Property

Growth in Perth’s housing market within the next six months has been foreshadowed in a report compiled by CoreLogic RP Data and ratings agency Moody’s.

This week, Reiwa members reported a decrease in weekly sales to 490. The overall 18 per cent decrease in sales over the week is attributed to a 19 per cent decrease in sales for houses and 34 per cent for vacant land.

Activity in Perth’s rental market was up last month, with tenants shopping around for better deals.

Aldi has opened its first four Perth stores to much fanfare across the city, ending a three-year-plus wait for the German supermarket chain to touch down in Western Australia.

The value of investor housing loan approvals has fallen to a near two-year low, adding weight to the view the Reserve Bank of Australia could cut interest rates again without fear of restarting a price boom.

Property investment company Aspen Group has announced a senior management and board shake-up, while seeking to gain more value from its Western Australian assets.

Perth-based boutique investment and development firm, GM Property Group, has made its fourth interstate asset acquisition in the last 12 months, buying an industrial property in Sydney’s Blacktown

Property developer and arts philanthropist Adrian Fini was named on Friday evening as 2016 Western Australian of the Year.

Local company PS Structures has won a contract to build serviced apartments in Menora for aged care provider Bethanie for an undisclosed sum.

Tenants willing to shift from the suburbs to the city are emerging as rare winners in Perth’s patchy commercial property market.

A Perth-based software and technology firm has developed what it believes is the city’s greenest office, both literally and figuratively.

One of the state’s top architects says the collective approach to higher-density living in Perth needs to change.

Satterley Property Group will build its largest residential estate in Victoria after purchasing 214 hectares of land in a deal believed to be worth $100 million.

This week, Reiwa members reported an increase in weekly sales to 594.

Property developer Peet has been named the successful bidder for collaboration on a $265 million residential redevelopment project with the South Australian government.

A University of Western Australia-backed plan to build a major student accommodation facility in Perth's CBD has made major progress, with a Stirling Street proposal by developer Stirling Capital getting the nod from planning authorities.

This week, Reiwa members reported an increase in weekly sales to 579. The overall 3 per cent increase in sales over the week is attributed to a 7 per cent increase in sales for houses and 1 per cent for units.

The state’s residential building sector is in line for the biggest single-year decline in building activity in its history.

A Pilbara-focused real estate agency in Victoria Park has had a supervisor appointed to its financial operations and will be wound up under orders from the Department of Consumer Protection.

The Metropolitan Redevelopment Authority has been forced to reassess its development strategy for the remaining lots of the Perth City Link, with a long-term agreement with Mirvac Group terminated today.

Boutique developer Baltinas Made has responded to demand for larger apartments at its latest Mount Street development, giving buyers the opportunity to custom-build dwellings.

A 33-year wait for a major hospitality development on the Swan is almost over.

Interest in commercial property in Perth’s CBD is on the rise, with interstate institutional groups and syndicators eyeing Perth as an alternative to crowded and competitive eastern states markets.

Green shoots are beginning to emerge for high-end property transactions in Perth, but sellers need to meet the market to ensure inquiry turns into sales.

Shopping centre owners will need to fill 1,784 new shops by 2020, if an estimated $4.5 billion wave of mall development in Perth comes to fruition.

Aldi continues to gear up for the June opening of its first four Perth stores, with its $60 million distribution centre in Jandakot receiving stock and Western Australian producers lining up to sup

A newly-established trust managed by Charter Hall has purchased four properties leased by Perth-based Automotive Holdings Group in a deal worth $82 million.

Leederville-based syndicator Scope Property Group has added The Local Hotel in South Fremantle to its portfolio, buying the freehold of the historic watering hole in a deal worth $2.5 million.

Diploma Group chief executive Nick Di Latte has strongly denied claims by subcontractors that the ASX-listed company was behind on paying its bills, saying recent activity by the company had placed

The state government expects lower contracting and construction rates will deliver savings of more than $1 billion on its asset investment program over the next four years, but has not committed to any major new infrastructure projects.

Reiwa members reported a decrease in weekly sales to 549 this week. The overall 19 per cent decrease in sales over the week is attributed to an 18 per cent decrease in sales for houses, 15 per cent for units and 33 per cent for land.

More than 800 Western Australian real estate agents have signed up to join followit, an app designed to bring a social media-style interface to property advertising.