The number of dwellings approved rose 1.1 per cent in August 2017, in trend terms, and has risen for seven months, according to data released by the Australian Bureau of Statistics (ABS) today. "Dwelling approvals have shown signs of strength in recent months, although are still below the record high in
Read MoreThe proportion of occupied apartments that are high-rise doubled from 19 per cent in 1991 to 38 per cent in 2016, according to an analysis of Census data released today. The analysis also revealed that there is now one apartment occupied for every five houses, up from one in seven in
Read MoreThe Government has confirmed that the West Block building in the Parliamentary Triangle will be sold for $6.25 million to a subsidiary of the Geocon Land Holding Group, NG Landholdings Hotel Pty Ltd. This decision to sell the West Block building to Geocon follows the successful completion of a tender process. Geocon
Read MoreHousing Minister Peter Tinley has turned the first sod on a project that will provide greater flexibility and more design choices for those looking to buy in the nationally and internationally acclaimed Ellenbrook development. The 80sqm lots - of which there will be eight in the new Reveley Terrace project built
Read MoreResidential property prices rose 1.9 per cent in the June quarter 2017, according to figures released today by the Australian Bureau of Statistics (ABS). Price rises in Sydney (2.3 per cent) and Melbourne (3.0 per cent) were partially offset by falls in Perth (0.8 per cent) and Darwin (1.4 per cent). "Residential
Read MoreAn important initiative to drive greater efficiency in the management of the Commonwealth’s property portfolio is now being implemented following the appointment of three property service providers. The providers are Broadspectrum Property Pty Ltd (Broadspectrum), Evolve FM Pty Ltd (Evolve FM), and Jones Lang LaSalle (ACT) Pty Ltd (JLL). They will
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Private owners of State Registered heritage places are invited to apply for a share of $1.2 million to assist with urgent conservation works to their properties. The Heritage Council of Western Australia's Heritage Grants Program offers dollar-for-dollar funding for grants of up to $100,000, including for conservation plans to help guide
Read MoreThe Australian Government is moving forward on the housing affordability package announced in the Budget. Legislation introduced into the Parliament today will: enable prospective first home buyers to save for a deposit inside superannuation through the First Home Super Saver Scheme (FHSSS) allow older Australians to contribute the proceeds of the sale of
Read MoreASIC has launched a series of videos to help consumers make MoneySmart decisions when buying a home. TV personality Shelley Craft hosts five videos featuring essential tips on the key decisions involved with a buying a home including: How to get a home loan; Working out how much you can afford with a mortgage; Saving
Read MoreThe northern suburb of Greenwood is set for a new $51 million residential development that will generate and support up to 150 jobs during its construction phase and deliver 138 contemporary homes by its completion in 2020. The East Green project is a partnership between the Department of Communities and
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