Property

EG Funds Management has lodged an application for a $135 million apartment complex, combining build-to-sell and build-to-rent dwellings.

New residential land sales have dropped 17 per cent in the last quarter and 4.6 per cent this financial year, Urban Development Institute of Australia figures reveal.

OP Properties’ Montreal Commons has been recognised as one of Australia’s first carbon neutral apartment buildings.

The Supreme Court of Western Australia has overturned a winding up order of health care architecture firm HHA Architects, which was put in liquidation more than a year ago.

Property developer Norm Carey has lost a last-ditch attempt to contest outstanding land taxes totalling $700,000 after the appeal was thrown out by the Supreme Court.

Leading developer Nathan Blackburne has painted a more positive picture than many of his peers, saying build costs are expected to decrease and labour availability will improve next year.

A contentious plan to increase the height of Mirvac's Burswood development by 29 storeys has drawn ire from some locals but gained support from Town of Victoria Park planning officers.

Median house prices in nearly a dozen Perth suburbs have hit the $1 million mark for the first time ever during the 2021/22 financial year.

Creditors of Pindan Constructions are set to find out how much of their debt will be recovered in a matter of weeks, 14 months after the building group collapsed owing creditors $90 million.

Groundworks have begun on a 19-storey tower at Brookfield's Lot 6 development, where it is understood a big four accounting firm intends to move.

A development panel has struck down proposed changes to a $320 million development on the Chellingworth Motors site, including an additional 137 apartments.

The property fund’s WA assets accounted $34.2 million of an overall $326 million valuation gain.

Michael McGowan’s journey to the top of WA’s peak housing body featured a serendipitous alignment of circumstances.

The CBD has seen a 0.8 per cent increase in office vacancy rates in the past six months as new supply hits the market, Property Council figures show.

Retirement villages will be forced to pay exit entitlements within 12 months under amendments to laws regulating retirement villages proposed by the state government.

St John WA has snapped up the Belmont property for $11.55 million, as part of its expansion plans.

Centuria Office REIT ended the recent financial year with a statutory net profit of $115 million, a 50 per cent jump from the previous reporting period.

Progress on a 112-unit facility to house people experiencing homelessness has hit a snag amid rising construction costs.

The state continues to defy national trends and set new house price records, with median home values lifting 0.2 per cent as national prices track south.

Stirling council considers mandating social housing accommodation as part of any new development featuring 20 or more units in the City of Stirling’s commercial hubs.

The Fremantle land initially marked for a four-star hotel is now under new ownership after construction of a proposed DoubleTree by Hilton failed to start.

The land developer has issued a brief update to its shareholders on its expected 2021-22 performance.

Interest rate rises are tipped to send property prices plunging up to 15 per cent nationally over the next 18 months, but Perth is expected to buck the trend.

The building that Napoleon Street cafe Vans occupies sold for a record price for the strip, changing hands after close to 70 years of ownership.

The state has handed over swaths of subsidised land for 44 affordable homes in the housing-strapped resources hub of Karratha, but it will only put a small dent in the waiting list.

Developers are navigating choppy waters to progress tourism resorts in regional WA.

Detailed plans of Adrian Fini’s $280 million Smiths Beach Project will be scrutinised during a six-week public consultation phase.

Perth-based Greenpool Capital has partnered with global real estate investment manager Savills to acquire a shopping centre in Perth’s south-east for $81.5 million.

CBD retail vacancy rates have hit a new high of 20.6 per cent, despite spending patterns improving, JLL research shows.

Not-for-profit health care group St John of God has unveiled plans to build a new hospital in the state’s South West next year in a bid to keep pace with the region’s growing population.

Singapore-based High Street Holdings has purchased Peppers Kings Square hotel in Perth CBD for roughly $26 million, with a rebrand in the works.

The building that houses entertainment and dining venue Dragon Palace restaurant has hit the market and is available with a lease back to the current business.