Melbourne Builder Small Projects Collapses Owing $3.7M
Melbourne-based construction company Small Projects has entered liquidation, with debts exceeding $3.7 million, impacting creditors and highlighting industry pressures.
Category : Property Market
Waratah Workshop Demolition for $98M Apartments
A long-standing mechanic workshop in Waratah is slated for demolition to make way for a $98 million apartment development, sparking community debate over urban renewal versus heritage preservation.
Scheme Helps Children Save for First Home
A new government initiative encourages parents to open savings accounts for children, with contributions matched to boost deposits for future home purchases.
Brick Supply Delays Hit Australian Housing Industry Hard
Severe brick supply delays are causing significant disruptions in Australia's housing sector, exacerbating construction timelines and adding to existing industry pressures.
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Brick Shortage Worsens Housing Crisis, Construction Delays
A severe brick shortage is the latest obstacle in Australia's ongoing housing crisis, causing construction delays and increasing costs for new homes.
Melbourne Builder Collapses Owing $37M in Debts
Melbourne-based builder Small Projects Company has entered liquidation, with debts exceeding $37 million, impacting creditors and highlighting financial pressures in the construction sector.
Planning Changes Reshape Wollongong's Tower Landscape
State planning reforms have accelerated high-rise development in Wollongong, altering the city's skyline with new residential and commercial towers.
Perth's Treeby to Get $65m Retail Development
A $65 million retail development approved for Treeby will feature 26 tenancies across 14 hectares, creating jobs and boosting the local economy while addressing community noise and traffic concerns.
Perth Apartments Top Australian Property Market
Perth's apartment market is emerging as a national leader, driven by structural supply shortages and lifestyle appeal, with CBRE forecasting strong growth and high profitability through 2030.
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Australia's Housing Crisis Deepens with Land Shortages
New report reveals Australia faces a 380,000 home shortfall over five years due to land supply constraints, high costs, and infrastructure gaps, with WA particularly affected.
Tax Changes Risk Housing Supply and Jobs, Study Finds
Independent modelling reveals potential changes to capital gains tax and negative gearing could reduce housing starts, cut construction jobs, and slow economic growth, impacting renters and the broader economy.
Geelong Real Estate: Auction and Sales Results for April 4 Week
The latest auction and sales results for Geelong real estate for the week ending April 4 show strong market activity with key property transactions and clearance rates.
Second Unit Fire on Hamilton South Street in a Month
Emergency services responded to a unit fire on Fowler Street, Hamilton South, with one resident hospitalized for smoke inhalation. This marks the second such incident on the street within a month, prompting a police investigation.
WA Labor Bans No-Grounds Rental Terminations in Budget
The Western Australian government will prohibit no-grounds rental terminations in the upcoming state budget, aiming to address the housing crisis and provide stability for tenants.
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Hindmarsh Build-to-Rent Adds 326 Units to ACT Housing
A new build-to-rent development in Hindmarsh, ACT, will deliver 326 units, boosting housing supply amid a national shortage. The project aims to provide affordable, long-term rental options.
Wollongong Grows Up, Shell Cove Builds Out in Development Shift
Wollongong is experiencing a surge in high-rise residential developments, while Shell Cove expands with new housing estates, reflecting diverse growth strategies in the Illawarra region.
Cairns Real Estate: Auction and Sales Results for April 4 Week
The latest auction and sales results for the Cairns real estate market for the week ending April 4 reveal key trends and property movements in the region.
WA Housing Crisis: Pensioners, Cancer Patients in Cars
Pensioners and cancer patients are among dozens forced to live in cars and tents on Memorial Drive in Safety Bay, WA, as the housing and cost-of-living crisis deepens.
Claremont's $4.89m Plan to Upgrade Private Laneways
Claremont Town Council seeks public feedback on a proposal to take ownership of private laneways, aiming to repair deteriorating access points over 10 years with a $4.89m investment.
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Speers Point Apartment: Lake Views, Two Balconies
A modern three-bedroom apartment in Speers Point provides premium lakefront living with two balconies, open-plan design, and walkable access to local amenities.
Valentine Home: Palm Springs Vibe Meets Lake Macquarie Living
A fully renovated double-storey home in Valentine offers modern luxury with a Palm Springs design influence, featuring a resort-style backyard, four bedrooms, and proximity to Lake Macquarie.
Charlestown Home: Architectural Style Meets Bushland Vibe
An architect-designed four-bedroom home in Charlestown offers a unique blend of modern architecture and natural bushland surroundings, featuring energy-efficient upgrades and a separate studio for versatile living.
Deep Excavation Sign at Big Splash Site Marks Progress
A deep excavation sign has been installed at the Big Splash site, signaling a key phase in the redevelopment project. The update highlights ongoing construction efforts and community anticipation for the new facility.
Tomago Aluminium Loses Court Fight Over Land Valuation
Tomago Aluminium has lost a legal challenge against a land valuation increase, with the court ruling in favor of the Valuer General's assessment.
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Home Builders in Crisis as Costs Soar in Australia
Rising material and labor expenses are pushing Australian home builders to the brink, with many firms struggling to stay afloat amid financial pressures.
Builders Demand Delay to New Construction Code Amid Rising Costs
Victorian builders are urging the government to postpone a new construction code, citing soaring costs and industry pressures that threaten project viability and housing supply.
Perth Renovation Boom as Homeowners Avoid Buying in Supply Crisis
West Australians are increasingly choosing to renovate their homes instead of buying new properties due to high costs and low housing stock in Perth's competitive market, according to industry experts.
Mirvac Hits Record Lot Pipeline in WA, Opens Bullsbrook Estate
Mirvac has reached a record high for lots in its Western Australian pipeline, with the opening of a new estate in Bullsbrook boosting its residential development portfolio.
Canberra Apartments Hit 44% of Property Listings
Canberra's property market sees a surge in apartment listings, now accounting for 44% of all homes for sale, reflecting shifting buyer preferences and urban density trends.
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Bayswater Residents Oppose 24-Hour Petrol Station Plan
State planners have deferred a decision on a controversial $2.5 million 24-hour petrol station in Bayswater, despite strong opposition from residents and local authorities over traffic and health concerns.
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