Property

The average house price in Perth fell by about $14,000 in the September quarter, and rental prices have also eased, the Real Estate Institute of Western Australia says.

Sandy MacKellar and Chris Glass’s counter-cyclical approach to property investing has delivered high returns during the past 20 years.

Australia needs to build many more houses and apartments if it wants to put the brakes on price rises and improve affordability, according to one of the country's top bankers.

Strong population growth and changes to retail regulations are driving shopping centre sales.

ALDI’s imminent arrival in WA and continuing competition between the retail majors has sidelined many retail developers who just can’t pay the big prices Coles and Woolworths will shell out for new sites.

The arrival of a clutch of new international brands in coming years has the potential to rejuvenate the city retail sector, which has been hit by softer spending and the extended shopping hours at suburban centres.

Property group Hawaiian is building on its investment in the community to turn its neighbourhood shopping centres into meeting places.

Developer GM Property Group has received planning approval for a $16 million office building in South Perth.

LandCorp has called for expressions of interest from developers for a new housing development in Port Hedland

Blackburne Property Group has awarded $40 million in construction contracts for two apartment buildings in Subiaco and Rivervale.

Brickworks has nearly doubled full year profit on the back of stronger earnings out of its building products group and property development business.

The Reserve Bank of Australia has signalled that another interest rate cut is possible, although it is not keen to make the move soon.

Australian shopping centre giant Westfield is selling seven US malls for $US1.64 billion ($A1.76 billion).

New houses in Australia's capital cities are being built on plots of land that are up to one third smaller than 10 years ago, says industry analyst BIS Shrapnel.

Economy rides Abbott victory

Westfield Group looks set to offload its stake in two major shopping centres in suburban Perth just days after it was given the green light to increase ownership of the Karrinyup centre.

The Barnett government’s move to integrate year seven students at the state’s high schools is paying dividends for WA builders, with Emco Building the recent beneficiary of a $10.8 million construc

Western Australia’s residential property market is set for further growth in the year ahead but commercial construction is expected to soften, industry experts say.

Housing is costing some Western Australians almost half of their weekly income, a new report has shown.

Construction group Pindan has secured a contract to build a $17 million student accommodation facility at Edith Cowan University’s Joondalup campus, adding to its order book for student housing fun

The $30.6 million, seven-storey Lime Street development has won a major prize from the Urban Development Institute of Australia, taking home the President’s Award on Saturday night.

Perth home prices are either falling or rising, according to the latest separate analyses on the market from the Real Estate Institute of Western Australia and RP Data-Rismark.

The former boss of the collapsed Westpoint group has lost his second appeal against convictions for making misrepresentations about a residential property development in Perth.

Malaysian multinational Sime Darby Group is quitting the WA property market after putting its three hospitality assets, including the picturesque Karri Valley Resort, up for sale.

Cedar Woods Properties has made its third significant Western Australian land acquisition for the year, adding a 35 hecta

Property group Mirvac has suffered a 66 per cent drop in net profit following a massive writedown of its development projects, including a $74 million hit to the value of its developments in Wester

WESTERN Australia's high construction costs threaten to constrict the new project pipeline, according to Perth's leading architecture firms.

The managing director of collapsed Perth building firm Gavin Construction made an unsuccessful last-ditch bid to recover a failed Karratha laundry project just weeks before appointing administrator

Millionaire Perth property developer Nigel Satterley has snapped up a $17.5 million bargain, buying one of Western Australia's most historic and prestigious homes for well below

Property developer Stockland has seen its net profit fall almost 80 per cent due in part to weakness in the housing market and a major writedown.

Building products maker James Hardie expects profit to be steady as housing conditions in the US and Australia improve.