Property

The sale of two remaining strata units at the former Midland Railway Workshop to Midland Health & Knowledge Precinct pave the way for a redevelopment.

The proposed sale price is more than $60 million less than what Challenger paid for the asset in 2013.

St George’s Anglican Grammar School is set to move from its current campus from 2025, after purchasing 441 Murray Street for $23 million last year.

The 1.08-hectare Osborne Park property changed hands for the first time in 27 years, selling to a Bunning family connected entity and construction industry veteran for $6.65m.

A 13-hectare piece of land has been earmarked for a $64 million development to tackle the housing crisis in Broome, with the shire seeking $15 million from the state government.

A former client of western suburbs real estate agent Vivien Yap did not appear in court today, delaying a sentencing decision after he was found guilty of contempt.

Two key lieutenants to the founders of Primewest have emerged with their own property investment play.

Perth-based property funds manger Quadrant Investments bought two adjoining properties in Landsdale totalling 1.84ha, 10th purchase since the company launched in 2018.

An eight-storey apartment block will be built on the Sorrento Plaza site after the state’s planning commission approved the $73 million project.

Locus Development Group’s $21.5 million plan to develop 56 townhouses in Fremantle’s Knutsford precinct has been unanimously refused at a JDAP meeting.

Firm Construction has fallen into administration, with director Mark O'Gorman saying the business had been doing everything it could to overcome financial challenges.

The Wyn Carr House has received a grant of $2.5 million from the state government to fund the refurbishment of the two-storey safe house for vulnerable women in Fremantle.

Exit entitlement deadlines are among the greatest areas of contention for the state government’s retirement village reform plans, a Property Council event heard this morning.

Diversification is key to the success of Plus Architecture’s Perth studio.

Developers have taken charge of three Firm Construction apartment projects, while the contractor is off two government projects and has faced more than a dozen recent legal claims from subbies.

The Furnace Road building was on the market for less than a week, selling for $2.37 million.

A development assessment panel has unanimously approved Edge Visionary Living’s $70 million proposal for a nine-storey apartment opposite Steve’s Bar and Café in Nedlands.

The Housing Industry Association says rising interest rates will bring the state’s housing boom to an end, but the impacts are likely to be delayed until mid-2024.

Properties & Pathways has sold off its industrial and logistics portfolio, comprising 120,000sqm of property across three states.

The Dale Alcock-led group has posted a loss for the first time in its 40-year history, citing unprecedented challenges felt by the industry nationwide.

Another high-rise has been proposed for the Scarborough Redevelopment Area, a region already occupied with projects amounting to more than $300 million.

Osborne Park developer Built Form Capital is targeting the local business community to buy into the $20 million development.

The Perth-based property syndicator acquired the $5 million Magnetic Island asset as part of its partnership with global hotel operator Selina.

Edge Visionary Living has been given the green light to build on a site that has been earmarked for development for more than two decades.

WA’s regional housing market has remained buoyant throughout COVID, with a 7.21 per cent year-on-year increase.

The Town of Cottesloe remains opposed to an increase in the height limit of Leonie Baldock's project site to 10 storeys, despite state government’s orders.

The Captain Stirling hotel is slated for a $25 million makeover after Woolworths submitted a revised proposal for the Nedlands site, two years after the original design was lodged.

Master Builders Association of WA says ending fixed price contracts and abolishing six-day work weeks will help address the “profitless boom” experienced by the building sector.

A $311 million expansion to Subiaco’s St John of God Hospital has entered public comment phase on the state’s planning pathway.

Industry experts say rental growth in the industrial sector may stall, as tenants grapple with affordability constraints.

Prominent Western Australian property mogul Allen Caratti is suing his brother John over the sale of farming land in Marvel Loch and Bullfinch.

Melbourne-based Victory Offices has 1,100sqm of co-working space Perth’s Exchange Tower.