Australian Property News

First homebuyer numbers continue to fall

Posted on Wednesday, September 10 2014 at 1:48 PM.

The Real Estate Institute of Australia (REIA) says the Australian Bureau of Statistics (ABS) July 2014 housing finance data shows first homebuyer activity is at a record low. Read more

Victorian first homebuyers receive half-price stamp duty

Posted on Wednesday, September 03 2014 at 3:32 PM.

Qualifying first homebuyers in Victoria now receive a 50 per cent discount on their stamp duty as part of a phased in scheme. Read more

Interest rates on hold

Posted on Tuesday, September 02 2014 at 2:58 PM.

Investors and homeowners can continue to enjoy historically low interest rates, with the Reserve Bank of Australia (RBA) keeping rates on hold again. Read more

Perth market remains steady

Posted on Friday, August 29 2014 at 4:30 PM.

Perth’s median house price remains steady for the month of August according to data from the Real Estate Institute of Western Australia (REIWA). Read more

Mosman home to number one million-dollar street

Posted on Monday, August 25 2014 at 1:44 PM.

It’s no surprise Sydney is home to an increasing number of million dollar streets. And the blue-chip and highly sought after suburb of Mosman, on the Lower North Shore, has been revealed as one of the best destinations for million dollar houses. Read more

Million dollar smiles

Posted on Friday, August 22 2014 at 1:15 PM.

Australia’s million-dollar property club has exploded to 417 suburbs with a median value of $1 million or more. Read more

Rental market continues to slow

Posted on Wednesday, August 20 2014 at 4:08 PM.

Data released by a leading analyst confirms an overall slowing in the national rental market. Read more

Top affordable inner city suburbs

Posted on Friday, August 15 2014 at 1:31 PM.

They say buying the right property close to the CBD pays. But generally property prices in these central locations can hurt the hip pocket in comparison to purchasing further afield. Investors and owner-occupiers could be delighted by RP Data’s latest findings revealing affordable inner city suburbs do still exist. Read more

Borrowers shun fixed loans

Posted on Monday, August 11 2014 at 10:58 AM.

Homeowners and investors are shying away from fixing home loans, according to the latest housing finance data released by the Australian Bureau of Statistics. Read more

Renovation revolution

Posted on Thursday, August 07 2014 at 9:18 AM.

Home renovations are set to boom over the next three years according to a report by Master Builders Australia (MBA). Read more

Interstate migration slows

Posted on Monday, August 04 2014 at 7:42 AM.

An analysis of Australian Bureau of Statistics (ABS) demographic data reveals migration between Australia’s states and territories has slowed since the onset of the GFC. Read more

Brisbane winter breaks 23-year growth drought

Posted on Wednesday, July 30 2014 at 4:30 PM.

Brisbane is on track for its first consecutive increase in June quarter sales in more than two decades, according to the Real Estate Institute of Queensland (REIQ). Read more

First-timers could soon use super to buy property

Posted on Monday, July 28 2014 at 1:36 PM.

First homebuyers trying to enter the booming property market might soon be able to use their own superannuation as a deposit for a first home. Read more

How to buy an investment property faster

Posted on Monday, July 28 2014 at 11:20 AM.

Would-be investors are willing to cut back on everyday spending to afford an investment property, according to a Mortgage Choice First Time Investor survey. Read more

NSW first homebuyers head west

Posted on Wednesday, July 23 2014 at 1:50 PM.

Analysis by the New South Wales Government shows the majority of first homeowner activity is in the State’s western growth corridor. Read more

Housing construction to peak in 2014

Posted on Friday, July 18 2014 at 12:20 PM.

The Housing Industry Association (HIA) says detached housing construction numbers will peak in Australia this year. Read more

Vacancy rates on the rise

Posted on Wednesday, July 16 2014 at 2:17 PM.

SQM Research has released figures revealing an increase in residential vacancy rates across the nation. Read more

Debt reduction before fun when it comes to tax returns

Posted on Monday, July 14 2014 at 3:01 PM.

