WA housing approvals fall

The McGowan government is facing renewed pressure to reconsider its proposed foreign investor surcharge, and its removal of the $5,000 first homebuyers boost.

Delta, Brajkovich secure WA work

Melbourne-based Delta Group has been awarded two contracts in Western Australia, with a $4.2 million demolition job for the state government and work for CBH Group.

Brookfield builds for the future

SPECIAL REPORT: Commercial property player and Perth’s biggest landlord, Brookfield, is building on its success across the city with big plans and a strategic focus.

Sirona positive on Perth growth

SPECIAL REPORT: Taking a long-term view of WA’s development potential is paying off for Sirona Capital.

Perth office market absorbs foreign funds

SPECIAL REPORT: The greater volume of funding for commercial property is helping drive a push for diversification.

Nicheliving refreshes ASX listing plan

Property developer Nicheliving has hit the restart button on its planned ASX listing, after making several major changes to the business, including announcing plans to appoint a new corporate adviser and auditor.

QBE report calls Perth house price rise

A fall in Perth house prices over the next 12 months will be followed by modest growth and an overall 5 per cent improvement by 2021, according to a new housing outlook report.

Labor property tax policies to damage WA housing: MBA

Federal Labor’s proposed changes to negative gearing and capital gains tax would hit Western Australia’s residential building sector at a time it is already reeling, according to economic modelling commissioned by Master Builders Association.

Buyers track value in Perth office market

The Perth office market offers good value to buyers looking to hold for the longer term, according to research from CBRE.

Property deals wrap

In the latest property deals wrap, Woolworths makes a $27 million sale, while Sirona Capital spin-off Harvis Corp and US private equity firm Black Mountain Metals have leased office space in the Perth CBD.

Owner-occupiers step into apartments

This now-mobile group is a key driver in Perth’s reviving apartments market, making up 65 per cent of buyers.

Irvine writes his menu for On The Point

Mining services entrepreneur Neil Irvine has doubled down on his investment in the hospitality sector to take full control of the $40 million-plus On The Point precinct.

Foreign investors hit too much, too late

Opinion: The WA government has got the timing and scale wrong with its move to introduce a 7 per cent surcharge on foreign property buyers.

CBRE marketing Compass building

The A-grade office building at 12 Newcastle Street on the north eastern edge of the CBD has been offered for sale through CBRE.

Govt backs Airbnb inquiry

The state government has backed an inquiry into short-stay accommodation providers, just days after the Australian Hotels Association called for a tightening of regulation of the sector.

Charter Hall buys Optima Centre in Osborne Park

Charter Hall has bought the Optima Centre office park in Osborne Park for $126.2 million and will hold the asset across two of its investment trusts.

Low-income, older renters face hurdles

Two fresh studies warn vulnerable renters are locked out by structural challenges in the market.

Perth retains most affordable mantle

A new Housing Industry Association report has again labelled Perth as the most affordable capital city in Australia, but says WA’s first home buyers grant is not having the desired effect.

HIA appoints regional director

The Housing Industry Association has appointed former Chamber of Commerce and Industry of WA director of advocacy Cath Hart as its Western Australian regional director.

Neil Hamilton to chair BGC Australia

BGC Australia has appointed three high profile independent non-executive directors to help advise the family-owned business empire as it enters a global sale process.

Property deals wrap

In the latest property deals wrap, three sites are on the market, including Aldi in Wattle Grove, 675 Murray Street and a 20-hectare slice of land in the Shire of Serpentine Jarrahdale, while an industrial site in Welshpool recently sold for $2.8 million.