray Street Mall retail complex to Banjo Bond, in the largest retail transaction in the CBD this year.

An eastern states buyer purchased the $4.5m property, with a view to expand their business.

Nearly 100 beds and two storeys have been added to a $40 million student accommodation project, to be built on a Perth CBD site owned by a syndicate that includes the Eagles' boss.

A three-storey apartment project in Alkimos has been approved, with the developer opting to go through the local government pathway after the state government reformed the planning system.

Industrial developers are waiting for up to two years to have their projects connected to the grid, prompting calls for change.

The city's rental vacancy rate has hit a new record of 0.4 per cent, while rental prices are growing at the fastest rate in Australia

The land developer intends to build more than 200 apartments on the $15.5 million site, acquired from the City of Subiaco.

Construction costs in the state remained steady at a 0.7 per cent growth, while the national rate continues to stablise in the recent quarter, the latest data shows.

The oceanfront property was acquired by Hong Kong's Oriental Property.

WA has reported its second lowest dwelling starts since records began in 1969, but housing completions are improving.

Customers of the Osborne Park builder, which entered liquidation this month, have been advised to access home indemnity insurance.

A JLL report has shown that Perth's industrial rents have remained stable in the past three quarters, while other jurisdictions have experienced growth.

Multinational architecture firm OMA has brought its global perspective to Perth.

BGC chairman Neil Hamilton has stepped down after more than five years in the role, with Jennifer Seabrook taking his place as the board continues to pursue a sale of the business.

Cape Bouvard has divested three lots to private investors for a total of $4 million.

An unlicensed real estate agent who pocketed rent has been convicted and fined in court, with her actions being described as undermining the industry's standards and trust.

ICD Group is paying a premium to move to the fund's Canning Vale facility, as part of its entrance to the Australian market.

The state government has contracted two Perth builders deliver 19 social houses in Perth's southern suburb of Hamilton Hill.

Home prices in Perth have risen more than 50 per cent since the COVID-19 pandemic began, according to recent PropTrack data.

The law firm is set to occupy level 14 of the 43-storey tower.

Persistence has paid off for one Perth architect, who is helping house rough sleepers.

The city has again outpaced other capital cities to reach a new peak house price.

A development panel has approved billionaire Alexandra Burt's $21.5 million plan to build a boutique hotel and chalets at the Wallcliffe House site in Margaret River.

Blackoak Capital Ventures has cleared a planning hurdle in its multi-million-dollar restoration proposal of Edward Millen Reserve, receiving a development panel's approval.

A flexible workspace provider has finalised a deal to move into GDI Property Group's WS2 tower at Westralia Square.

Tender documents for a Mandurah permanent housing development have detailed plans for a six-storey residential and support services complex, four years after it was first announced.

It was a case of third time lucky for Locus Development Group after an assessment panel approved its redesigned Fremantle townhouses that were estimated to cost $38 million.

The Property Council of Australia and Shelter WA have released their state election platforms, painting a bleak picture of the state's housing sector.

The project includes a 226-build-to-rent development and 72-dwelling build-to-sell component.

The City of Melville council has backed a business case to replace its library with a three-storey centre despite an estimated cost increase to nearly $60 million.

The hotel operator is expanding its footprint in the state, hinting at further projects beyond its newly opened Murdoch hotel.