Carcione Group

THE towns of Cambridge and Vincent want to reunite the elements of the old area of Leederville divided by the Mitchell Freeway as part of a plan to develop key pockets of land isolated by modern transport infrastructure.

BIS Shrapnel provided some rare good news for the residential property sector this week when it forecast a rise in Perth housing prices and demand for new homes.

FROM Subiaco in the west to Booragoon in the south and Innaloo in the north, more than a dozen mid-sized office developments are either under way or at an advanced stage of planning around Perth.

THE WA Local Government Association's new headquarters currently under construc­tion is one of the first developments in West Leederville ahead of an expected rezoning of the eastern end of the suburb to a higher density, mixed-use residential and commer­cial hub.

THE slowdown in mining project development last year has affected the Perth office market, with the vacancy rate for CBD offices recording a modest increase to 5.7 per cent in January.That is up from 4.2 per cent in July last year, but was still below all other state capitals.

FEATURE: Suburban office market developers are facing similar challenges to their CBD counterparts in attracting tenants.

The City of Rockingham’s push for higher-density development along its coastal and CBD precincts is starting to pay dividends, with more than $100 million in residential projects under construction or approved to be built, which will collectively add more than 600 apartments, as well as two hotels.

A new international player is keen on making a big impact in local property.