Perth residents want to live in apartments, and not just in the inner city, however, a leading industry lobby group believes the state government's planning regime is leaving them with little choice than to buy houses and land.
Changes to residential development guidelines – designed to ensure density is built in appropriate locations – have the potential to drive up the price of housing, put pressure on existing infrastr
Home builders have given an overwhelmingly positive response to the state budget, but other major players in the property sector have criticised the scrapping of the $3,000 first home buyers grant
BIGGER is not necessarily better in Perth's burgeoning apartments market, with new research showing buyers prefer smaller buildings to high-rise projects.
Proposed new fees for foreign buyers of real estate are looming as a potential impediment to offshore investment in Perth's apartments sector, at the same time local developers are shifting their f
The state government has passed the onus for reform onto local government authorities, with boundary adjustments only set to proceed if they are backed by the councils involved.
Perth's office market remains on solid footing despite a rising vacancy rate that's forecast to peak at 19 per cent in 2016, with pundits saying the state's strong economic fundamentals and a small construction pipeline past 2015 will bring balance back into the sector.
Commercial rents in the Perth CBD have been tipped to fall by 9.4 per cent over the next 12 months, with the Western Australian capital one of only two major Australian cities to experience a contraction in office rental values.
Developers are set to be offered incentives by local governments to create affordable housing options, part of a suite of changes to the state's planning guidelines adopted by the Western Australia
The costs of poor planning and delayed infrastructure in Western Australia have been revealed according to a new report from the Property Council of Australia.
Industry has welcomed the state government's commitment to creating more affordable housing options through changes to Western Australia's strata title laws.
Expansion of Western Australia's retail space is not keeping up with the state's population growth, falling short by around 200,000 square metres, according to a new survey by the Property Council
Offshore buyers are increasingly interested in Perth office stock, but limited assets for sale and the city's rising vacancy rate are stifling opportunities.
Vacancy across Perth's suburban office markets contracted slightly over the past six months, in sharp contrast to the CBD commercial property vacancy rate, which has blown out since the middle of last year.
Perth's established suburbs accounted for just 28 per cent of all urban land development in 2012, well below the long-term 'infill' target of 47 per cent, prompting calls for regulatory reform from the Property Council of Australia.
FEATURE: Architecture and planning professionals have some innovative solutions to the challenges Perth faces in reaching the world's top five most liveable cities.
Commercial real estate agency Colliers International has tipped a wave of refurbishments or conversions in Perth's office market, as landlords in older buildings look to deal with a rising vacancy
The state government has streamlined the planning approvals process, rolling out consistent regulations across local governments, introducing online application systems, and removing the requirement for single homes that meet R-Code regulations to have to go through the planning approvals process.
The City of Perth and the Metropolitan Redevelopment Authority have formalised an agreement to cooperate on planning developments such as Elizabeth Quay, Perth City Link and the Riverside project.
The City of Perth and IBM will meet with businesses and agencies over the next three weeks as the council seeks to improve the city's infrastructure and planning, as well as create a 3D portal for investors.
FEATURE: Perth is in the middle of its biggest wave of office construction in decades, but a sustained burst of new supply means future prospects for commercial developers are increasingly bleak.
The state government's tight 2014 budget and widespread job cuts in the resources sector have put the clamps on positive sentiment in the property sector, according to the Property Council of Australia.
Legal action launched by three metropolitan area councils against Local Government Minister Tony Simpson is a ‘disappointing, last-ditch attempt' to derail the merger process, the Property Council
St Andrew's Church on St Georges Terrace will remain closed for the foreseeable future due to structural issues, unless the Uniting Church can secure an anchor tenant for a planned 22-storey office tower.
Western Australia's leading property industry groups have warned the government not to abolish its Keystart shared equity home loan scheme, arguing it could push thousands of low-income earners into public housing.
The government appears to have reacted to pre-budget industry fears by declaring only modest cuts to new housing market entrants' stamp duty concessions, however it still earned the wrath of some industry players.
SPECIAL REPORT: The Economic Regulation Authority has dismissed calls from several industry bodies for the creation of an independent infrastructure advisory body, saying it is an added cost unlikely to contribute much.
