The average home price dropped 0.3 per cent, to $545,000, in Perth in the 12 months to March, against a national average gain of 6.9 per cent, to $576,100.
Online property rental company rent.com.au has commenced its first day of trading on the ASX, after being acquired by Select Exploration in a backdoor listing.
Demand for apartment living is rising in the western suburbs, but a lack of suitable sites and community opposition to large-scale projects is hampering developers’ efforts to meet buyers’ needs.
Retail and office landlords are building on the City of Perth’s initiative to focus on Forrest Place, which is emerging as the next precinct of the CBD to undergo a significant transformation.
Pindan Capital has bought residential land estate The Reef at Two Rocks, in a deal understood to be worth around $37 million, the third big purchase of prime coastal land in Western Australia recorded
Building Commission head Peter Gow has called for more checks and balances in Western Australia’s housing construction sector to ensure there is no repeat of the collapse of Capital Works Constructions.
The big number this week is the impending breakthrough of the 8,000 barrier for property listed for lease. Since the beginning of March when seasonal demand tailed off, rental listings have been rising at an average of 118 per week which compares with the average of 44 per week since the same time last year.
LandCorp has unveiled its latest residential project, at the former Kim Beazley school site in White Gum Valley, with the development expected to become a model for future urban infill and sustainable
Heralded streetwear retailer Culture Kings is opening a Perth store, signing a lease to take up space in the Hay Street Mall, in a deal brokered by Colliers International.
Fresh from unveiling a $7.3 million revamp of Broome’s Mangrove Hotel, hotelier Prendiville Group is turning its attention to a redevelopment of the Tradewinds Hotel in Fremantle to keep up with new e
Western Australia’s neighbourhood shopping centres are among the standout performers for retail asset sales across Australia, with six transactions this year totalling at least $112 million.
As one $85.7 million project hits its final stages of construction, another begins to come out of the ground; such is the life of Perth’s leading apartments developer, Finbar Group.The developer has r
Two new co-working spaces are coming to St Georges Terrace, with Liberty Executive Offices establishing a space designed for professionals and St George Bank offering free space to small businesses.
Pessimism in Perth’s commercial property sector and the alarming office vacancy rate won’t stop development at Elizabeth Quay, according to the Metropolitan Redevelopment Authority.
Contractor Central Systems, which is best known for its civil construction works, has taken on the work in progress of collapsed builder Capital Works Constructions.
One of Western Australia’s top real estate agents, Vivien Yap, has resigned from ACTON Dalkeith Real Estate and is in the process of setting up her own agency in Claremont.
The $70 million redevelopment of Cloisters Square is complete, with the opening of heralded American-style steak restaurant Chophouse the culmination of a three-year transformation that has repositioned the property from an ageing building to a go-to destination.
RESIDENTIAL investment adviser Momentum Wealth is broadening its offering, unveiling a merger agreement with long-standing commercial real estate agency Mair & Co.