Investors in property shouldn’t expect returns of recent years to continue unchecked, according to Gavin Hegney, despite expectations the market in Western Australia will be among the nation’s top performers throughout 2005.
Property Council vacancy figures for the CBD office market show Perth’s vacancy rate has dropped to 13.4 per cent with 17,000 square metres of space newly leased in the six months to January 2005.
Amendments made last year to LandCorp’s governing legislation enabling the agency to engage with the private sector has been the catalyst for several joint ventures with partners such as Mirvac Fini, BGC, and Doric.
The much-debated sinking of the rail line that divides the CBD and Northbridge is predicted to send property prices upwards and inject much-needed life into the neglected precinct.
PERTH property industry pundits are expecting a steady year for the residential property market in 2005 and a consolidation of last year’s market posit
WESTFIELD’S purchase of a half-share in Whitford City Shopping Centre for $192.5 million ranks as the largest property sale in Western Australia for 2004.
DORIC Constructions and LandCorp have entered a joint venture agreement to build a residential complex in LandCorp’s Mandurah Ocean Marina development.
THE High Court has overturned a decision by Western Australia’s Full Supreme Court in relation to statutory compensation for property affected by plann
THE Department of Land Information (DLI) was recently awarded an $11.3 million contract with a Swedish joint venture partner to provide land administra
WHILE increasing median house and land values are widely seen as positive, particularly by those already in the market, home affordability is rapidly becoming a sensitive issue in Western Australia.
A LEGISLATIVE loophole allowing buyers of off-the-plan apartments to later rescind their contracts has been amended, providing greater certainty for de
THE owners of several prominent Perth buildings have made modifications to incorporate sustainable principles ahead of the release by the Green Building Council of Australia of its sustainability guidelines.
DESPITE a heated construction market, cost increases in labour and materials are eroding profits for some builders, particularly in the residential sec
The State’s principal real estate statutory body has reaffirmed its support for the industry’s current regulatory system after a Bunbury-based agency gained accreditation under a new, private system advocating ethics in real estate.
Opposition leader Colin Barnett says a Liberal State government will look to establish a State-City of Perth planning authority to deal with planning in the city.
Tony Fini is renowned for his role in establishing one of Western Australia’s most successful property developers, the Fini Group. Now he’s turning his attention to a tourism project in Gingin as Julie-anne Sprague reports.
A decision last week by the High Court in relation to valuation of commercial premises has highlighted the need for valuers to take into account future developments in the propert
Submissions for the State Government’s Bush Forever closed last week amid attacks from industry groups claiming the proposal is an attack on private property rights.
Despite the ongoing speculation about the viability of Perth’s apartment market, growth is being maintained in the luxury apartment sector as new products hit the market.
Critics of the State Government’s recent use of planning legislation to acquire land have argued that last week’s response by Government to a parliamentary report into voluntary acquisition of land fails to address the real issue confronting land holders.
