News
Great New Year Start for Western Australia (WA)
January 2017
$5 Billion Iron Ore Mine Plan in Pilbara
One of New Zealand's biggest private companies, Todd Corporation has signed a State Agreement with WA Government that will pave the way for a $5 Billion iron ore project in the Pilbara. This will create more than 3000 jobs during the construction phase and 900 workers would be recruited during profuction if Todd Corporation pressed the button on the "Balla Balla Project".
The prices of iron ore has almost doubled since 24 months ago (At the close 23 Jan
JANUARY 2017 – PROPERTY NEWS UPDATE
January 2017
Rental Market Update
According to REIWA this month, “The leasing activity has dropped by 2% in Perth in the month of December 2016. But if we put it in a different perspective, the rental activity has increased by a noteworthy of 27% when compared to December 2015.
Corporate City has outperformed the industry standard and managed to keep our portfolio's vacancy rate low at 2.5%, equivalent to only 6 properties currently vacant comparing to Perth vacancy rate of 6.9%. We would expect Perth l
October Property Market News
October 2016
REIWA AWARDS NIGHT 2016
Corporate City is proud to announce that we have been nominated as the finalist for Small Residential Agency of the Year 2016. We would like to take this opportunity to acknowledge the support of all our owners with deep gratitude. Corporate City will strive to continue servicing our o
Latest Property Market Update
September 2016
Rental Market Update
According to REIWA this week, “Perth Metropolitan rental vacancy rate is currently sitting at staggering figure of 6.7% in July. There are a total of 11,027 properties listed for rent in Perth Metropolitan area, an increase of 32.7% more properties since 12 months ago..”
The good news for all our owners that have chosen Corporate City to manage their properties as we currently only have 4 vacant properties ready for tenants to move in now and we need more apartments.
