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Residential building approvals rise in WA

Adrian Rauso Adrian Rauso
03 May 2019

The number of dwellings approved in Western Australia have bucked the national trend and risen by 3.8 per cent in trend terms to reach its highest point since July, according to the Australian Bureau of Statistics’ latest data.

Multiplex

Perth's largest construction jobs

Dan Wilkie Dan Wilkie
Gabriel Oliveira
03 May 2019

Our gallery of Perth's biggest construction jobs and who is doing the work, click through to view.

Master Builders Association of WA

Sharper focus on shielding subbies

Dan Wilkie Dan Wilkie
02 May 2019

Security of payments has been a hot topic of debate in WA construction, as the state government considers options to protect subcontractors.

Mirvac

Mirvac plans rent-to-buy at Claremont

Mark Beyer Mark Beyer
02 May 2019

Mirvac is trialling a rent-to-buy initiative at its Claremont by Mirvac development, joining a handful of other developers in Australia to adopt an arrangement that is common in the US and Europe.

JLL

Perth apartment approvals down 68%

Adrian Rauso Adrian Rauso
02 May 2019

There were 666 apartment approvals in inner Perth for the 12 months to February, a sharp fall from 2,069 in the prior corresponding period, which could driven by high supply in a weak market, according to a new report.

Mirvac

Mirvac shakes off challenges

Dan Wilkie Dan Wilkie
01 May 2019

National developer Mirvac is seeking to leverage the strength of its balance sheet to pursue new opportunities, at a time much of its competition is stifled by a lack of available finance.

Perth house prices down again

Mark Beyer Mark Beyer
01 May 2019

Property analyst CoreLogic has suggested the worst of the residential market downturn across Australia has passed after releasing new data showing Perth dwelling prices fell by 0.4 per cent in April, taking the total decline since the market peaked to 18.4 per cent.

JLL

2,000-lot Moore River site hits market again

Mark Beyer Mark Beyer
30 Apr 2019

The Plunkett family is seeking to sell a major landholding just south of the coastal town of Guilderton, after updating development approvals to address issues that adversely affected an earlier sales campaign.

Worley

Worley moving to 240 St Georges

Mark Beyer Mark Beyer
30 Apr 2019

Engineering firm Worley is set to consolidate all its Perth offices at 240 St Georges Terrace, including the recently acquired energy chemical and resources (ECR) division of Jacobs.

Power Ledger

LandCorp, Power Ledger in 100% renewable development

Adrian Rauso Adrian Rauso
30 Apr 2019

LandCorp and energy trading platform Power Ledger have unveiled a 100 per cent renewable energy residential development at East Village at Knutsford near Fremantle.

Serneke

Serneke brings Swedish build to Freo

Dan Wilkie Dan Wilkie
24 Apr 2019

A Swedish construction giant will focus on the health and wellbeing of future residents as it rolls out its first development in WA.

JLL

Apartment owners upbeat on values

Dan Wilkie Dan Wilkie
18 Apr 2019

Western Australian apartment investors are overwhelmingly confident of capital growth over the medium to long term, according to fresh research.

3 Oceans Property

3 Oceans scraps Scarborough project, seeking JV

Adrian Rauso Adrian Rauso
18 Apr 2019

Developer 3 Oceans Property is looking for joint venture partners for a redesigned Iconic Scarborough project, after it announced the $450 million project is officially on hold due to the current market making the development financially unviable.

Mirvac

Mirvac starts building last stage at Leighton

Dan Wilkie Dan Wilkie
17 Apr 2019

Mirvac Group will start construction on the final stage of its Leighton Beach precinct this week, with a $40 million, 104-apartment complex expected to take around 18 months to complete.

DCS Advisory

Liquidators appointed to Handle Property Group

Dan Wilkie Dan Wilkie
17 Apr 2019

The developer behind the Red Castle and Bottleyard apartments complexes has been forced into liquidation, the latest victim of difficult conditions in Western Australian property.

Housing Industry Association

WA building hotspots dominated by outer suburbs

Madeleine Stephens Madeleine Stephens
17 Apr 2019

Perth City was the only inner city area to be classed as a building hotspot in Western Australia, with most building approvals occurring in the outer suburbs, according to a Housing Industry Association report.

Momentum Wealth

Podcast: Office Hours with Damian Stone

Business News Business News
17 Apr 2019

Office Hours host Damian Stone sits down with Real Estate Institute of Western Australia president and managing director of Momentum Wealth Damian Collins to discuss Perth’s residential property market, the genesis of Mr Collins’ buyers agency and property syndicator and the potential ramifications of regulatory changes in the industry.

AssetOwl

Assetowl shares soar 225% on The Agency deal

Business News Business News
16 Apr 2019

Shares in the Simon Trevisan-chaired startup, Assetowl, more than doubled today, after it signed a trial agreement with The Agency Group Australia for its property management software.

Australian Finance Group

Mortgage lending hits record low in WA

Adrian Rauso Adrian Rauso
16 Apr 2019

Housing finance provider Australian Finance Group says lending for homes in the first three months of 2019 in Western Australia has plunged to the lowest level since it began tracking mortgage values in mid-2012.

Blackburne

Demolition works mark start of Subi revitalisation

Dan Wilkie Dan Wilkie
15 Apr 2019

Demolition work has started at Subiaco’s Pavilion Markets, as developer Blackburne gears up for a marketing launch of its $235 million apartments project later this year.

Momentum Wealth

Developer seeks input on Trigg apartments

Dan Wilkie Dan Wilkie
12 Apr 2019

Apartments developer Momentum Wealth will work closely with the Trigg community to shape the design of its boutique project at the Yelo Café site on West Coast Highway, with retention of a hospitality tenancy on the ground floor a top priority.

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