A Prominent Perth real estate agent has predicted it will soon take significantly longer than two months to sell a house in the metropolitan area as listings continue to rise, sparking greater competition among sellers.
Complaints against builder Capital Works Constructions, which collapsed this month owing $8.5 million, date back to at least 2013, with the first of dozens of formal grievances lodged with the indu
Perth’s Ritz-Carlton hotel is a step closer to being built, with the City of Perth approving it, along with two mammoth apartment towers at Kings Square, overnight.
Builders have been invited to bid for the upcoming and current work of collapsed home builder Capital Works Constructions, in the wake of the company calling in administrators last week.
Rio Tinto’s logo will soon be installed on the highest vantage point in Perth’s CBD, a move that suggests the mining giant intends to remain at its current office accommodation and not seek to anchor a new building.
Bunnings’ Perth-based property development and investment arm has sold off two of its Victorian assets, one a multi-tenanted industrial property in Blackburn and the other a previous Bunnings store
Struggling iron ore miner Gindalbie Metals has proposed to turn part of its Badja Station east of Geraldton into a national radioactive waste management facility.
BIGGER is not necessarily better in Perth’s burgeoning apartments market, with new research showing buyers prefer smaller buildings to high-rise projects.
Supermarket giant Aldi is facing headwinds on its plan to acquire and demolish the Hilton Fresh shopping centre and construct one of its own supermarkets on the site, with local residents and the City of Fremantle raising concerns over the design of the proposal.
Home building companies Freelife Homes and Visionaire Homes, both divisions of Capital Works Constructions, have been placed into voluntarily administration, leaving more than 300 customers unsure
Reported activity for primarily the first week of May was encouraging with overall sales up 38% for the week to 770, the highest level since late March.
Finbar Group is confident it will start building its $380 million Civic Heart project in South Perth later this year, after the massive apartment development received planning approval to proceed y
Western Australia’s home-building sector may be set to break all-time records in the 2014-15 financial year but the booming conditions aren’t likely to last, with a significant slowdown predicted over the next two years.
Perth will need to build an extra 800,000 homes over the next 35 years to accommodate population growth, a new report has concluded, and nearly half of these homes will need to be in existing suburbs.
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
Apartment developer Finbar Group is planning to revise its Civic Heart project in South Perth, after agreeing to purchase a neighbouring property that includes the heritage-listed Australia Post building on Mill Point Rd.
The City of Fremantle has strongly rejected claims by a local ratepayers and residents group that the civic component of Fremantle’s $300 million Kings Square redevelopment will result in a $30 million loss.
The commercial construction sector is emerging as a bright spot amid all the doom and gloom in WA. Click through to see the special report, with details of Perth's biggest construction jobs.
LandCorp has launched the first-stage of its ambitious Cockburn Coast redevelopment project, which it envisages will become home to 12,000 people in medium and high-density housing.
Property developers with projects worth as little as $2 million and as much as $10 million can choose to have their proposals evaluated by a Development Assessment Panel rather than their local council.
Nedlands-based Mustera Property Group has bought a 2,223 square metre lot in East Perth from Georgiou Capital for $4 million, and has the option to buy an adjoining lot for a further $8.5 million.
A fresh tranche of major commercial assets will come on to the market in and around the Perth CBD this year, potentially spurring sales activity after a sluggish 12 months.