Property

The federal government will stump up $350 million under a new housing accord to build 1 million new homes before 2030 as well as incentivising older Australians to downsize and free up supply.

Ballajura and Alexander Heights are among Perth’s top spots for mortgage delinquencies, according to data obtained by Moody’s Investors Service trawling through residential mortgage backed securities.

A proposal for a five-storey development in West Perth has been given a thumbs up from the City of Vincent, despite more than 300 objections received during public consultation.

Western Australia’s largest local government has launched an online service, aimed to streamline more than 65 per cent of development applications lodged each year.

A $35 million development in Nedlands has hit a roadblock amid the “heated construction market", with applicant Oryx Communities requesting a two-year extension.

The Town of Cottesloe has been dealt major blows this week after it failed to prevent two developments from gaining approval.

The City of Busselton has remained firm in its opposition to Adrian Fini's Smiths Beach Project, questioning whether the proposal was "development ready".

The Jersey Street asset was sold by a syndicate of six sellers.

Electrification of buildings is key to reaching net zero targets, industry experts say.

The Metro Inner-South Joint Development Assessment Panel unanimously approved SKS Group's proposal to build a 19-storey apartment building in Burswood.

The low-profile Perth billionaires bought the asset from global aerospace and defence group L3Harris Technologies for $4.18 million.

Residential builders are returning to normalised levels of activity.

Changes to the state government's home indemnity insurance scheme mean homebuilders can access greater cover, but the policy still leaves apartment builds out.

Spadacinni Homes has received another accolade for its North Beach home, in a weekend of recognition for the property sector.

Primewest’s founders John Bond, David Schwartz and Jim Litis will continue to lead the real estate group’s WA team.

A $600 million technology warehouse has been approved to be built in Belmont, set to be the largest data centre in Western Australia.

Retail giant Scentre Group has pleaded for a two-year deadline extension for its $42 million Whitfords apartment project amid cost escalations and supply issues.

The developer behind the $800 million Perth Girls School project has denied speculation the project is on the market.

Dunsborough real estate agent Joe White will head up the organisation, after Damian Collins’ exit.

Frank Marra will step down as chief executive of the state's land development agency, with tomorrow his last day on the job.

The city has the second highest office occupancy in the country, bouncing back by 7 per cent.

A development assessment panel was unable to decide on a six-storey apartment proposal on the old Mediterranean restaurant site despite a two-hour meeting today.

A survey of close to 800 residents showed that 70 per cent supported density in their own suburb.

Cedar Woods has booked a 12 per cent increase in presales compared with this time last year, but says rising interest rates are keeping a lid on overall sales volumes.

Mirvac Group chief executive officer Susan Lloyd-Hurwitz has tendered her resignation after a decade with the property group, following suit from outgoing chair John Mulcahy.

Developers are taking on risk to build more sustainably, with Fremantle projects leading the way.

Perth has one of the lowest rental vacancy rates in the country with 0.6 per cent compared to a 1.1 per cent rate nationally.

The City of Subiaco has objected to a proposed six-storey apartment proposal on the former Mediterranean restaurant site on Rokeby Road.

Malaysian property developer SKS Group has cleared another hurdle in progressing its $40 million Burswood project, with the Town of Victoria Park council backing the apartment build.

Hesperia’s plans to redevelop the East Perth racetrack into a new town square are gaining traction.

Daughter of bankrupted Perth racing identity Alan Macalister, Kirsty Wardle, has sold two Bayswater properties, both subject to freezing orders in the Federal Court.

The Perth fund manager has bought a South Guildford industrial asset and Queensland medical facility for close to $23 million combined.