Property

First-buyer surgeLow rates entice more renters into property market: NAB

The boss of one of Australia’s major banks says low interest rates have created an unusual situation for people facing an age-old property conundrum.

Gerard Cockburn

Hot propertyHouse price boom good for banks: Moody's

Australia's house price boom is a positive for the credit standing of banks, developers and material suppliers, Moody's Investors Service says.

Colin Brinsden

Skyrocketing salesApartment sales double to highest point in seven years

Apartments have been revealed as a big part of WA’s property boom, with sales skyrocketing by more than half to their highest point in seven years, marking a solid rebound for the market.

Kim Macdonald

Off-market bidBond reveals trigger for Centuria merger

Primewest founders John Bond, Jim Litis and David Schwartz have recommended a cash and scrip offer from Centuria that will see the merged group based in Sydney.

Kim Macdonald & Neale Prior

analysis
analysis
Smart moves
analysis
John charts own path in tale of two Bonds

It is hard to imagine business stories more different than those of Primewest co-founder John Bond and his late father, Alan. So, how did Bondie’s eldest son build and hold onto an empire?

Neale Prior

ASIC winJudge bans Mayfair 101 bond spruiker James Mawhinney

A judge has imposed a two-decade ban on the man behind the $200 million-plus Mayfair 101 property finance schemes amid evidence he has kept tapping investors.

Neale Prior

Immune to the boomThe Perth suburbs failing to sell in red-hot market

A handful of suburbs appear immune to the boom that has sent listed properties flying off the market, with sales taking up to three times longer than average — and tenants could be to blame.

Kim Macdonald

Commercial PropertyPush to sell, demolish Mascot Towers

Owners of apartments in Sydney's Mascot Towers are being advised to sell so the building can be demolished, two years after cracking forced them out.

Hannah Ryan

Mega planWoolies makes $15m pitch to take over old Bunnings

The grocery giant has applied for development approval to replace the northern suburbs site with a supermarket, liquor store, cafe and shops.

Lucy Jarvis

Going upAussie COVID ‘miracle’ keeps boosting house prices

House prices are expected to rise by as much as 10 per cent by the end of the year as the economy continues to recover from the impacts of COVID-19.

Sarah Ison

Virtual experienceVection’s big picture buy to grow real estate service

Perth-listed technology company Vection is set to make its first Australian acquisition as its looks to bolster its presence in the real estate sector.

Kate Purnell

‘Up, not out’Living Leedy high life gets in-principle support

Leederville’s first new residential high-rise — a nine-storey tower slated for Vincent Street — appears to have in-principle support from locals.

Kim Macdonald

High stakesLeedy and Cott: A tale of building in two cities

Cottesloe and Leederville are 12km apart on a map but world’s apart when it comes to medium-density high-rise.

Kim Macdonald

Glory daysFit for a king: $15m makeover for His Majesty’s

His Majesty’s Theatre in Perth is to get a $15 million makeover to return the grand old heritage building back to its former glory with restored balconies.

Kim Macdonald

Calm downPerth homebuyers told to ignore FOMO and ‘be sensible’

A growing number of Perth properties are being purchased sight unseen in what can only be described as panic buying.

Ben O'Shea

Green lightPlanners back Dalkeith apartment plans

State planners have given the green light to a $5.8 million apartment block in Dalkeith despite councillors’ concerns it would “devalue” neighbouring properties.

Victoria Rifici

Housing marketUrgent warning on Aussie housing market

Australian housing prices are surging thanks to buyer demand and dirt cheap home loan rates. But will the boom continue?

Melissa Iaria

exclusive
exclusive
Perth Housing boom
exclusive
Experts predict 15pc house price rise by end of year

WA’s peak real estate body has revised up its forecasts for property price rises this year — potentially nearly tripling predictions it made only three months ago.

Kim Macdonald

Online scamFake properties leave desperate Perth renters homeless

The rental crisis has taken a sinister turn with scammers stealing thousands of dollars for fake rental properties, leaving some people homeless.

Kim Macdonald

Rates downTwo-year wait for Perth hotels recovery

Occupancy rates for Perth hotels won’t return to pre-COVID levels until 2023 — but this will still be earlier than other States.

Jenne Brammer

Cash accessSmall traders wary of lending squeeze amid housing boom

WA’s small businesses have been offered reassurance from Australia’s banking watchdog that they will be spared future lending restrictions but some are still wary of borrowing more.

Daniel Newell

PoliticsRBA not fazed by red hot housing market

The Reserve Bank's assessment of the financial system finds rising house prices are mitigating its fears earlier in the pandemic of mortgage lending losses.

Marion Rae

Protest voteScentre investors rail against exec pay

Investors in Westfield shopping centre owner Scentre Group have cast a sizeable vote against executive pay at its annual general meeting.

Steven Deare

Runaway price growthPerth’s home of the year up $1 million in six months

Perth’s home of the year has been listed on the market for up to $1 million more than it sold for only six months ago in a sign of Perth’s runaway price growth.

Kim Macdonald