News Articles for Cedar Woods Properties

Cedar Woods has lodged plans to expand its Incontro project in Subiaco, proposing to add more than 230 apartments to the area.

Strong sales point to a buoyant sector for Perth's developers.

The land developer has cemented its presence in Perth's apartment market this year.

The prominent apartment developer says the government is squeezing out the private sector by investing in construction projects during a period of high economic activity.

Cedar Woods has become the second land developer in two days to announce upgraded earnings, with its more affordable sub-divisions in Queensland and WA driving its improved performance.

Land developers are embracing inland areas and different housing types in a bid to meet the state's housing needs.

The state's political leaders have debated the implications of WA's transport network for property development.

The result represents close to a $13 million increase on 12 months ago.

Leading economist Tim Lawless says conditions are improving for growth in medium and high-density housing in Perth, but more could be done to incentivise supply.

The ASX-listed developer has resurrected the apartment component of its Subiaco Incontro development, three and a half years on from when it was approved.

Cedar Woods boss Nathan Blackburne says it will take more than five years for the nation to solve its housing supply issues.

The federal government's ambitious target of building 1.2 million new homes by 2029 is fanciful, according to a leading residential builder, as crippling skilled labour shortages persist.

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.

Cedar Woods Properties has partnered with Tokyo Gas to develop a 9,784 square metre site in Subiaco that has been earmarked for hundreds of apartments.

The supermarket giant's development arm has bought two hectares of land at Cedar Woods' Eglinton estate for $14.3 million.

The land developer intends to build more than 200 apartments on the $15.5 million site, acquired from the City of Subiaco.

Buyers are flocking to the land market, resulting in price growth for developers.

There's work to be done to ensure open books around certain industries' contribution to the communities in which they operate.

Business News runs the rule over a cross-section of companies to determine how much firms of varying size and industry invest in WA communities.

The land developer is ahead of the pack to deliver a residential development in the coastal precinct, as it moves through the market led process.

West Perth developer Cedar Woods Properties told the ASX that it was waiting for more information amid the collapse of a South Australian builder.

The property developer posted a $31.6 million profit for FY23, down from $37.4 million last year, but is seeing promising signs of growth into the next financial year.

Developers and government are exploring what needs to occur for apartments to stack up in suburbs adjacent to Metronet stations.

Land developer Cedar Woods Properties has cut its financial year profit forecast due to construction delays it claims are showing signs of stabilising.

A Property Council study into transit-oriented housing has identified Bayswater as the only Metronet station precinct ripe for development, with an emphasis on high-value areas.

Land developers are confident about the road ahead despite facing challenges on several fronts.

West Perth-based Cedar Woods Properties has reported a decline in both presales and revenue in its half-year results, but is still expecting a strong end to the year.

The Perth-headquartered developer is capitalising on a strong neighbourhood retail market by looking to offload a Victorian shopping centre.

Cedar Woods has booked a 12 per cent increase in presales compared with this time last year, but says rising interest rates are keeping a lid on overall sales volumes.

Construction is set to begin at Cedar Woods' $100 million Eglinton Village, as the state government flags the possibility of more delays in bringing the train line to Yanchep.

Leading developer Nathan Blackburne has painted a more positive picture than many of his peers, saying build costs are expected to decrease and labour availability will improve next year.

Land developers experienced strong demand in 2021 but are grappling with supply and labour constraints.

The property developer recorded a record level of pre-sales across its national portfolio.

ASX-listed companies have detailed roughly $2 billion in JobKeeper payments spanning the last two financial years, with only a handful making voluntary repayments.

Cedar Woods Properties has bought 1,200 lots close to the Yanchep rail line in Eglinton, currently under development, in a $49.5 million deal.

A Joint Development Assessment Panel has approved Cedar Woods' $32.5 million apartment development in Subiaco, flagged as a more affordable option for the area.

Cedar Woods Properties' $32.5 million proposed apartment complex in Subiaco is a step closer to getting the green light.

Western Australia-based property syndicates Baron Property Group and Vanilla Property Investments have made a $10 million play for an aged-care facility as part of a new joint venture.

The state government has signalled it may rethink its market-led proposals policy, after planning minister Rita Saffioti questioned the process.

National property group Cedar Woods will release more land at its Harrisdale Green estate, located south of Perth, with the launch of the Greenlink Mews precinct.