Property

With property groups increasingly understanding the potential of heritage assets, Business News explores some of the state’s prominent heritage redevelopments and those in the pipeline.

The state government has unveiled its finalised Subi East master plan, which includes proposed development height guidelines.

Blackburne has announced former Little Creatures general manager Miles Hull will establish a tavern at the bottom of its One Subiaco apartment block.

The state government has purchased 32 off-the-plan apartments across Perth as part of its $319 million Social Housing Economy Recovery Package.

Government housing stimulus packages have helped resuscitate the ailing residential building industry, but will the demand be short-lived?

Resources and agribusiness are supporting demand for industrial land, as Lester Group and Elders take up spots at Harvis’ Muchea industrial development.

Mortgage delinquency rates are worst in Western Australia and will continue to increase across the country more generally over the next year, according to Moody’s.

Luke Saraceni is set to launch an appeal in a bid to resume a $200 million claim against the Commonwealth Bank over the Raine Square project.

Brookfield Properties has received development approval for its plans to build two mixed-use towers at Elizabeth Quay.

Eight of Western Australia’s nine regional centres recorded an increase in median house prices in the September quarter, with Karratha continuing to achieve by far the biggest gains.

Construction and building payment platform ProjectPay has received a 100,000-pound grant to trial its payment system on a 20 million-pound project in London.

COVID-19 has changed the way we move around, but are those behaviours likely to persist? Business News investigates in part four of our WFH series.

Perth’s residential vacancy rate continued to decline over September to 0.96 per cent – only the third time in 40 years it has fallen below 1 per cent.

South Australian-based DiMauro Group has appointed Colliers International to manage the Armadale Shopping City, following the settlement of the group’s acquisition this week.

The construction arm of BGC Australia has secured the works to build boutique apartments in Claremont, as part of a $14 million state government project.

After months of canvassing for timeframe extensions to the Building Bonus scheme, property groups have welcomed the state government’s decision to extend on-site construction start times.

A 12-month housing affordability experiment has been launched at Mirvac’s Iluma Private Estate in Bennett Springs, to better understand the potential cost savings of energy-efficient homes.

Mirvac Group has completed its 104-apartment development, Compass, the final stage of its circa $350 million Latitude Leighton Beach infill precinct.

The City of Belmont’s new $38 million multi-purpose civic centre opened its doors earlier this week, the city’s largest project to date.

The state government’s new housing strategy aims to aims to deliver a 6 per cent net increase in social housing – adding 2,600 homes to the near 43,000 social homes in WA.

Houses in Perth sold 27 days faster in September compared to the same time last year, according to the Real Estate Institute of Western Australia.

A further two businesses have exited Yagan Square, taking the number of departures to 10 since the precinct opened in 2018, as retailers face pressure.

More than 11,000 home builders and renovators have applied for federal government grants but fewer than 800 have received the money.

After a surge in new home sales in August, new home sales for Western Australia fell in September, but were still 36.8 per cent higher than the June quarter.

Global consulting and engineering firm Hatch has expanded its Australian presence by purchasing Perth-based RobertsDay, which is ranked as WA's largest town planning firm.

University students have tackled housing affordability challenges in a new design competition that encourages the use of non-traditional construction techniques.

Joint-venture partners Finbar and Ventrade Australia have purchased a site in East Perth for $16 million, following a state government tender process.

BGC Housing Group has committed to employing up to 50 bricklaying apprentices over the next two years as part of a new apprenticeship program.

Property group Pindan has secured work on a $16 million boutique apartment block in Mount Lawley, with construction to begin this month.

After decades of planning, several marina projects proposing more than 900 boat pens are starting to take shape, but challenges remain.

Serneke Australia has unveiled its first Perth project; an $8 million 20-apartment timber building on Beaufort Street.

A major bank believes the factors point to a surge in Perth residential property.