Property

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

Home buyers took advantage of a virus-flattened housing market in August, as borrowing rose by 12.6 per cent on the previous month.

One of Australia’s longest-standing property companies, Richard Noble & Company, has purchased a 50 per cent stake in Perth-based property funds manager Quadrant Investments.

Western Australia’s property groups have welcomed the state budget, in particular no new taxes or charges for property, but continue to call for housing stimulus timeframe extensions.

Once facing collapse, building company Cooper & Oxley has emerged with a restructured business and a new leadership team.

A Perth man has admitted to applying for eight fake building grants under the $20,000 state government Building Bonus scheme.

Multinational retail discount store Costco has received development approval to open a second store in Western Australia, planned for Casuarina, within the City of Kwinana.

The federal government will support an additional 10,000 first home buyers with the purchase of a new home, under the First Home Loan Deposit Scheme.

Mair Property Funds has purchased an industrial property in Canning Vale for $12.4 million, the group’s first acquisition under its new investment fund.

Construction has started on Arise Developments' $25 million shopping centre development in Rockingham.

Agem Property Group has opened the doors of its latest project, the $14 million Iluka Plaza shopping centre.

After several concept plans and years in the making, the $121.5 million Spoilbank Marina in Port Hedland is progressing, with a tender released for early works.

Tight building start times under the state government’s housing stimulus grants are leading some builders to cancel jobs and return deposits, according to the Housing Industry Association.

Perth’s housing value remained steady through September as economic conditions in Melbourne and Sydney weighed negatively on the national market, according to new CoreLogic data.

Demand for new houses remained strong in August, particularly in Western Australia, following the relaxation of COVID-19 restrictions in most jurisdictions.

Hesperia, in partnership with Birchmead Property Group, has acquired Lot 118 within the Murdoch Health and Knowledge Precinct, to deliver approximately 120 residential apartments.

Architecture firm Bates Smart hopes it can raise the bar for vertical living through its design of what will be one of South Perth’s tallest towers.

The state received 285 development applications valued at more than $5.4 billion during 2019-20, with a new Act set to boost that pipeline further.

Masonic Care WA has launched the $45 million first stage of its Middle Swan Aged Care Campus at a ground-breaking ceremony this morning.

The Housing Industry Association’s latest survey has named BGC Housing Group as the largest builder of Western Australian homes, followed by ABN Group.

Will working from home reshape the role of the office? Business News explores the potential impact on Perth’s commercial property sector as part two of the Working From Home Series.

Property developer Peet has released the first stage of its new residential estate in Perth’s northern corridor, Elavale at Eglinton.

A new Bill promising to improve the security of payment across the Western Australian building and construction industry has been introduced into parliament today.

Perth's residential property market is topping Google searches nationwide, with those results starting to reflect buyer demand.

During August, Australia’s home loan pre-approvals hit their highest volume since 2014, according to mortgage broker Aussie.

St John of God Subiaco Hospital has lodged plans with the Town of Cambridge for a proposed revamp and expansion.

PACT Construction has started work on Iris Residential’s 46-apartment development, One Mabel Park, in Jolimont.

Perth-based building technology company NXT TEC has received a patent from the European Patent Office for its prefabricated floor system.

Scott Morrison is being urged to extend the HomeBuilder program after new research found the coronavirus pandemic could savagely cut housing demand over the next three years.

The inaugural Perth Home Builders Expo launches at Perth Town Hall tomorrow, aiming to provide buyers with finance, land and building advice, amid an uptick in new home sales.

Cedar Woods Properties has received planning approval for a development featuring 41 dwellings on 133 Salvado Road, Subiaco.

BGC Australia has reached an agreement with the consortium that acquired Midland Brick last year to buy the brand and its manufacturing operations.