Perth’s office vacancy rate has been forecast to halve in just over three years — in 2030 — with Knight Frank making a bold prediction.
Kim Macdonald
The boss of Australia’s biggest home loan lender is holding on to forecasts for when he expects house prices to bottom out.
Daniel Newell
Nearly one in four new borrowers opted for interest only home loans in the three months to June, worth nearly $50 billion, in a sign of significant mortgage stress.
A new fund to help give people living with MND, MS, quadriplegia and paraplegia more accommodation options
Residents have already put CDC on notice that they expect a seat at the consultation table when it comes to a newly proposed Hazelmere data centre.
A property developer and contractor has appointed former WA premier Mark McGowan to its board as the group pushes into new construction methods aimed at addressing the housing supply crisis.
Cheyanne Enciso
The head of Australia's largest customer-owned bank has noticed a slowdown in the housing market but says his institution is well-positioned to ride it out.
Adrian Black
Some buyers signed contracts with Blackburne Group in 2022 but they won’t move in until 2029, with one saying he felt ‘very cheated’ after years of setbacks.
Known as the pièce de résistance in Iwan Iwanoff’s portfolio, the late architect’s family home has been listed for sale in Floreat.
About $30,000 to $100,000 could be slashed from Perth dwelling prices within nine months, in one of the sharpest corrections on record, according to analysts.
Kim Macdonald and Stephen Johnson
It is official. Perth’s housing market is tougher now than it was in 1990, when interest rates were 17.5 per cent.
Recent first-homebuyers who participated in the Federal Government’s 5 per cent deposit scheme are those most likely to have fallen into negative equity, according to Reserve Bank of Australia research.
Adrian Lowe and Stephen Johnson
Australia's overall housing downturn is now deeper than at the same stage of the 2022-23 decline, putting it on track for one of the biggest falls on record.
Jacob Shteyman and Daniel Newell
Economists are warning that dwellings in Perth and in suburbs across the nation are dropping in value, with the price pain set to continue.
One of the last remaining eyesores on South Perth Esplanade is likely to get bulldozed.
Hike to fuel investor change : economist
KIM MACDONALD
The State Government will spend up to $4 million to reopen Cardup Brickworks as builders warn a shortage is delaying homes across WA.
Oliver Lane
Homeowners will bear the brunt of the Reserve Bank’s fight against inflation as it hits mortgage holders with a fourth rate hike this year.
Stephen Johnson
Australian households have been hit with a fourth interest rate hike, adding further pressure to budgets already buckling under the strain of sky-high fuel prices.
Official interest rates are set to hit their highest point in 15 years this week but the impact will sting more this time around after an explosion of debt.
Most experts are tipping an interest rate rate hike on Tuesday and half expect another one before the end of the year.
Three-quarters of Australians are willing to cut back on their discretionary spending to afford a home, new data reveals, but there is a catch.
Lucinda Garbutt-Young
Bathla administrators fail to rescue the property developers from liquidation.
Ella George
Land developer Nigel Satterley is now reviewing his options after his latest Stoneville loss
