Property

The remaining business owners in Armadale's Jull Street Mall are struggling to stay afloat, but stakeholders remain at odds over whether reopening the mall to one-way traffic is the answer.

The State Development Assessment Unit has recommended the Western Australian Planning Commission approves a proposal for a four-storey residential aged care facility when it meets later this week.

Brisbane-based Sentinel Property Group has sold the Geraldton Homemaker Centre to Harvey Norman for $28.25 million.

Investors are hungrier than ever for alternative, nondiscretionary assets, and agricultural property appears to fit the bill.

Some of the state’s property leaders share their predictions for the year ahead.

Perth property prices increased in February, while the number of listings of houses for sale dropped to a 10-year low.

The Joint Development Assessment Panel has approved amendments to a contentious $25 million high-rise in Como expected to lessen its impact on surrounding homes.

Australian Apartment Advocacy founder Sam Reece explores the initiatives needed to protect apartment owners from risks such as defective buildings.

Pindan has started construction on Momentum Wealth’s 36-apartment project, which forms part of the state’s governments social housing package.

A fund managed by Primewest has signed a deal with the federal government to develop a 4,500-square-metre office building in Bunbury.

PACT Construction has been awarded the contract for the second stage of Bob Hawke College in Subiaco, after the company completed the first stage in 2020.

Mirvac executive Paige Walker has been appointed president of the Property Council of Australia’s Western Australia chapter.

Property assets represent a significant portion of the nation’s wealth, so why are there so few tech businesses servicing the sector?

Land developer Peet and apartment developer Finbar have both posted profits for the first half of the 2021 financial year.

Perth-based real estate agent Russell Poliwka has lost an appeal against a 2019 court order to pay $2 million to his former business partner Sherif Girgis, ending a three-year legal battle.

The City of Perth’s development assessment panel has given GDI Property Group the green light for a $1 billion redevelopment of the Mill Street precinct.

Health care assets are becoming increasingly attractive to commercial property investors seeking to diversify and de-risk their portfolios.

Perth may have the highest office building vacancy rate nationally, but that’s done little to dampen the confidence of investors, developers and real estate agents.

Universal Constructions and Crothers Construction have won at least $180 million in school development contracts since the McGowan government came to power.

The Supreme Court has delivered a tactical win to the widow of the late Len Buckeridge as she fights his sons over the carve-up of the magnate’s estate.

Wages grew at a fractionally faster pace than expected in the final three months of 2020, lagging expectations for record property price increases this year.

Real estate funds manager Primewest has signed mining software company Micromine and Sinosteel as new tenants at 251 St Georges Terrace.

A dedicated strata helpline, addressing building defects, and lowering insurance for strata-titled properties are at the top of Strata Community Association’s state election wish list.

The City of Stirling has swung into action following an influx of development applications seeking state approval for variations to the city’s 12-storey height limit.

A draft development plan outlining the vision for the future of Subiaco’s “beating heart” has copped criticism from the site’s largest private landholder.

Property developer Lendlease has posted a first-half earnings decline of 37 per cent after COVID-19 stifled interest in building development.

The Amberton Coastal Precinct by Stockland was named overall winner at the latest instalment of the Urban Development Institute of Australia WA Awards for Excellence.

Emerging interest in commercial property in and around the western suburbs has resulted in several sales, collectively worth more than $10 million.

Property firm Miramar Property Partners is taking food vendor Tao Cafe to the Supreme Court for allegedly breaking a $2.9 million lease agreement.

The Housing Industry Association has forecast a record near-130,000 detached home starts for Australia in 2021, with a steep decline in numbers predicted early next year.

Cedar Woods Properties has posted a net profit of $22.4 million for the first half of the 2021 financial year, up 120 per cent on the same time last year.

Investors continue to eye the retail property space, with the Glenfield Shopping Centre recently selling to an undisclosed buyer for $10.4 million.