Finbar's Romeo Applecross has achieved $84 million in presales following the launch of the project, with 50 per cent of its apartments sold. With the City of Melville considering limits on high-density development along Canning Highway, this final stage of the developer's joint venture project could be the last of its kind.
It's been many years since we've seen numbers like this, but it's finally official: Perth is currently Australia's fastest growing major property market.
With Western Australia's state election less than a month away, pressure is mounting on the not-yet new state government to ensure Western Australia's property sector thrives into the future.