Homeswest makes inner-city moves

Perth’s inner-city is at the heart of a policy push by the state government to include more affordable public housing.

Staying up to speed in retail

Perth-based national retail advisory group Retail Pace is under new management, after former director Darryll Askworth sold it for an undisclosed sum last month.

Qube develops master plan

Two former executive directors of local property group Clarke & Hawkins Management have split from the business to form boutique development and investment vehicle Qube Property Group Pty Ltd, taking more than $1 billion of projects with them.

Asbestos removal review

The WA Commission for Occupational Safety and Health is proposing a tightening of regulations concerning the removal of asbestos by lowering the amount of asbestos that can be removed from a site without a licence.

Retail cycle turns up $352m

Western Australia’s retail building cycle is tipped to peak at $352 million in value within 12 months as two major new developments get under way.

Record $29m for Mandurah works

The City of Mandurah has delivered a record capital works budget of $29.2 million for 2006-07, out of a total budget of $75 million, to fund an unprecedented level of building activity in the growing region.

Aspen riding high on local property

Aspen Group has joined the chorus of listed property investment and funds management groups to post strong profit results, this week announcing its net profit increased 248 per cent this financial year to $34.5 million.

Match embarks on a commercial first

The burgeoning commercial and retail area of Myaree is fast becoming an attractive proposition for developers, with boutique residential property developer Match choosing it as the location for its first foray into commercial projects.

Pressure builds on training

The Building and Construction Industry Training Fund is considering a boost to its industry levy to keep apprentices and trainees in jobs, following a forecast 9 per cent drop in housing approvals this financial year.

Myaree high street plan

Norma Road in Myaree is set for a significant change if the City of Melville’s proposed re-zoning for the area is given the go ahead by the Western Australian Planning Commission.

Cbus chasing a share of the action

Executives from Melbourne-based Cbus Property, which is short-listed for the 140 William Street development, made the most of a recent whirlwind trip west by meeting with consortium stakeholders and gauging potential opportunities in the Perth market.

Industrial land push at Busselton

Satterley Property Group is looking at its next big Busselton development, earmarking 260 hectares adjacent to the region’s airport for a mixed use project.

Mine rehabilitation adds fresh dimension to Collie recreation

A former Wesfarmers Premier Coal mine near Collie will reportedly be the first in Australia to be rehabilitated and transformed into a freshwater lake and premiere recreation area.

Less space makes for a cosy office

Personal space may start to become an uncomfortable issue in some workplaces amid the city’s ongoing office market squeeze.

Winds of change blowing in Lancelin

Developers are making moves in the laid-back fishing town of Lancelin in the lead up to the state government’s planned extension of the coast road between Lancelin and Cervantes, scheduled to begin next year.

Industrial land shortage starts to bite

Perth’s industrial sales agents are being forced to ride out a land supply shortage across the metropolitan area as several factors combine to put further pressure on already diminishing stocks of three- and four hectare lots.

Landowners in the loop on Yarragade

Landowners in the South West with property lying in the path of the Water Corporation’s proposed 110-kilometre Yarragadee water pipeline received notice this month of the corporation’s intention to clear a 20-metre wide corridor through paddocks.

Peet’s positive developments

As Peet Limited approaches its second year as a listed company, the move to join the Australian Stock Exchange has coincided with a buoyant market.

Decline in building starts expected

Building activity in Western Australia continues to build momentum according to the latest Australian Bureau of Statistics figures, which show the total value of building work in WA grew for the 10th consecutive quarter in March 2006.

City plan for code of silence

The City of Perth has released a new inner-city residential design policy it hopes will reduce the number of noise complaints from residents, improve privacy and security, and limit development impact on heritage areas.

Short-stay in the South West

Amid one of Western Australia’s hottest real estate markets in almost two decades, and with coastal property a major driver, several short-stay apartment investments are being promoted in the South West.