The Real Estate Institute of Australia says its recently released report into negative gearing shows renters would pay much more if there were to be any changes to the policy, despite claims to the contrary by a leading research institute.
Loans for new houses have fallen to their lowest level for three and a half years, another sign of slowdown in Western Australia’s home building sector.
Telstra has passed the costs of delivering copper wire for new residential developments onto developers, with the charges being described as another blow for housing affordability in Western Australia.
Global fashion giant H&M says its first Western Australian store will open at Lakeside Joondalup Shopping City on August 29, while it also appears to be making progress on opening its planned CBD
Yangebup building company Bellagio Homes has been formally cautioned by the Building Commission's building services board for falling to comply with State Administrative Tribunal orders.
The third DoubleTree by Hilton hotel announced for Perth will likely be the first to open, with forward works about to start and a ground-breaking ceremony held at the Northbridge site today.
Brookfield Property Partners has confirmed speculation that Wesfarmers will leave its home of 30 years on The Esplanade for a new headquarters at the second tower at Brookfield Place.
Vacancies are rising rapidly in the residential leasing market, while at the same time median rents are falling; but that’s just the market returning to normal from its recent highs, according to a prominent local property player.
The Fiona Stanley Hospital has won the top prize at this year’s WA Architecture Awards, with Hassell, Hames Sharley and Silver Thomas Hanley commended for their design efforts.
City of Cockburn residents who had signed up with Freelife Homes say they’re unable to get a new builder to resume construction of their houses, because the council is holding back new building permit
The second measure of Perth's residential real estate market in as many days has shown a similar result, with the Real Estate Institute of WA (Reiwa) reporting a 1.3 per cent fall, or $5,000, in median prices in June.
The financial year finished with sales recording their highest level in the June quarter, with this week’s total activity up 3% to 723, the highest since the pre-Easter surge of 876.
Construction is expected to start in coming weeks on the Fremantle Dockers’ new headquarters, with the City of Cockburn finalising an $83 million contract with construction giant Brookfield Multiplex.
A long-vacant plot at Albany's Middleton Beach has returned to market, with the state government seeking a developer for the former Esplanade Hotel development site it purchased late last year for $7 million.
Perth median house prices remained largely flat in June, recording a 0.4 per cent fall, taking the yearly reduction to 0.9 per cent, according to market analysts CoreLogic RP Data.
Perth Airport has made progress towards the development of the first of two hotels planned for the airport, putting out the call for an experienced operator.The hotel is planned to be located at the A
New home sales in Western Australia have resumed the downward trajectory of 2015 following a modest rise in April, dropping by 8.1 per cent in the month of May, according to the Housing Industry Association.
Developers and real estate agents are embracing virtual and augmented reality technology, as well as sophisticated video animations, to ensure listings stand out in what is becoming an increasingly crowded residential property market.
A Perth-based company has created an innovative approach to address the rising costs of housing construction with its invention of a robot capable of doing the work of a bricklayer.
