Search Results for: western Australia
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INDUSTRY NEWS
Surging immigration sees overseas buyers targeting Australian property
Overseas buyers are increasingly targeting Australian property, with new data showing online searches have surged back above 2019 levels.
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INDUSTRY NEWS
Fleeing the CBD: Australia’s rising rents force tenants to the fringes
Australia’s combined capital city rents have soared a further 10 per cent in the year to September, with tenants forced to look further away from the CBDs to find cost-effective properties.
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NEWS
Can housing keep up with Australia’s forecast population boom?
Australia’s population is set to grow by $7.4 million by 2041, requiring an extra two million homes across four major cities to cater for more than 65 per cent of the forecast population spike.
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INDUSTRY NEWS
Rental costs rise sharply as vacancy rates hit record lows across Australia
The top 25 regions in the nation in Suburbtrends’ Rental Pain Index all scored either 100 or 99, underlying the currency of the rental crisis.
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OPINION
Australia lags behind when it comes to building enough homes
We aren’t quite the worst country in the world for not building enough homes.
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INDUSTRY NEWS
Nationwide housing drought: Australia’s vacancy rates plunge to record low
Australia needs up to 70,000 additional rental properties to create a balanced market, which is a need unlikely to be met anytime soon.
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INDUSTRY NEWS
Foreign investors selling back Australian agricultural land
The price of Australian farmland has surged in the past three years, with strong interest from overseas, but investors are now selling the land back to locals.
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INDUSTRY NEWS
The top 10 holiday homes across Australia
Stayz has announced its 2023 Holiday Homes of the Year with the top three luxury properties located on the Sunshine Coast in Queensland, Berry in New South Wales and Wilyabrup in Western Australia.
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INDUSTRY NEWS
Foreign buyers return to the Australian housing market
Foreign buyers are returning to the Australian market following a drop in numbers in 2022, according to a new property report.
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INDUSTRY NEWS
Australia has taken a ‘light touch’ with Airbnb. Could stronger regulations ease the housing crisis?
The current housing crisis has renewed debates about how to regulate short-term rental platforms such as Airbnb.
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INDUSTRY NEWS
Australia’s top 100 streets for property values revealed
A new report from Suburbtrends has uncovered the top 100 streets in Australia for high-value properties.
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Commercial property in regional Australia to outperform
Commercial property in regional Australia is set to benefit from the changing demographics experienced during Covid with Queensland likely to be the big winner according to a new report.
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INDUSTRY NEWS
Otago named Australia’s most family-friendly suburb
It’s getting easier for homebuyers to get into family-friendly suburbs as more stock comes onto the market according to new research.
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INDUSTRY NEWS
Nerida Conisbee: Australia’s ghost town suburbs
Holiday homes were hot property during the pandemic, fuelled by an inability to travel internationally, high savings rates and very low mortgage rates. This, however, has become a problem and we are seeing a shortage of rental properties as a result. In the most recent Census, there were 1.04 million homes unoccupied, or around 10 per cent of all Australian…
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COMMERCIAL
Luxury retailers expand their Australian presence
Luxury retailers are expanding their bricks and mortar footprint in Australia, with demand for luxury goods well ahead of pre-pandemic levels.
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INDUSTRY NEWS
Affordable suburbs you can invest in now across Australia
Despite the recent boom in property prices across the country, there are still plenty of affordable options in our major capital cities according to an expert.
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INDUSTRY NEWS
Australian property market turns “multi-speed”
The Australian property market has turned “multi-speed”, with different markets growing at different rates according to a new report.
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FRANCHISE NEWS
The Agency Group opens property gallery in Perth’s Western Suburbs
The Agency Group has opened a property gallery that doubles as an art space in the 'Golden Triangle' of Perth's exclusive Western Suburbs.
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INDUSTRY NEWS
Barellan Point is Australia’s top family housing market
Barellan Point in regional Queensland has been named the top housing market for families according to new research.
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INDUSTRY NEWS
Australian home ownership rates lowest on record
The proportion of Australians who own their own home continues to sit at record low levels, new data has revealed.