Australians who receive a tax refund this year will most likely to pay down existing debt, such as their mortgage or credit cards, according to a survey by non-bank mortgage provider, Homeloans. Read more

SA property market upswing

Posted on Monday, July 14 2014 at 10:37 AM.

South Australia’s property market is on the upswing according to the Real Estate Institute of South Australia (REISA). Read more

Property promoters put on notice

Posted on Thursday, July 10 2014 at 12:09 PM.

Anyone marketing investment property in Victoria has been warned to ‘play it straight’ with consumers about their legal rights. Read more

Tourism towns given a boost

Posted on Tuesday, July 08 2014 at 3:34 PM.

Tourism locations around the country are gaining popularity, as more and more international travellers visit Australia. Read more

Holland Park tops suburb searches

Posted on Tuesday, July 08 2014 at 9:14 AM.

Holland Park has been named as the top Queensland suburb for online searches, according to new data. Read more

Financial year produces property price rises

Posted on Wednesday, July 02 2014 at 4:27 PM.

Australia’s capital city dwelling values ended the 2014 financial year up 10.1 per cent, according to the RP Data Rismark Hedonic Home Value Index. Read more

Interest rates stay on hold

Posted on Tuesday, July 01 2014 at 2:49 PM.

Investors and homeowners can continue to enjoy historically low interest rates for now, with the Reserve Bank of Australia (RBA) leaving the cash rate on hold at 2.5 per cent. Read more

Darwin market steadies

Posted on Monday, June 30 2014 at 10:22 AM.

It’s been a booming year with annual average growth just a tick under 10 per cent, but now Darwin’s real estate market is taking a breather. Read more

Budget release prompts calls for GST reform

Posted on Thursday, June 26 2014 at 9:20 AM.

South Australia’s budget highlights the need to change the GST and bring relief to property holders, according to the Real Estate Institute of South Australia (REISA). Read more

Positive results for Brisbane market

Posted on Wednesday, June 25 2014 at 12:48 PM.

The Brisbane market appears to be rising, with the RP Data-Riskmark Daily Home Index up 5.86 per cent in Brisbane over the past 12 months. Read more

Sydney’s inner west outperforms the market

Posted on Tuesday, June 24 2014 at 9:24 AM.

Sydney’s inner west has had a better start to the year than most other areas in the city, according to a Knight Frank report. Read more

$400m for Parramatta light rail

Posted on Monday, June 23 2014 at 11:19 AM.

Referred to as Sydney’s second CBD, Parramatta will soon see the progression of plans for its light rail system. Read more

More employment on the cards for northwest Queensland

Posted on Thursday, June 19 2014 at 8:46 AM.

Investors and homeowners in northwest Queensland could soon benefit from a bold new plan to bring thousands of people and jobs to the region. Read more

High vacancies benefit tenants

Posted on Wednesday, June 18 2014 at 2:25 PM.

Increased vacancy rates in rental properties throughout Australia are swinging the advantage towards tenants, according to analyst SQM Research. Read more

Threshold for NSW First Home Owners Grant increased

Posted on Tuesday, June 17 2014 at 2:57 PM.

First homebuyers in New South Wales planning to make the most of a $15,000 grant for new property are now able to spend a little extra. Read more

SA First Home Owners Grant ends

Posted on Tuesday, June 17 2014 at 10:26 AM.

The end of June marks the end of an era for South Australia’s First Home Owners Grant of $5000 with it ceasing to exist in its current form. Read more

Australia’s best performing areas

Posted on Monday, June 16 2014 at 1:06 PM.

Properties in Sydney have performed the best of any area around the country over the past few months, according to an RP Data March 2014 Quarterly Pain and Gain report. Read more

Where are properties selling quickest?

Posted on Friday, June 13 2014 at 12:24 PM.

The latest property data shows that Sydney and Perth are recording the shortest days on market. Read more

Australian property prices rise

Posted on Wednesday, June 11 2014 at 1:18 PM.

The nation’s property recorded average capital city median price rises of 1.9 per cent for houses and 1.7 per cent for other dwellings in the March quarter 2014. Read more

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