Property

A Perth CBD-based real estate agency has been fined after failing to lodge nine security bonds worth more than $14,000 within the deadline.

The state's house prices continue to grow at a faster rate than other jurisdictions, with another 2 per cent jump last month and 22 per cent rise in the 12 months to May 31.

City of Perth Lord Mayor Basil Zempilas has lauded the Forrest empire's plans for Carillon City, revealing the development will include student accommodation as part of a university-centric city vision.

Golden Sedayu is preparing to start construction on the long-awaited Belmont Park precinct.

A workers accommodation plan on land owned by B & J Catalano remains in limbo after a development panel was unable to decide on the multi-million-dollar proposal.

The City of South Perth is set to transfer the retirement facility to private hands, following a $21.8 million deal.

Two family-run Perth motels, owned by John Christie for more than 30 years, have been sold to international investors for a total of $57 million.

The state is expected to record a 27 per cent uptick in home starts next financial year, but this won't align with the population's needs.

The sale of a holiday home to the Franco family and Empire Retreat to local investors have highlighted the attraction of the area.

The supermarket giant's development arm has bought two hectares of land at Cedar Woods' Eglinton estate for $14.3 million.

The Subiaco-based developer is set to split into two different brands, following a strategic review of its operations.

Commercial property developers are at boiling point with Western Power connection delays, citing the backlog as a major project feasibility concern.

The Subiaco developer has pieced together a $100 million plus estate across 30 hectares in the Westport precinct.

Listed FFI Holdings has bought $5 million of vacant industrial land in Jandakot, growing its local portfolio.

Yolk Property Group has proposed to build a country club in Margaret River, in partnership with Everland Communities and retirement operators Chanje partners.

A $14 million neighbourhood centre, opposed by the Cancer Council for promoting fast food close to a school, has been approved by a development assessment panel.

A $78 million, nine-storey apartment project is being lodged with the City of Subiaco today.

Recent data from Urbis shows apartment supply is increasing, but it is still not expected to meet demand.

State finance minister Sue Ellery says a new three-staged reform of procurement practices across Department of Finance-led construction projects will “ensure a fair go for everyone” within Western Australia's building and construction industry.

The mining magnate has acquired a significant chunk of coastal land in a $107 million deal, as a plan to rezone the area sits with government.

Perth had the highest annual growth in the median price of residential land among Australian capital cities in 2023, according to a property industry report.

Developers are faced with greater choice when it comes to getting their projects over the line.

The real estate group's largest residential office has chosen not to renew its franchise agreement after 18 years.

A 928-room hotel and beer garden has been proposed on the site of a shuttered caravan park overlooking Karratha's salt flats.

The city's rental vacancy rate has risen above 1 per cent for the first time in almost three years, Proptrack says.

JJ Leach Group boss has slammed the state government's ‘shovel-ready' planning pathway after the developer's $65 million Claremont project took years to be approved.

Government intervention in housing and energy spheres speaks as much to the lack of investor interest as it does political overreach.

Lester Group will sell a Jandakot site to a national property developer, which plans to build 46 warehouse units.

The industry has largely welcomed the federal budget's investment in housing, but say more needs to be done if the country is to reach its housing targets.

Architects are increasingly repurposing existing assets, as the world's focus on climate change intensifies.

Damian Collins says people tend to make more mistakes in a heated property market.

Malaysian developer SKS Group has put a development site on the market, where it has a $120 million apartment tower approved.