Search

Property

Smaller South Perth towers head back to JDAP

Two previously-rejected South Perth apartment proposals will be reassessed by planning authorities next week, with local developer Sirona Capital and a private Singaporean group scaling back their towers in efforts to win approval.

Affordability plus in housing downturn

Perth's residential downturn has provided a strong boost to housing affordability, but there remains just two regions in the city where it is cheaper to buy than rent.

Yolk, Ventura picked for housing project

A new land and house development is set to revitalise the former Kinlock Primary School site in Ferndale, with Yolk Property Group and Ventura Home Group appointed as project managers.

WA house sizes fall 7%

Western Australians have built smaller homes over the past year, with the average house size falling 6.9 per cent, according to a recent report from CommSec.

Fini Group given go-ahead for heritage project

Fini Group has been given the green light to restore Shenton Park’s Victoria House, with the heritage-listed former hospital to become a retail and hospitality precinct which will be integrated with 81 new dwellings.

Vacancies fall in rental market, rent rise could follow

The latest data from Perth’s rental market suggests landlords could potentially look forward to rising rents in coming months, with vacancies continuing to decline while leasing activity ramps up across the city.

Public art policy under pressure

National trucking giant Linfox is providing a major test for the validity and robustness of local government policies requiring developers to contribute to public art to win approval for major projects.

Safety, efficiency seal Roborigger sweep

A focus on safety and efficiency has helped Tensa Equipment spin-off Roborigger win an unprecedented three of four sponsored platinum awards at this year’s Innovator of the Year ceremony, including the Business News ‘Great for the State’ award.

The Agency to manage Aspen’s $20m portfolio

The Agency has been appointed to manage Aspen Group’s recently acquired $20 million Perth rental portfolio.

Apartments surge in Subi

Subiaco’s apartments market is running hot, with Blackburne racking up rapid sales success at its $280 million One Subiaco development and boutique developer Celtic Properties launching an 82-dwelling development on Roydhouse Street.

Identity through architecture

The new chair of Woods Bagot’s Perth studio wants to bring a distinctly local focus to the global architecture firm.

Mixed results for contracting groups

Contractors Georgiou Group, Ertech and Piacentini & Son have delivered a mixed bag of profit results in the 2018-19 financial year, with Ertech and Piacentini recording large improvements and Georgiou performing below expectations.

Perth building surveyors fined $35,000

Building surveying company Resolve Group and its two directors have been fined a total $35,000 for negligence after signing off on three buildings that failed to meet fire safety requirements.

Kardinya's $100m new town centre

Shopping centre owner-developer Con Berbatis has unveiled a $100 million-plus plan to redevelop Kardinya Park Shopping Centre, with preliminary designs calling for apartments, a cinema and a comprehensive suite of food and beverage and recreational facilities.

Office players lining up for next wave

SPECIAL REPORT: Commercial developers are continuing to prepare for more favourable conditions in Perth’s office market.

Perth house prices continue to fall

House values rose last month in every major Australian city except for Perth, according to the latest home value report from CoreLogic.

Canning back for Rechabite relaunch

Rechabites Hall in Northbridge was officially relaunched as a 1,500-capacity, multi-use venue earlier this month, with the overhaul driven by former Artrage chief executive Marcus Canning.

Minister to intervene in South Perth, planning impasse hits Melville

Planning Minister Rita Saffioti has confirmed the state government will assess whether Finbar Group’s Civic Heart proposal in South Perth should have been approved, while at the same time another planning flashpoint is emerging in Melville.

Primewest winning in tough IPO market

Investors across Australia have backed Primewest’s ambitions to expand its offering via an ASX listing, with the company confirming it has raised its targeted $100 million.

Cedar Woods expands Victorian portfolio

Cedar Woods Properties has acquired a 43-hectare site in Melbourne’s north for $56.65 million to accommodate a master planned community of more than 500 lots.

Stamp duty stimulus good, not great

The state government’s stimulus of the apartments sector has been welcomed by industry, but project eligibility and its likely effect on new home builds are being questioned.

Pages