David Cresp

Perth’s appetite for apartment living continued to increase in the last quarter of 2017, driven largely by new projects.

SPECIAL REPORT: Confidence is returning to the state’s apartment market, with developers seeking to boost their project pipelines. Click through to see our map with 30 apartments projects across Perth and our updated ranking of Property Developers.

Questions over the stability of Perth’s office market have dogged the sector of late, but signs of an uptick in sentiment are emerging.

SPECIAL REPORT: Developers are leaving market uncertainty in the past and focusing on design and amenity to guide the next wave of Perth apartment projects.

SPECIAL REPORT: Commercial developers are continuing to prepare for more favourable conditions in Perth’s office market.

A series of large-scale residential and commercial projects are expected to get under way in Perth this year with a development pipeline nearing $2 billion in value.

Developers are pushing ahead with plans for new projects, hoping recent government initiatives aimed at stimulating the sector will help cushion any further COVID and economic blows.

The pandemic has accelerated existing issues and trends facing the retail property sector.

A shortage of rental stock has emphasised the role build-to-rent property developments could play in housing supply.

Perth’s new apartment market recorded more than 400 sales during the fourth quarter of 2020, the highest volume recorded for a quarter since 2016, according to the latest data from Urbis.

Perth’s new apartment sales achieved its second highest quarter since Q1 2018, according to the latest data from Urbis.

Developers are pushing ahead with apartment projects, despite uncertainty clouding construction costs.

Perth’s market for new apartments recorded its strongest quarter of sales activity since 2016, according to the latest research from property consultancy Urbis.

The property group’s development of the big Peninsula site has shifted during its two decades of ownership.

Sales activity in Perth’s new apartment market has slowed, as developers flag concerns about rapidly increasing costs amid competition with the residential housing construction sector.

Land developers experienced strong demand in 2021 but are grappling with supply and labour constraints.

Recent development proposals show WA’s build-to-rent market is finally gaining ground.

Urbis says WA’s population could rise faster than the government expects, as jobs figures remain at boom levels.

Market conditions are leading to a proliferation of townhouse developments across Perth.

Apartment developers are facing increasing costs amid tightening margins and constrained supply.

Industry leaders are forecasting a return to equilibrium for WA, as population growth continues and the pipeline of supply gets built out.

No new apartment stock has been launched to the Perth market during the third quarter of 2022, as developers wait for unit prices to catch up with rapidly rising construction costs.

WA's predicted population rise has raised both concerns and expectations in the housing market, consulting firm Urbis and Property Council of Australia say.

Don Fini is hoping Fremantle’s Nightingale project drums up more interest in the model in WA.

WA’s residential housing market has responded to demographic shifts over the decades.

Developers and government are exploring what needs to occur for apartments to stack up in suburbs adjacent to Metronet stations.

The main players pin hopes on pent-up demand for new stock, as interest rates stabilise and buyers begin to accept higher prices.

The homebuilding sector has a strong outlook, but there are still challenges to overcome.

More than half of new land purchasers in Western Australia during the recent quarter were investors, according to Urban Development Institute of Australia WA.

Developments in South Perth have faced many stumbling blocks, but the high-rise precinct is taking shape.

The state’s dwelling prices must catch up to the rest of Australia to incentivise more supply, a panel of experts says.

Buyers are flocking to the land market, resulting in price growth for developers.

Recent data from Urbis shows apartment supply is increasing, but it is still not expected to meet demand.

The price of a new block of land in Perth has hit $305,177, as a lack of supply continues to impact the market.

The number of apartments reaching completion in 2024 will be up on previous years, but concerns remain for future supply.

Perth’s apartment sales for the 2024 financial year have surpassed $1 billion, a recent report by Urbis shows.

The Perth-based developer has reached a major milestone at its $150 million CBD student accommodation tower.

Developers say an increase to land tax concessions should help get more projects out of the ground, but that more needs to be done at a federal level.

Land developers are embracing inland areas and different housing types in a bid to meet the state’s housing needs.