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Large number of Perth homes sold at a loss

About one in five homes resold in Perth are done so at a loss, new data has revealed, with the city's western suburbs among the hardest hit.

Broad, Crothers, Dawn win govt work

Perth-based Broad Construction Services has shared in $10.5 million worth of contracts awarded by the state government.

Uniqlo on its way to Perth CBD

Japanese fashion retailer Uniqlo will open its first Western Australian store in Perth's Murray Street Mall, with a flagship two-level shop anchoring a $6 million redevelopment of Plaza Arcade.

Slow sales squeeze small developers

There are glimmers of hope emerging for beleaguered apartment developers, despite slugglish sales across Perth.

Landlords look at upgrades to lure new tenants

CBD landlords are continuing to invest in their assets to ensure they remain relevant in an increasingly competitive office market.

MNG heading east with tie-up in Victoria

Top WA land survey firm MNG is branching out to explore opportunities in the greenfields land development market on the east coast.

Selective focus, apartments projects drive Momentum

Buyers' agency and developer Momentum Wealth has braved Perth's patchy apartments market with a new syndicate, raising $6.5 million from investors for a 40-dwelling project in Highgate.

This week's property round-up

Reiwa members reported an increase in weekly sales to 554 this week.

BGC now nation's second-largest builder

BGC has relinquished its spot as Australia's most prolific home builder, but it is still the biggest builder in Western Australia, as the downturn in housing construction continues to be felt.

Another fall in Perth home prices

Perth home prices fell 1.2 per cent in the three months to June, official figures released today have shown, while the average price across Australia's capital cities rose 2 per cent.

Car stacker in liquidation

Perth-controlled motor vehicle stacking business Car Parking Solutions has gone into liquidation.

MSC breathes life into West End heritage

The biggest single user of Fremantle Ports, Mediterranean Shipping Company, has unveiled a new headquarters for its Australian and New Zealand operations in a heritage building in Fremantle's historic West End.

Perth rental market rebounds as prices dip

Leasing across Perth's rental market increased by 17 per cent in August, according to new data from the Real Estate Institute of Western Australia.

High-end builder goes under

Osborne Park-based builder Quattro Homes has been placed into administration, the fourth residential builder in Western Australia to collapse in the past three months.

Housing investment likely to wane: RBA

Housing investment and construction in Australia are likely to wane in coming years, with an accompanying drop in their contribution to the strength of the economy, the Reserve Bank says.

Finance squeeze hurting Perth land market

Land developers are predicting further pain as finance changes put a damper on the industry.

Urbis aims to add value

Consulting and advisory group Urbis is preparing to add property valuation to its suite of services, following its move to customised new premises at The Quadrant on William Street.

Developers wanted to build up Murdoch

Work is expected to start later this year on Western Australia's first dedicated health and knowledge precinct in Murdoch, with developers sought to deliver up to 400 homes, 33,000 square metres of office space and more than 80 short-stay apartments.

Advocacy group to push back on apartments

A new group of property professionals promises to bring balance to Perth's debate over density.

Report slams Perth planning

The bulk of Perth's local governments are missing the mark on long-term strategic planning, according to a new Property Council report into the sector.

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