Property

The rent assistance limit has been increased to help more than one million Australian households, which is expected to cost the federal government $2.7 billion over five years.

A proposed eight-storey apartment building in Leederville will be upsized after a development panel approved a rejigged $35 million plan for the site.

Moves by mining magnate Gina Rinehart to expand her company’s presence in West Perth reflect broader sentiment in the area.

The former state treasurer has labelled policies that make housing more affordable as politically unpopular.

The Sporting Globe Bar & Grill, owned by Signature Hospitality Group, has announced it’s opening a new venue at the Floreat Forum shopping centre.

A dispute over an allegedly toxic environment in a Wembley house built by Ventura Homes has escalated to the Supreme Court of Western Australia.

Perth’s mortgage delinquency rates have more than tripled for new homeowners this year and rents have risen by 13 per cent, the highest of all the capital cities.

The Pier Street asset is set to change hands for $22.5 million.

WBG Property has lodged a proposal to build a $25 million seven-storey apartment block in Jolimont, to be completed by 2025.

The deal between Dexus and Fiveight took a year to settle.

Outright home owners have welcomed the turnaround in the property market but the prospect of more rate rises has mortgage holders worried.

Perth home values continue to rise in the past month with the median house price recorded as more than $570,000, according to recent reports by property groups.

The state government will invest $511 million to tackle the housing crisis as part of the upcoming Western Australian budget, including building 700 new homes.

More than 40 organisations have signed a letter to the treasurer demanding more investment in social and affordable housing in the upcoming budget.

Property groups say the Federal Government’s changes to managed investment trust taxes will encourage more build-to-rent developments.

The West Perth-based property fund has bought a hotel and liquor store for $15 million as part of its first total return fund.

The multinational law firm committed to a 12-year lease at Brookfield’s newly-built One The Esplanade.

A total of six recruits have moved across from JLL to the multinational real estate firm's industrial team.

Ventura Homes backtracked on a promise to complete construction of a new house just weeks after a SAT battle over delays to the building was scratched.

A short-term tourist development in South Hedland has cleared a planning hurdle and joins the list of projects aiming to provide more accommodation options in the Pilbara.

Movement from private and public stakeholders at Perth City Link could turn the tide finally for the embattled precinct.

Perron Group has confirmed the first stage of the shopping centre’s $350 million expansion will start later this year.

Perth’s office vacancy rate has grown to 19.9 per cent, but its net absorption was the strongest in the country, recent JLL statistics show.

Troubles for Modco Residential highlight some big issues in the building industry.

Libby Mettam has slammed Western Power for slowing down housing developments following a blowout in the waiting time for grid connections.

A new public primary school set to be built at Queens Gardens car park marks the latest in a growing list of projects lined up for East Perth.

Property players have joined forces to deliver more targeted advocacy, with the Town of Cambridge first up in the group's sights over a policy that limits interaction between developers and staff.

ASX-listed property development company Ultima United has gone into liquidation less than a month after telling the market it would be seeking legal representation to stop the process.

The property fund is planning a $13 million luxury townhouse development across the three adjoining lots.

A nine-storey development in Como has been approved, with the developer proposing to build more than 100 apartments to offer affordable accommodation amid Perth's housing crisis.

PropTrack data shows Perth’s rental vacancy increased by 0.05 percentage points in March, however REIWA figures show the rate as unchanged.

The Brisbane property fund, run by former Queensland Premier Campbell Newman has bought a Stirling Street office for $12 million.