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‘These days, the average loan rate is $720,000 and the current interest rate of 6.24 per cent,’ says Kim Macdonald.

opinion
opinion
Kim MacdonaldPremium
opinion
If you thought it was hard in 1990, try buying a house today

It is official. Perth’s housing market is tougher now than it was in 1990, when interest rates were 17.5 per cent.

Kim Macdonald

WA agricultural real estate agents have reported an interest in regional land suitable for data centres.

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exclusive
Testing the watersPremium
exclusive
Data centres chase water in regional WA

Data centres are beginning to target land in the South West, where there is ample access to water supply, with more than $35 million worth of rural land under conditional contract.

Melissa Pedelty

Land hosting Flametree Winery hits the market.

SQMPremiumSorry, the wine’s not included in South West winery sale

A winery estate in Margaret River’s wine region has hit the market, but in an unusual twist, it excludes the operating wine business.

Kim Macdonald

Plans for luxury apartments on South Perth Esplanade

Commercial PropertyPremiumLuxury homes replace one of Perth’s last riverside eyesores

One of the last remaining eyesores on South Perth Esplanade is likely to get bulldozed.

Kim Macdonald

JLL director RonakBhimjiani.

InterestPremiumInvestor switcheroo on rate hike

Hike to fuel investor change : economist

KIM MACDONALD

Developer Peet insists its takeover remains on track.

Mergers and AcquisitionsPremiumIngenia bid ‘not compelling’ as Peet deal holds ... for now

Barrenjoey says Warburg’s $5.25 Ingenia bid could leave value on the table, as Peet insists its $992.4m takeover remains on track and major shareholders stay silent.

Ryan Johnson

The State Government will funnel up to $4 million into reopening the mothballed Cardup Brickworks as a brick shortage holds up homes across WA.

ConstructionVideoPremiumBrickmaker gets $4m to reopen amid WA brick shortage

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

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.

InterestPremiumMortgage pain as interest rates tipped to hit 15-year peak

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.

Kim Macdonald

The cuts follow a sector-wide June warning from the corporate watchdog that private credit valuations could fail to reflect worsening conditions for borrowers, giving investors an inflated picture of what their holdings are worth.

Commercial PropertyPremiumWA-exposed Metrics fund values slashed after delayed audit

Three Metrics funds have been suspended after a delayed audit triggered cuts in their reported value, months after the corporate watchdog warned investors could be relying on inflated private credit valuations.

Ryan Johnson

Peet built an estate in Burns Beach

Commercial PropertyPremiumWarburg ups Ingenia bid as Perth Peet deal hangs in balance

Warburg has lifted its Ingenia bid to $2.14b and set a Friday deadline, with the US giant still demanding it abandon its near-$1b takeover of Perth developer Peet.

Ryan Johnson

Residential developer Bathla entered voluntary administration owing $3.4 billion to creditors. (Dan Himbrechts/AAP PHOTOS)

Commercial PropertyPremiumBathla closure leaves staff jobless and homes unbuilt

Bathla administrators fail to rescue the property developers from liquidation.

Ella George

A 27-storey apartment building is the latest in a string of approved developments set to tower near Scarborough’s beachfront in a bid to alleviate the high demand for rentals.

Tide turnsPremiumScarborough development set to become beachfront’s biggest

A 27-storey apartment building is the latest in a string of approved developments set to tower near Scarborough’s beachfront in a bid to alleviate the high demand for rentals.

Laura Pond

Land developer Nigel Satterley is now reviewing his options after his latest Stoneville loss.

Housing MarketPremiumFire risk kills three decade-long fight for Stoneville homes

Land developer Nigel Satterley is now reviewing his options after his latest Stoneville loss

Kim Macdonald

Bushmead Road was the home to the Swan Materials concrete and asphalt manufacturing plant, a transport workshop and a materials laboratory.

Square metresPremium$42 million end of an era for BGC facility

BGC was once a $1 billion empire, but yet another of its major properties has sold.

Kim Macdonald

Parcel Property general manager Jeremy Cordina, Wanneroo mayor Linda Aitken, Landsdale MLA Daniel Pastorelli MLA and Parcel Property project director Ryan Hunter.

Commercial PropertyPremiumThis council is now Perth’s ‘most important housing market’

The local government area is leading the way on development, growing nearly twice as quickly as the next fastest-growing area and cementing its position as WA’s growth powerhouse.

Kim Macdonald

Listing days to sell a house in WA have blown out.

PropertyPremiumPerth has longest property sales period of any capital city

New research shows the worrying amount of time it now takes to sell a house in Perth.

Kim Macdonald

Peet would give Ingenia control of more than 26,000 lots across more than 40 projects nationally.

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Commercial PropertyPremium
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‘Substantially undervalued’: Ingenia rejects new Warburg bid

Ingenia Communities has rejected a US private equity giant’s sweetened $2 billion takeover offer, saying the revised terms still ‘substantially undervalues’ the group.

Ryan Johnson and Cheyanne Enciso

Artist’s impression of the sports viewing and dining area at Varsity Ringwood.jpg

RetailWA-raised beer and burger bar takes on the east coast

A Perth-raised sports, beer and burger chain is about to crash the crowded east coast market.

Daniel Newell

Elusive businessman Victor Goh refuses to answer questions from The West Australian’s Matt McKenzie as he is whisked away from the Supreme Court in Perth in a black SUV.

BusinessVideoWATCH: Elusive businessman refuses questions outside Court

Elusive businessman Victor Goh refused to answer questions from The West Australian’s Matt Mckenzie as he was whisked away from the Supreme Court in Perth in a black SUV.

Matthew McKenzie

Victor Goh has appeared in the Perth Supreme Court. PIctured - Goh arrives at court Justin Benson-Cooper

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BusinessVideoPremium
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Mysterious property developer seen for first time in decade

Elizabeth Quay developer Victor Goh has been pictured for the first time in a decade as the Supreme Court made a decision on contempt of court charges against the businessman on Thursday.

Matt Mckenzie

An artist’s impression of the Ocean Reef Marina once complete. The marina’s first residential lots are set to be released next week as the project’s cost rises to $325 million.

PerthPremiumOcean Reef Marina cost soars to a staggering $325m

The first lots at Ocean Reef marina are about to hit the market and while they’re waterfront, they also come at an eye-watering price.

Liam Murphy

Chairman Home Builders Action Group Jason Janssen said builders were shocked by how tight the rations were.

exclusive
exclusive
ConstructionPremium
exclusive
Builders fear collapse with brick rations to last a year

WA builders are expected to be on brick rations for at least a year, as builders plead for more from the State’s only major manufacturer.

Kim Macdonald

Curtin's proposed student accommodation in Kalgoorlie

DevelopmentPremiumZen in Kalgoorlie

Changing student expectations prompt plans for student zen den and other wellness facilities in rough and ready Kalgoorlie.

Kim Macdonald

The owner says landlord entered the property on Saturday and took possession ‘without prior notice’, forcing the 86-place centre to close immediately.

Small BusinessPremium‘Blindsided’: Heartbreak at childcare centre’s shock closure

The owner says the landlord entered the property on Saturday and took possession ‘without prior notice’, forcing the 86-place centre to close immediately.

Ryan Johnson