Perth housing crisis deepens; builder chased over defects; property prices slump | 7NEWS

Western Australia is facing multiple housing crises with six nearly completed townhouses in Hamilton Hill set to be demolished at a cost of $1.1 million to taxpayers, while another $4 million will be needed to rebuild them. A Perth builder, Kastle, is being pursued for hundreds of thousands of dollars in warranty work on an apartment block plagued by water leaks and defects. After record price growth, the runaway Perth property market has hit a speed-bump. Subscribe and set 🔔 » https://7news.link/YTSubscribe | For the latest Australian news and breaking news alerts, connect with 7NEWS online: Visit » https://7news.com.au 7Plus » https://7plus.com.au/ 7NEWS Podcast » https://open.spotify.com/user/dm9fk9h... Facebook »   / 7newsaustralia   TikTok »   / 7newsaustralia   Instagram »   / 7newsaustralia   X » https://x.com/7NewsAustralia 7NEWS combines the trusted and powerful news brands including Sunrise, The Morning Show, Spotlight and 7NEWS.com.au, delivering unique, engaging and continuous coverage on the issues that matter most to Australians. Watch 7 News Australia full broadcasts and full episodes at 6pm and weekdays at 12pm and 4pm on Channel 7 and 7plus. #BREAKINGNEWS #7NEWS