By Helene Fung
For video see: http://wamnetwork.com.au/?p=11046
With so many political and economic heavy weights debating recently whether Sydney and Melbourne have housing bubbles – have you wondered how the Perth market is doing? We've consulted key industry figures and came up with what the future likely has in store for you.
By Annabel Hennessy
PERTH'S high-rise building boom is continuing, with more than 15,000 apartments sold off the plan or approved for development.Figures to December from property consultancy firm, Urbis, show that of the 9427 "active" apartments – those selling off the plan, under construction or recently completed – just 2832 remain on the market.
By Marissa Lague
James Limnios will step down from the helm of the family's Limnios Property Group to set up a boutique property syndication and advisory group.
VETERAN real estate agent James Limnios has announced he will step down from the family business after 25 years . The City of Perth councillor has relinquished the helm of Limnios Property Group to set up his own property syndication and advisory group, Limnios Equity and Development.
MEDIA RELEASE 18 May 2015
Limnios Property Group chief executive James Limnios has left the family real estate business after 25 years,
MEDIA RELEASE 18 May 2015
Perth
real estate identity and City of Perth Councilor James Limnios has relinquished the helm of high profile real estate agency Limnios Property Group after 25 years working in the family business.
By Kent Acott
Perth's urban sprawl is now recognised as one of the biggest in the world. And if the city continues to spread at the current rate, experts say the Perth metropolitan area will stretch 270km — from Myalup to Lancelin — by 2050.
By Marissa Lague
Developer James Limnios is urging the City of Perth and local governments on the city fringe to speed up development with a levy on vacant property sites.
By Marissa Lague
Perth recorded a jump of almost 60 per cent in the value of building approvals for higher density homes in the second half of 2013 compared with the same time in 2012, according to the Australian Bureau of Statistics.
By Marissa Lague
Strong off-the-plan apartment sales have given the sector a leading role in WA's property market and provided much needed construction work.
By Natalie Nazzari (link to article)
Buying off the plan has taken off in Perth.
The median price of an apartment in inner-city Perth jumped by 11 per cent to $550,000 in the year ending June.
By James Limnios (link to article)
It's hard to believe, for some of us that people are still being scammed by people on the internet giving away something too good to be true.
The prices of inner city apartments in Perth are now similar to the pre-GFC levels having recovered all of the losses incurred following the property slump caused by the GFC.
By Aaron Corlett
Median prices for units in the city centre have increased by more than 4 per cent in the past 12 months, according to RP Data.
