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Peet Limited (ASX: PPC) is an Australian real estate development company focused on creating masterplanned residential communities and medium density and apartment developments for homebuyers across Australia. Headquartered in Perth, it has operations in all Mainland Australia states and territories.
By the 1990s, 70% of private new estate land in Perth was owned by Satterley, with 80 staff and $350 million in annual sales. [8] Western Australian hansard records in 1995 mention that Satterley Real Estate controlled the development of the Kwinana Freeway. [9]
In the late 2000s, housing prices in Australia, relative to average incomes, were among the highest in the world. As at 2011, house prices were on average six times average household income, compared to four times in 1990. [15] This prompted speculation that the country was experiencing a real estate bubble, like many other countries. [16]
Zillow data showed that a typical homebuyer in October 2023 would have spent an incredible 40% of their earnings on their mortgage payment, an all-time high that hasn’t been seen since the 1990s.
Rent.com.au was established in 2007 [1] to address a gap in the market for a real estate portal that specifically catered to the needs of Australian renters. For the first two years, the company focused on developing a website front end and ensuring sufficient property listings content was available to provide renters with the widest choice of rental properties possible.
Thornlie is a large residential suburb of Perth, the capital city of Western Australia, located 15 kilometres (9.3 mi) south-east of the city's central business district. It is a part of the City of Gosnells local government area. The Canning River runs through the northern side of the suburb. Since the 1950s the suburb has developed in ...
Development in Woodlands started in the 1960s. The Floreat Lakes Estate to the south east was subdivided in 1991. [2] Woodlands is one of Perth's original northern suburbs. In 1964 Lake View Rd (now Huntriss Rd), saw housing development commence in Woodlands. At this time there were no house between it and Jackadder Lake.
Butler is an outer suburb of Perth, Western Australia, 41 kilometres north of Perth's central business district. It is part of the City of Wanneroo local government area. It forms the majority of the Brighton Estate, a large commercial and residential development by Satterley.