RP Data

Small lift in Perth home prices

Perth home prices have ticked slightly higher in April to a median price of $520,000, which equates to an increase of just 0.3 per cent over the past year

House prices slipping in 2015: RP Data

Perth home values were steady in March but have fallen 2.7 per cent in the first three months of 2015, with the city the weakest performing among all Australian capitals, according to analytics firm C

Home approvals, sales and values down in 2015

Western Australia’s residential property sector has had a rough start to 2015, with building approvals on the way down, new home sales slipping, and median house prices continuing a slow decline, acco

Perth home values start year with a dip: RP Data

Median home values in Perth fell by 0.6 per cent over the first month of 2015, according to market analysts RP Data, to finish January at $525,000.

Stamp duty warning as home sales stall

The state government has been urged to consider other measures to boost revenue rather than increasing property stamp duty, which has become a significant contributing factor in the stalling residential market, according to an influential local property player.

Liberals buy office to shift state HQ

The Liberal Party is gearing up to relocate its Western Australian headquarters, after purchasing a strata office at 12 Parliament Place for an undisclosed sum.The deal, for 291 square metres of offic

Property market remains flat in November

Perth’s residential real estate market is continuing to experience the malaise felt through much of 2014, with the Real Estate Institute of WA, and market analysts RP Data reporting slight lifts in me

Perth the only city with falling house prices

Perth house prices fell by 0.1 per cent in the September quarter, according to the Australian Bureau of Statistics, making it the only capital city to record a fall in dwelling values over the period.

Residential sales continue downward spiral

Perth’s residential property market is continuing to stall, with two measures of the median price showing it’s been largely steady for the past three months, and the number of transactions dropping to

Supply bottlenecks hit WA land sales: HIA

Supply constraints are hampering land sales across Western Australia, which have declined significantly in both the metropolitan area and regional centres, the Housing Industry Association says.The HI

East Perth apartment deals for Finbar, JAXON

The rollout of major apartment projects is continuing in East Perth, with Finbar Group unveiling a new joint venture on Adelaide Terrace, and JAXON signing a $45 million deal to build the last stage o

Capital growth modest for resi real estate

Perth's residential real estate market remained largely steady in September, with the Real Estate Institute of WA reporting a 1 per cent rise, while national analysts RP Data said median home prices f

Coolbellup shaping up on apartments plans

A 45-apartment complex in the south-west suburb of Coolbellup has been launched by LandCorp and Infill Property Group, the latest significant multi-dwelling proposal set to revitalise the area.

Home price growth slowing: RP Data

Demand for residential real estate in Perth is moderating, with the second set of figures released in a week suggesting price growth could have peaked for the time being.

Perth’s first 7-Eleven set for Hay St Mall

Perth's first 7-Eleven convenience store is set to be located in the inner city, with a development application lodged for fit-out and signage at the McNess Royal Arcade in the Hay Street Mall.

North Freo units Australia's priciest

North Fremantle has been ranked the most expensive suburb in Australia to rent a unit, townhouse or villa.

Land price growth signals policy failure: HIA

The latest land sales figures for Western Australia reflect strong demand but an inadequate supply of building-ready lots, according to the Housing Industry Association.

Residential rents continue decline

Two separate measures of Perth’s property market have found residential rents are continuing to fall, due to an increase of stock on the market.

Home values steady in June: REIWA

Another set of data on Perth’s median home values has shown prices remained largely steady in the month of June.

Perth house prices bounce back in June

Perth home prices rose by 1.2 per cent over the month of June, reversing the slight dip experienced in May, according to market analysts RP Data.

Property pain in regional WA: report

More than 17 per cent of homes sold in regional Western Australia in the first three months of the year were sold at a loss, according to research released today.

Demand surging for Perth offices: Colliers

Commercial real estate agency Colliers International is tipping strong demand to continue for Perth assets in the coming financial year, after recording nearly $100 million in transactions since March

Pressure rising on WA land supply

Evidence is mounting that Western Australia’s residential land supply is coming under serious pressure, according to the Housing Industry Association.

Low supply drops CBD sales value

Lack of supply of large, well-located office and retail assets in Perth’s commercial property market has resulted in the total value of sales falling to less than half of what they were 12 months ago.

Perth land value tops nation

Perth has overtaken Sydney to record the most expensive residential land value per square metre of all major capital cities, fuelling concerns that land supply is not keeping up with market demand.

Home values rise nearly 10% over 2013

Home values in Perth rose 9.9 per cent over 2013, to finish the year 3.6 per cent higher than the previous peak.

Perth homes selling at record prices

Perth median home prices have risen to record levels, a trend confirmed by two sets of data released today.

Smaller budgets lead to smaller homes

The average floor area of new houses in Western Australia has fallen to 234.5 square metres, after peaking at 244.5sqm in 2009-10.

Perth passes Sydney for priciest land

Perth has pipped Sydney to become the most expensive capital city in Australia for residential land.

Perth property prices percolating: ABS

Perth house prices have been confirmed as the fastest rising in Australia despite the widespread slowdown across the state’s resources sector, according to official figures released by the Australian

Today's Video News

Business News video update for Friday July 26. Shanna Crispin reports. Kevin Rudd visits WA. Rental growth outperforms home values. Kalgoorlie Mining Company takeover nears completion and more.