Long-time Tsunami restaurant owner Brett Carboni has succeeded in getting approval to redevelop his Mosman Park building into an apartment and eateries development.
Hundreds of freight and transport service workers will move into a former detention centre site, that covers 3.23 hectares of land, and free up properties for rent in Port Hedland.
Demand for industrial properties continues to grow with more than $20 million worth of developments and nearly 25,000 square metres of warehouse and storage area green-lit today.
A “mindbogglingly big” warehouse will join Hesperia's 75-hectare Roe Highway Logistics Park after a development panel unanimously approved the $22 million proposal.
Saracen Properties has received approval for a proposed $85 million East Fremantle project and a time extension to find a builder amid the constrained construction market.
Broader praise for Western Australia's ‘ironclad budget' has been accompanied by industry calls to build the state's investment appeal and diversify the economy.
A move to extend the price cap for apartments eligible for stamp duty rebate is expected to cost the state government $33 million, as part of a $750 million package to boost housing.
The rent assistance limit has been increased to help more than one million Australian households, which is expected to cost the federal government $2.7 billion over five years.
Perth's mortgage delinquency rates have more than tripled for new homeowners this year and rents have risen by 13 per cent, the highest of all the capital cities.
Perth home values continue to rise in the past month with the median house price recorded as more than $570,000, according to recent reports by property groups.
The state government will invest $511 million to tackle the housing crisis as part of the upcoming Western Australian budget, including building 700 new homes.
Ventura Homes backtracked on a promise to complete construction of a new house just weeks after a SAT battle over delays to the building was scratched.