Property

Property developer Cedar Woods Properties has bought a 2.55 hectare residential development site in a Melbourne suburb for $22.5 million with plans to build 70 new homes and townhouses.

PLANNING Minister John Day has released a new industrial lands strategy with a focus on general and light industry needs for the next 20 years.

THE state government will defer a mandatory introduction of six-star green-star energy efficiency requirements to new residential building projects for 12 months, following a five-year campaign against the proposed amendments by the Master Builders Associ

The rental market is expected to come under pressure as new data out today shows the median house price in Perth has climbed 6 per cent in the year to October while sales of new homes fell.

THE shift towards sustainable building design in Perth gained further traction this month when a local office building received national recognition.

HOUSING groups may differ on when the recovery in housing starts will take effect in Western Australia, but they seem to agree that supply side constraints will continue to present problems for the industry.

Land Minister Brendon Grylls has called for expressions of interest from potential redevelopment partners to be part of the revitalisation of the disused Knutsford industrial site near Fremantle, that would create 450 dwellings across 11 hectares.

EAST Perth's status as a prime high-density residential precinct has been further enhanced with the opening of two large apartment complexes on Adelaide Terrace.

THE City of Perth has approved a final concept plan for a revamp of St Georges Terrace between William and Barrack streets that focuses on pedestrian traffic rather than vehicles.