Construction & Housing
$3.8 billion Burswood Point redevelopment project to generate over 25,700 local jobs over the coming years!
September 24, 2024
Construction has started for 4,500 homes as part of the Burswood Point redevelopment, supported by the Cook Government to boost housing supply in Western Australia. The initial stage includes 67 homes and 203 apartments, with future phases adding more housing, public spaces, hotels, and retail areas. The project has received $2 million from the Cook Labor Government’s $80 million Infrastructure Development Fund to support critical infrastructure, such as water and electricity connections. The fund has already helped launch 16 projects, with 1,321 apartments under construction and more in the pipeline. Future residents will benefit from expanded ferry services on the …
An $87 million contract has been awarded for the first phase of Brisbane’s 2032 Olympic Athlete Village
August 7, 2024
As part of the preparations for the Brisbane 2032 Olympic and Paralympic Games, an $87 million contract has been awarded to BMD for the first phase of the Northshore Brisbane Street Renewal Program. This phase includes upgrading roadways and landscape infrastructure, with the creation of a sub-tropical boulevard with bike lanes, walkways, and lush landscaping along Macarthur Avenue. The athlete village accommodation at Northshore Brisbane will be repurposed into a variety of housing options, including market, affordable, hotel, retirement, and social housing, in addition to community, recreational, and leisure facilities following the 2032 Olympic and Paralympic Games. Source: Link
$107 Million contract for Ocean Reef Infrastructure delivery awarded, supporting more than 150 Western Australian jobs.
February 21, 2024
The contract for works on the Ocean Reef Marina Development in Western Australia has now been awarded, with Georgiou set to deliver the construction of public infrastructure. The $107 million contract comprises the delivery of public infrastructure such as boat ramps, marine walls, as well as recreational spaces. These works will also include the development of lots for residential, retail and hospitality purposes. Work will begin in 2024 to create: A Family Friendly beach Perth’s first coastal pool Pedestrian Promenade Residential Living Spaces Children’s Play Spaces Recreational facilities such as change rooms, toilets, BBQs and shade structures. Construction on the …
$400 million project to redevelop former Perth Girls School is approved by Development WA
July 1, 2022
The Major East Perth project is to deliver 742 new apartments, including 242 build-to-sell apartments constructed across two 25-storey towers. The remaining 500 apartments will be the largest build-to-rent development in the State, delivered in a 15 to 37-storey development. It will include a significant number of affordable apartments, as well as 100 social housing apartments, and a range of Special Disability Accommodation apartments. The new precinct will also include the refurbishment of the State heritage-listed school building into a creative mixed-use space. This space will include a microbrewery, restaurants and cafés, creative industry offices, art gallery and performance spaces …
$257 billion Construction Opportunity for Australia in 2022/2023
May 31, 2022
The Australian Construction Industry Forum (ACIF) has released its Construction Market report saying that it expects the dollar value of construction work to increase by 2.8%, generating over $256 billion of opportunities in 2022/23. Leading the way will be residential and engineering construction, creating an expected additional 35,000 jobs during 2022. In residential the current boom in activity is expected to run for another two years as the value of work done increases by a further 2.0 percent in 2022/23 and 1.1 percent in 2023/24. Meanwhile, engineering construction activity is set to surge amid a massive pipeline of transport projects, work on clean …
Annual home prices in Australia soaring at fastest level since 1989
October 1, 2021
House prices in Australia have continued to rise and have grown by more than 20 percent compared to last year, the fastest pace since mid-1989. And while CoreLogic’s national home value index rose by 1.5 percent in September, this is just over half the rate in March. According to Research Director Tim Lawless of CoreLogic, the slowing growth conditions are caused by higher barriers to entry for non-homeowners and fewer government incentives to enter the market. Despite rising housing values, household income has remained the same, which results in potential buyers having difficulty in raising money for deposits. Lawless stated …
Statement – Construction underway to fix one of WA’s most dangerous intersections
June 11, 2021
Leach Welshpool Alliance, comprised of Georgiou Group Pty Ltd, BG&E Pty Ltd and Golder Associates Pty Ltd has started work on improving the safety and bust congestion of Perth’s most dangerous intersections – he Leach Highway and Welshpool Road interchange. The project will deliver a new grade-separated intersection with Leach Highway bridging over Welshpool Road; an at grade roundabout at the intersection of Leach Highway and Welshpool Road; and an upgrade of the Leach Highway Bridge over rail south of the interchange. The design of the interchange will improve traffic flow and is expected to reduce peak travel times, while …
WA’s $1.3B pipeline of infrastructure projects
May 7, 2021
Western Australia has been allocated a budget of $1.3 billion for major infrastructure projects. Prime Minister Scott Morrison stated that investments into infrastructure projects would make WA roads safer, improve public transport and reduce travel times while creating more than 4,000 direct and indirect jobs across WA. Some of the main projects funded include: $347.5 million for METRONET: Hamilton Street-Wharf Street Grade Separations and Elevation of Associated Stations, including Queens Park Station and Cannington Station and an enhanced METRONET Byford Rail Extension project, with new grade separated rail crossing at Armadale Road and an elevated station at Armadale; $200 million …
Construction Tradies and Professionals in Massive Demand
April 14, 2021
The Department of Education, Skills and Employment has published the Job Vacancy data which shows higher vacancy levels for many trades than they were before the COVID outbreak. Vacancy levels for electricians, have risen for eight consecutive months and now stands at 1, 958-the highest level on record since October 2019. The vacancies for plumbers are also at their highest levels since June 2018 whilst demand for painting trade workers stand at three-year highs. Vacancies for architects, construction manager and various engineering roles are almost back to pre-COVID levels. Although current levels of construction employment are below those seen during …
Perth Build-to-Rent Tower Gets Nod
March 31, 2021
Sentinel Real Estate has secured approval for its third project in Perth. The project, to be built on the corner West Coast Highway and Manning Street will comprise 175 apartments in a mix of sizes atop a three-storey mixed mixed-use podium. The 21-storey build-to-rent project will be developed and leased by Sentinel and will feature four commercial tenancies, 230 bike parking bays, 215 car parking spaces and end of trip facilities for commercial tenants. The first stage of the three-stage development, known as Element 27, has been in operation and tenanted since early 2019. The second stage is under construction …
