Australian Property News

Further property price rises predicted

Posted on Thursday, April 17 2014 at 12:44 PM.

A recent study showing property price growth in the first quarter of 2014 supports predictions of future capital gains, according to National Australia Bank (NAB). Read more

Small housing prices rocket in regional Victoria

Posted on Friday, April 11 2014 at 9:36 AM.

An appetite for smaller accommodation in regional Victoria is fuelling a price boom, according to the Real Estate Institute of Victoria (REIV). Read more

WA rents rise strongest

Posted on Wednesday, April 09 2014 at 8:32 AM.

Rents have risen more in Western Australia than any other state or territory according to recent analysis of 2011 census data by the Australian Bureau of Statistics (ABS). Read more

Real estate leads business confidence upswing.

Posted on Tuesday, April 08 2014 at 9:54 AM.

The real estate and finance industries recorded the strongest gains on Roy Morgan Research’s latest Business Confidence survey for March 2014. Read more

Melbourne set to become Australia’s largest city

Posted on Friday, April 04 2014 at 8:58 AM.

Data released by the Australian Bureau of Statistics (ABS) indicates Melbourne is set to have the largest population of all Australian capitals. Read more

Pools deadline extended for landlords and sellers

Posted on Thursday, April 03 2014 at 1:10 PM.

The New South Wales Government has extended the deadline for new rules that require a property with a swimming pool to have a certificate of compliance before it can be sold or leased. Read more

New infrastructure to reduce flood impacts.

Posted on Wednesday, April 02 2014 at 2:35 PM.

The Queensland Government will consider constructing new dams and increasing Wivenhoe’s capacity in order to reduce the impact of flood events. Read more

Increasing WA listings cool the market

Posted on Wednesday, April 02 2014 at 11:05 AM.

Sale rates are down and rental vacancies are up according to the Real Estate Institute of Western Australia’s (REIWA) preliminary property results for the first quarter of 2014. Read more

Investors account for almost 40% of March mortgages

Posted on Tuesday, April 01 2014 at 2:59 PM.

If there was any question about the resurgence of investors back into the market, latest figures reveal 39.6 per cent of all mortgages processed in March were for investors. Read more

RBA hands down interest rates decision

Posted on Tuesday, April 01 2014 at 2:57 PM.

The property boom in some of our capital cities is likely to continue, thanks to interest rates staying on hold for another month. Read more

Which NSW suburbs top national best-seller list?

Posted on Tuesday, April 01 2014 at 8:59 AM.

While New South Wales can lay claim to Australia’s most in-demand markets, there was a strong showing by most states according to property website, realestate.com.au. Read more

Stamp duty savings helping buyers

Posted on Friday, March 28 2014 at 3:14 PM.

Stamp duty is a significant barrier to people buying and selling a home in the Australian Capital Territory, according to the Real Estate Institute of Australia (REIA). Read more

Men vs women – who wears the financial pants?

Posted on Friday, March 28 2014 at 10:36 AM.

When it comes to controlling the household budget, both men and women think they wear the financial pants. Read more

Capital cities to perform in 2014

Posted on Thursday, March 27 2014 at 11:45 AM.

We all know Sydney had incredible growth in 2013, with house prices increasing by more than 15 per cent to February 2014, according to Onthehouse data (a property research arm of Residex). Read more

Petition demands auction reserves be published

Posted on Tuesday, March 25 2014 at 3:47 PM.

In a bid to stamp out underquoting and dummy bidding for good, Sydney real estate author and buyers’ agent Patrick Bright is challenging the NSW Government to make advertising reserve prices on properties for sale by auction mandatory. Read more

Prime Sydney development site for sale

Posted on Tuesday, March 25 2014 at 3:46 PM.

The New South Wales Government is calling for expressions of interest from developers on a four-hectare parcel of commercial land. Read more

Luxury home sales on the rise

Posted on Monday, March 24 2014 at 4:05 PM.

Demand for prestige property is on the rise in Queensland, with $1 million-plus sales increasing. Read more

Foreign investor fears overstated

Posted on Monday, March 24 2014 at 3:56 PM.

Demonising foreign investors is not the solution to housing affordability, according to the Real Estate Institute of New South Wales (REINSW). Read more

Investors dominate first homebuyers

Posted on Monday, March 24 2014 at 11:24 AM.

