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Property developer Mirvac will launch its luxury $2 billion Harbourside Residences project in Sydney next month, cranking up the supply of sought-after but scarce three and four-bedroom apartments.
Prices for newer apartments could jump by more than 20 per cent by the end of 2026, fuelled by lower interest rates and shrinking supply, according to CBRE.
Rents are also predicted to increase by 25 per cent in total over the next five years as vacancies tighten.
An upcoming penthouse in Scarborough — set to hit the market for an eye-watering $20 million — says it all.
Scarborough’s ever-changing waterfront is set to gain yet another apartment development after the state’s planning body gave Perth developer Gary Dempsey’s $80 million Myka Residences project the green light.
A development panel has unanimously approved Gary Dempsey’s Scarborough project, a 12-storeydevelopment comprising 21 apartments.
Western Australian property development titan, Gary Dempsey Developments (GDD), has lodged a development application for a 12-level apartment project at 194 The Esplanade, after having acquired full ownership of the 1,500 square metre (sqm) site from its former venture partner Cape Bouvard Developments back in 2020.
Gary Dempsey has submitted a proposal for a 12-storey apartment building in Scarborough, with an expected end value of $80 million. The architect has lodged an application for a 21-apartment development, to be named Myka Residences, to be built on 194 The Esplanade.
Gary Dempsey Development's contentious plan for an apartment building along Cottesloe's popular beachfront strip has been approved by the Western Australian Planning Commission.
Perth’s house and land market has dominated the property sector for decades, but a growing appetite for design-led “boutique” apartment developments is changing the city’s skyline.
And while Perth’s economic fortunes are entwined with Western Australia’s boom and bust resources sector, increasingly, a selection of developers are rising to meet the demand for luxury apartment living.
Gary Dempsey Developments has reduced the height of its $22 million beachfront development proposed along Marine Parade in Cottesloe, as part of revised project plans. The Perth-based developer originally lodged plans for a nine-storey, 16-apartment project at 120 Marine Parade last December, via the State Development Assessment Unit, which was established in 2020 to streamline projects as part of the state’s COVID stimulus measures.
Damian Collins, President of REIWA, has congratulated Mark McGowan and the Australian Labor Party on their resounding victory but has called for the re-elected government to do more to address housing issues in the State.
Gary Dempsey Developments founder and builder, Gary Dempsey, has joined the WA Property Council calls for reforming stamp duty.
Mr Dempsey – who has also called for greater regulation in the property development sector on the eve of the Western Australian election – said stamp duty reform is long overdue, adding he supports the proposal that is currently being explored in New South Wales.
In a call that may surprise some of his competitors, Gary Dempsey’ Development’s founder, Gary Dempsey, has argued the next WA government needs to address tightening regulations and improve transparency towards apartment sales.
Apartment developer Gary Dempsey, the founder of Gary Dempsey Developments, said he had also received high-levels of enquiry from those either interstate or overseas, looking to make the move back to Perth.
Mr Dempsey said sales for the year were more than triple the levels the business had recorded in 2020 before the pandemic hit.
In the wake of a strengthening local property market in Perth, sales at the final stage of the Taskers development – known as Siskas – on McCabe Street in North Fremantle, has hit record-high sales.
The fight to transform Cottesloe beachfront – once described by the premier as a Roman ruin- has kicked off again with new plans for a high-rise apartment complex 100m from the water.
Tensions are running hot along the coast from Cottesloe to Trigg as two high-rise apartment blocks on the beachfront seek the green light from planning authorities.
Gary Dempsey Developments has lodged plans for a nine-storey apartment project along Cottesloe’s popular Marine Parade strip.
SISKA, the name given to a series of 5 maxi sloops built for and sailed by iconic WA sailor and businessman Rolland “Rolly” Tasker, has been re-ignited in the final stage of Perth luxury apartment developer and builder Gary Dempsey’s North Fremantle project at TASKERS LIVING.
When is a penthouse not a penthouse? “A genuine penthouse must be far more substantial in size than the other apartments in the building, and offer a level of luxury and refi nement of the highest order
Fancy a future with flying cars akin to the 1960s television cartoon classic The Jetsons?
Living or investing in an apartment or unit has its perks, especially in a growing city.
The success of Taskers continues with The Villas winning Best Medium Density Development at the UDIA (WA) Awards for Excellence 2017.
There's no slowing down the progress of Taskers in North Fremantle. Not with Gary Dempsey at the helm anyway.
TASKERS Living hosted a VIP event and an open day last month to celebrate the launch of The Villas display home at Taskers, North Fremantle.
There’s so many reasons we love to live in Perth.. the great weather, the lifestyle, the cafes for breakfast, and of course the stunning beaches and river.