Developers are tipping the next wave of demand for apartment projects to come from two very disparate demographics – baby boomers close to retirement and generation Ys looking to get on the first rung of the property ladder.
Our annual Apartment Developers feature discusses the oversupply debate of apartments in Perth's inner city, the government's proposed changes to strata titles, and the next wave of demand for apartment projects.
The rollout of major apartment projects is continuing in East Perth, with Finbar Group unveiling a new joint venture on Adelaide Terrace, and JAXON signing a $45 million deal to build the last stag
The centre of Northbridge is set to go high-rise, with development approval issued for two separate towers on James Street, comprising 112 apartments and a 206-room DoubleTree by Hilton hotel.
Finbar Group has completed its $100.3 million Spring View Towers project in Rivervale, with $96.6 million already secured from the sale of all but seven of the 188 apartments.
Apartment developer Finbar Group has responded to scathing criticisms from the Labor opposition of the state government's investment in its Pelago project in Karratha, saying comments from oppositi
Finbar Group is set to start marketing its latest apartment project next month – an $86 million, 143-dwelling development in West Leederville – after it received the tick of approval from the Metro Central Development Assessment Panel.
Apartment development specialist Finbar Group has notched up its eighth consecutive year of profit growth, with the results indicative of Perth's growing appetite for high-rise dwellings.
Finbar is planning a 30-storey residential tower at the Civic Triangle site in South Perth, flagging a $300 million proposal today after completing the acquisition of the property in a transaction initially announced last month.
Finbar Group has made a $27.3 million offer to acquire and develop the Civic Triangle site in South Perth after being named the City of South Perth's preferred development partner for the site.
Apartment developer Finbar Group is set to lodge another record net profit, with a $36 million result in FY14 to be its eighth consecutive year of profit growth.
Parts of the East Perth skyline will start to rival the height of the central city after Finbar Group secured planning approval for what will be Perth's tallest apartment tower.
Finbar Group has gained planning approval for a new apartment project that combines a 38-level tower with restoration of two former ABC buildings on Adelaide Terrace.
Apartment developer Finbar Group has formalised its relationship with construction firm Hanssen, while also unveiling its third project at the Springs Rivervale urban infill development site.
West Leederville is becoming a development hot spot, with Finbar Group entering a joint venture for a $90 million apartment project located near three new commercial buildings.
The granting of planning approval for a $400 million apartment project in Port Hedland has focused attention on environmental issues facing the Pilbara town.
Finbar Group is on the lookout for new opportunities in the Pilbara, despite selling less than half the apartments in its most recent project in Karratha.
Finbar Group has obtained planning approval to build 154 residential apartments at the Springs precinct in Rivervale, coming off an announcement last week of approval for a $170 million project in Subiaco.
Apartment specialist Finbar Group has signed its second joint venture with investment and development group Swanline, unveiling plans to build a $31 million, 59-apartment project in Lord Street.
Growing demand for quality apartments and resort-style living in Karratha is providing an increasingly lucrative niche for property developers and investors.