An Australian comparison website says investors are riding roughshod over first homeowners in a bid to build their portfolios. Read more

Vacancy rates tighten in February

Posted on Thursday, March 20 2014 at 9:23 AM.

National vacancy rates tightened in February this year, with one capital recording its biggest drop in almost three years, according to SQM Research. Read more

Business confidence on the up

Posted on Thursday, March 20 2014 at 9:14 AM.

Business confidence remains in positive territory and is a good thing for the property industry, according to the latest Avdiev Remuneration Report 2014. Read more

Tasmanian election result to bring steady growth

Posted on Monday, March 17 2014 at 2:48 PM.

The Liberal Party’s victory in Tasmania brings a stable government to the state that will benefit property owners, according to the Real Estate Institute of Tasmania (REIT). Read more

SA market needs an election result

Posted on Monday, March 17 2014 at 1:06 PM.

South Australian real estate needs an election outcome for momentum to continue, according to the Real Estate Institute of South Australia (REISA). Read more

Quarterly results point to more gains in 2014

Posted on Wednesday, March 12 2014 at 12:46 PM.

The release of the Bendigo Bank/REIA Real Estate Market Facts report shows house prices grew by almost six per cent in the December quarter 2013, and the upswing is likely to continue. Read more

Agents confirm what few men will acknowledge

Posted on Tuesday, March 11 2014 at 1:33 PM.

A Which Real Estate Agent survey of 155 real estate agents has revealed what few men will acknowledge… that women call the shots on life’s big decisions! That includes property decisions, such as what homeowners will spend and how high prices will go. Read more

New credit reporting system to benefit prudent investors

Posted on Monday, March 10 2014 at 2:03 PM.

The majority of people should benefit from a new credit reporting system, which takes effect this week, according to Smartline Personal Mortgage Advisers. Read more

Brisbane’s affordability a boom for 2014

Posted on Monday, March 10 2014 at 1:02 PM.

Brisbane housing is up to 60 per cent more affordable than in other capitals, according to one expert on the ground. Read more

How much value does a pool add to your property?

Posted on Thursday, March 06 2014 at 9:54 AM.

Thinking of putting a pool in your backyard in Melbourne? It might seem like a lot of money to pay for a large hole in the ground, but according to buyers’ agency firm, Secret Agent, any mini blue lagoon can increase your home’s value by as much as 30 per cent. Read more

Property unaffordable for first homebuyers

Posted on Wednesday, March 05 2014 at 11:39 AM.

The number of first homebuyers in the December quarter was at its lowest since the Australian Bureau of Statistics started to collect data, according to the Real Estate Institute of Australia (REIA). Read more

Interest rates remain on hold

Posted on Tuesday, March 04 2014 at 1:58 PM.

Investors can continue to enjoy low interest rates, with the Reserve Bank of Australia (RBA) keeping the cash rate on hold at 2.5 per cent for another month. Read more

Are land tax reforms on the way?

Posted on Monday, March 03 2014 at 3:06 PM.

South Australian Liberal Leader Steven Marshall has announced a commitment to change the state’s land tax rules if he’s made Premier. Read more

Stamp duty concessions for pensioners

Posted on Monday, March 03 2014 at 2:05 PM.

Are you a Tasmanian local and thinking of downsizing? Read more

Canberra tops liveability results

Posted on Monday, March 03 2014 at 12:06 PM.

The Property Council of Australia has identified our national capital as the country’s most liveable city in its 2013 My City survey. Read more

Housing industry to improve: HIA

Posted on Friday, February 28 2014 at 2:16 PM.

A gradual and steady improvement across the housing industry is expected to continue through 2014, according to the Summer 2014 edition of the Housing Industry Association’s (HIA) National Outlook. Read more

Popularity of apartments sky high

Posted on Thursday, February 27 2014 at 9:52 AM.

The approval of 2000 apartments in five high-rise Melbourne projects in just one day demonstrates a shift in market preferences, according to Urban Taskforce. Read more

Double population growth to drive the market

Posted on Wednesday, February 26 2014 at 3:25 PM.

One of the country’s most respected demographers says a jump in population growth will drive property market gains. Read more

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