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COMMERCIAL
Australian office investment set to surge in 2022
Investment in the Australian office market is set to surge this year, according to the latest research from valuer Knight Frank.
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INDUSTRY NEWS
Inside Australia’s home of the year
JW Constructions in Queensland has won the HIA-CSR Australian Home of the Year award for a beautifully designed home that showcases open-plan living at its best.
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INDUSTRY NEWS
Australia’s most affordable housing markets close to the CBD
South Australia and Western Australia have the most affordable suburbs close to their respective CBDs, according to new research.
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INDUSTRY NEWS
Rents to skyrocket by thousands in 59 Australian suburbs
The cost of renting could jump $5000 in 59 suburbs across the country this year, as Australia sits on the cusp of the worst rental crisis in 230 years, according to Propertyology's Simon Pressley.
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NEWS
Simon Pressley: What 2022 has in store for Australian real estate
Adelaide, Brisbane, Hobart and Canberra could produce between 30 and 45 per cent capital growth for detached houses in the next two years, according to a leading property market analyst.
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INDUSTRY NEWS
Australia’s top-selling suburbs revealed
New South Wales is home to almost all of the top-selling suburbs for houses in 2021, according to newly released data. The data, released by PropTrack, identified the top 10 Australian locations where median prices have made the biggest percentage gains this year. Nine of those were in New South Wales, with Diamond Beach topping the list with 84 per…
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INDUSTRY NEWS
Australia’s record-breaking year in real estate
Following an extraordinary 2020, this year has seen Australia’s residential housing market experience unprecedented growth, thanks to continued momentum. Last year’s momentum, combined with monetary and fiscal stimulus measures, has propelled the market, pushing its value to record highs, according to CoreLogic’s annual Best of the Best Report. CoreLogic’s Head of Research Eliza Owen said the estimated value of Australia’s…
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INDUSTRY NEWS
How property aids Australia’s pandemic recovery
Regional property prices grew at a higher rate than Australia’s combined capital cities in 2021, helping underpin the country’s economic recovery from the pandemic, new analysis reveals.
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INDUSTRY NEWS
Australian families spend 36 per cent of their income on their mortgage
Housing affordability continued its decline in the September quarter with hard-hit first-home buyers pulling out of the market, the latest Real Estate Institute of Australia (REIA) analysis shows. The REIA’s Housing Affordability Report found 36.2 per cent of owner-occupiers’ income went to paying their mortgage, which is a 3.9 percentage point rise over the past year. The national median weekly…
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INDUSTRY NEWS
New research reveals Australia’s top family suburbs
New South Wales suburbs have dominated the top five spots in a new list of Australia’s best family housing markets. The research, commission by Well Home Loans, identifies the top 20 suburbs for families, with the NSW suburb of Horningsea Park coming out on top. Doug Vukojcic, property adviser for United Agents Property Group at Carnes Hill said the result…
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INDUSTRY NEWS
Australia’s best place to invest revealed
The Queensland suburb of Woolloongabba has been named the best place to invest in Australia, based on new research by ME. The inner eastern suburb ranked number one in the top 20 list of places to invest for residential property investors looking to forge new financial goals following the COVID-19 pandemic. The Queensland suburb of Burleigh Heads came in second,…
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INDUSTRY NEWS
The 20 housing markets to watch around Australia
Queensland suburbs have taken out the top three spots in the Well Home Loans Green Shoots Report, which identifies the top 20 Australian suburbs likely to experience strong growth in 2022.
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FRANCHISE NEWS
Harcourts Australia appoints Adrian Knowles as chief executive officer
Leading real estate brand Harcourts Group Australia has today announced the internal appointment of a new national CEO in Adrian Knowles.
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COMMERCIAL
‘Lifestyle industrial’ the latest trend in Australian real estate market
The days of industrial precincts being an ‘avoid at all costs’ area for residential property are over with “lifestyle industrial” flagged as the standout new trend in Australia’s real estate market.
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INDUSTRY NEWS
Residential land in high demand across Australia
Vacant land is one of the hottest commodities in residential real estate at the moment with some blocks increasing in value 45 per cent in just five months.
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