Economic growth in the southern suburbs, including a $300 million expansion of Cockburn Gateway Shopping City, hinges on a $290 million road project being put forward by the cities of Armadale and
Softening conditions in residential land sales are providing a mixed bag for the industry, with some of Western Australia's biggest players bolstering earnings via increased exposure in other markets, while others are holding course and pushing on in Perth.
Satterley Property Group has increased its Victorian land bank, buying fellow Western Australia-based developer Peet's 1,350-lot Arena Estate in the Greenvale area for $93.1 million.
More than 60 CEOs from WA provided Business News with detailed views on the year past, the next 12 months, their vision for the state, and what they expect from political leaders.
More than 60 CEOs from WA provided Business News with detailed views on the year past, the next 12 months, their vision for the state, and what they expect from political leaders.
Western Australia's biggest homebuilder and the state's most prolific land developer say the heat has come out of the new house and land market, with home buyers set to reap the rewards of an affordability breakthrough over the next 12 months.
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.
Perth's largest residential land developer, Satterley Property Group, is set to launch its fifth major subdivision in Victoria, after securing a 127-hectare parcel of land for $53.5 million.
SPECIAL REPORT: Concerns have been raised over the sustainability of Perth's apartment construction boom, with prominent industry players suggesting Rivervale in particular is in danger of oversupply.
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.
Influential property developer Nigel Satterley has warned Perth's apartment market is in danger of overheating, with excess supply a danger for investors buying off-the-plan.
SPECIAL REPORT: Despite the state government's best efforts, developers say bureaucracy is the main barrier to getting land to market in a timely fashion.
SPECIAL REPORT: Perth's northern and southern fringes remain the hotbeds for residential land development, but short-term supply issues have hit the industry's ability to keep pace with a surge in demand.
Leading property developer Nigel Satterley has hit back at claims the first home owners grant is a policy failure, arguing the grant has provided an ongoing boost to the Western Australian housing market.
Satterley Property Group has added a further 44 hectares of land in the southern suburbs to its development portfolio, located just south of its existing Honeywood estate near Wandi.
AS the world enters its fifth year of economic turbulence and even the best-insulated businesses in Western Australia are being affected, the factors that determine business influence in this state
THE property market around Mandurah may be in the doldrums, but major land developers have taken the breathing space provided by the global financial crisis to prepare for the next wave of growth in the sector.
NIGEL and Denise Satterley's art purchases may have started off as an investment but there's no doubt that the couple has evolved into bona fide aficionados.
The Satterley Property Group and 17 of the state's leading builders are set to combine resources in a partnering arrangement to deliver more affordable housing.
RESIDENTIAL developer Satterley Group has responded to rising demand for residential land in the metropolitan area with the launch of two major new subdivision projects.
The Seven Network Ltd has drawn in some of the big names in local advertising - such as property developer Nigel Satterley and car dealer Brian Gardner - to help deflect conflict concerns its bid for board seats at WA Newspapers Holdings Ltd.
