Property

Nearly 40 per cent of a family's income is needed to afford a house in Western Australia, industry data for the past quarter shows.

A $31.5 million proposal to build an apartment building in Nedlands has cleared a planning hurdle after a two-hour panel meeting.

The organisations fighting a legal battle over the sale of El Caballo lifestyle village have signed a confidential deed of settlement, a court judgment reveals.

The state government has approved planning changes over a West Perth area, intensifying the plot ratio the City of Perth initially proposed.

Landlords are considering how to reinvent King Street amid the precinct's ongoing transition.

Chairman of the state's peak planning body David Caddy will retire from the role by the end of 2024, after five decades of service in the sector.

Perth commercial builder Mercedes Construction has tumbled into liquidation after moving to wind up its operations.

The state's peak planning body has approved Perron Group's five-year extension plea over its $1 billion Cockburn Quarter project.

The Public Transport Authority has purchased a 3.27-hectare site in Bayswater for $15.59 million to house its new fleet of electric buses.

Retail property owners are looking for ways to capitalise on the surplus land around their shopping centres.

Investment management company Colliers is set to expand its Western Australian footprint through acquiring Subiaco engineering consultancy Pritchard Francis.

Woodside Energy is planning to build 30 new homes in Karratha to house its workers as industrial construction projects ramp up.

Iplex Pipelines and the state government have agreed to provide up to $150 million as part of an industry deal to repair damaged houses but BGC Australia is not participating.

Skilled migrants and apprentices are helping fill personnel shortages in the state's construction sector.

A greenfields suburb once dubbed the ‘‘Cottesloe of the north'' is back on the development agenda in Karratha, 13 years after a contract to build it was awarded.

BHP has emerged as the buyer of Port Hedland's notorious Pier Hotel for an undisclosed sum.

Perth's apartment sales for the 2024 financial year have surpassed $1 billion, a recent report by Urbis shows.

The retail vacancy rate in Perth CBD has slightly dipped in the first half of 2024 but remained the highest among Australian capital cities.

Nicheliving has convinced a judge to stay a decision not to renew its builder's registration, after appealing to the State Administrative Tribunal.

Perth has recorded the strongest growth in luxury residential property prices in the country, recent Knight Frank research shows.

The Perth home builder's legal move is additional to a class action against pipe manufacturer Iplex and comes after it spent $18 million repairing damaged properties.

Property developers have eight weeks to lodge their submissions to government on which land should be unlocked for housing.

The property fund giant has grown its assets under management back to $21.1 billion and reported a 3.5 per cent drop in net profit after tax.

Peet chairman Tony Lennon plans to retire later this year, bringing an end to one of the longest periods any individual has led a major listed company.

Occupancy at workforce accommodation camps in Karratha is languishing despite a strong pipeline of resources projects in the region

Nicheliving's residential building arm signed four years' worth of work in a two-year period, the State Administrative Tribunal was told, as its debts total $76 million.

The property fund has reported a $222 million loss in its full-year results, but its share price has lifted.

Schaffer Corporation has reported a doubling in annual profit to $27.1 million, helped by a big revaluation of its large Jandakot industrial property.

The shopping centre giant has reported a $255 million profit increase for the first six months of the year.

BGC director Julian Ambrose is purchasing the commercial building division, via a share sale.

Property developer Cedar Woods has posted a $40.5 million net profit, a result far exceeding its guidance range and a 28 per cent uptick on the previous year.

Private investors have bought a Bulwer Street property for $2.51 million.