Developer Tim Willing has called out Perth property buyers as being stuck in the past, but forecasts a shift away from expectations of larger blocks and big homes.
A development assessment panel has given the green light to Willing Property's $32 million apartment proposal on Lake Street, with construction slated to start next year.
The former Midway Taxi site in Mount Hawthorn has sold for $9.1 million, the latest in a series of property sales and developments along the city fringe.
Willing Property will progress its plans for a four-storey apartment project in Mount Lawley, after the development was approved by planning authorities this morning.
A Western Australian coffee shop and coastal home were among the winners in this year's Australian Interior Design Awards (AIDA), while Hassell took out top national prize for its design of an Italian restaurant in Melbourne.
Four significant apartment projects and a $27 million shopping centre revamp are stimulating major urban renewal at Bassendean's historic Old Perth Road.
Mulitplex has received 54 registrations of interest, complete with a $5,000 registration fee, for 37 apartments to be offered as part of the Steve's redevelopment in Nedlands.
OPTIMISM appears to be returning to the inner city apartment scene with the level of inquires in the $500,000-plus market increasing during the past month.
