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SOLID GROUND: Apartments at The Springs in Rivervale are proving a solid investment over the short-term. Photo: Attila Csaszar

Apartment prices resilient at The Springs

Prices in one of Perth’s newest residential enclaves, The Springs at Rivervale, are holding value better than apartments across the wider Perth metropolitan area, despite concerns of excess supply restraining capital growth.

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Lots expected to be completed for sale, current financial year

2nd↑Satterley Property GroupNFP
3rd-LWP GroupNFP
4th↑DevelopmentWA577
5th-StocklandNFP
6th↓Cedar Woods Properties370
40 property - land developers ranked by number of WA lots expected to be completed for sale, current financial year

Total revenue

11th-Racing and Wagering Western Australia$328.0m
12th↑Landgate$297.8m
13th↓DevelopmentWA$261.7m
14th-VenuesWest$261.7m
15th↓Fremantle Ports$222.0m
29 state government businesses ranked by total revenue - this year

Number of Employees

Property - (Built-form) Developers