Property

WITH the lifestyle themes becoming more important in the marketing of residential estates, it is common for these developments to be built around recreational facilities such as golf courses, ornamental lakes or marinas.

WESTERN Australia’s system of ministerial planning appeals has ended and a more transparent and accountable system has been implemented.

THE old saying that ‘beauty is in the eye of the beholder’ is never truer than when applied to property developers and heritage buildings.

In this week’s instalment on property development, Tracey Cook looks at getting approval and finding finance.

IN general terms a ‘developer’ is considered to be an investor in property, whether it be a construction company that also undertakes its own development projects, or a property assets trust developing a recent acquisition.

A REPORT by FPD Savills has estimated a 14 per cent level of overall vacancy in the CBD by the start of 2004.

MORTGAGE broker, Mortgage Choice has recorded a growth of 34 per cent in Western Australian home loan approvals for the March quarter 2003, compared with the same period in 2002.

HOME construction is becoming an increasingly attractive option as the median house price pushes through the $200,000 mark, with growing numbers of Perth investors sinking their money into house and land packages.

In the final part of a series on the real estate industry, Tracey Cook examines the work of property valuers.

A RECENT economic impact report has highlighted the State’s billion-dollar land development industry as a major employment generator and contributor to the economy.

CONTINUED strong growth is forecast for the Greater Bunbury region during the next decade.

They may not be popular in WA but auctions offer benefits to both vendors and buyers, as Tracey Cook reports.

THE rapid pace of technological change has presented building managers and property developers with a new dilemma – what technology infrastructure should they implement?

A RECENT court ruling in New South Wales may have an effect on land valuations in built-up Perth suburbs such as Cottesloe and Mosman Park.

WORK has commenced on the Subiaco Sustainable Demonstration Home, an environmentally friendly display home in the heart of Subiaco Centro.

INCREASING numbers of tenants are calling on professional services to help them negotiate a better commercial lease.

THE construction of Exmouth Marina Village is already delivering benefits to the local economy, with LandCorp estimating about 20 per cent of the contracts value was flowing back

PLANNING and Infrastructure Minister Alannah MacTiernan has appointed Peter McGowan, a barrister who has specialised in planning law, as the new chair of the Town Planning Appeal

In this week’s look at the real estate industry Tracey Cook ponders the question that has the commercial office market guessing.

MIRVAC Fini will sponsor an annual art event in order to develop links between its new Quay West Resort Bunker Bay development and the Margaret River art world.

ALL property owners in Western Australia will contribute to funding the State’s fire and emergency services from July 1 this year.

THE City of Perth proposal to sink all the railway lines in Northbridge is now available to the public in the recently launched document, Realising a New Vision for Perth.

THE housing and renovation industry accounted for over one third of Australia’s economic growth in 2002.

SPURRED on by the poor performance of the stock market, low interest rates and government incentives, investors have been spending up big on property.

EAST Perth Redevelopment Authority has sold three lots in The Village Northbridge precinct for a total of more than $1.45 million.

PROPERTY owners and tenants are grappling with the costs of implementing increased security amid current global tensions and local crime patterns.

MOST of Perth’s top real estate agents held their ground in the WA Business News Book of Lists 2003, with little change recorded among the top 20 agents from the previous year.

AUSTRALIA’S architectural firms are earning about 30 per cent of their annual turnover in export dollars, according to a national survey conducted by the Royal Australian Institute of Architects.

THE creation of a vibrant village atmosphere is the impetus behind the waterfront piazza-style development for Port Bouvard’s Northport precinct approved last year.

DELAYS in progress on the proposed $100 million expansion of the Midland Gate Shopping Centre appear to be nearing an end with new owners, Gandel Retail Management, making moves t

THREE years after its inception the Midland Redevelopment Authority will release its first parcels of land.

COSTING is a delicate subject in a marketplace as fiercely competitive as the Perth architectural sector.