National
-
Property market to recoup 2022 downturn by the end of the year
Australia’s property market has almost entirely recovered from the 2022 downturn and will do so by the end of the year, according to Domain.
Read More » -
REIA looks to tackle real estate ethics score head-on
The Real Estate Institute of Australia (REIA) has taken a proactive approach to the industry recently being perceived as the least ethical occupation, teaming up with the Governance Institute of Australia (GIA) to brainstorm ways to change the public’s views.
Read More » -
First-home buyers opting for “memories not mortgages”
First home buyers are increasingly First-home buyers are increasingly opting for “memories not mortgages” as the high cost of getting into the market makes owning a home less appealing to younger generations in the post-Covid world.
Read More » -
Bring the Mediterranean home in landscape design
The allure of the Mediterranean is leaving its imprint on Australian home and garden designs, with influences expected to reign well into 2024, according to landscape design expert Matt Leacy.
Read More » -
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.
Read More » -
Perth and Adelaide tenants battle skyrocketing enquiry rates amid rental crisis
Tenants in Perth and Adelaide are facing increasingly tough rental conditions, with super low vacancy rates sending enquiry levels on properties in many suburbs soaring.
Read More » -
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.
Read More » -
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.
Read More » -
One in 10 young adults forced to move back in with their parents
Increasing numbers of younger Australians are being forced to move back in with their parents as the cost of living bites.
Read More » -
Landlord scores partial win in tussle over burst pipe claim
An Australian landlord is set to recover some of their $15,400 renovation costs following a ruling by the Australian Financial Complaints Authority (AFCA).
Read More » -
November sellers can achieve a premium price
Homeowners who want to sell should consider selling in November, with new data showing that sellers achieve a 0.8 per cent premium compared to the rest of the year
Read More » -
Transparency and efficiency: Why you need to get an inspection report upfront
Transparency is the key to establishing trust in any industry, but it holds particular significance in Australian real estate today.
Read More » -
Borrowers are slashing non-essential spending as rates bite
Rising interest rates are forcing borrowers to cut back, with new research showing that Australians are trimming their non-essential purchases to deal with mortgage stress.
Read More » -
Industrial assets to remain an investor favourite for now
Industrial property has been hot over the past few years, however, as alternative assets continue to gain attention and office and retail bounce back, demand will likely slow down according to an expert.
Read More » -
Top investment locations that renters can afford to live in
Rising rents have been putting the squeeze on tenants while at the same time, boosting yields for investors.
Read More » -
Tight stock levels prop up spring clearance rates
Tight stock levels and rising prices around the country are continuing to help boost auction clearance rates according to experts.
Read More » -
600,000 potential granny flat sites identified to help with housing crisis
More than 650,000 properties are suitable for the construction of granny flats across Australia’s three largest states, according to new research.
Read More » -
Investors can still find affordable options
Despite near-record high property prices across the country, there are still affordable locations for investors, according to a new report.
Read More » -
Sydney and Melbourne’s southeastern suburbs emerge as wise investment choices for 2024
Sydney and Melbourne’s southeastern suburbs are shaping up to be investment hotspots in 2024, courtesy of improved infrastructure, good schools and lifestyle amenities.
Read More » -
New listings up annually but dip in September
Vendors have returned to the market this Spring, with new data from PropTrack showing that new listings are up 4.5 per cent compared to last year.
Read More » -
Building a house ‘one room at a time’
We’ve all heard about building a house one brick at a time, but an innovative new construction approach could see homes built ‘one room at a time’, in a bid to tackle the current housing crisis.
Read More » -
RBA getting on top of inflation as borrowers cut back
The Reserve Bank of Australia’s (RBA) aggressive cash rate hikes are starting to have the desired effect on inflation, with borrowers being forced to dramatically tighten their purse strings.
Read More » -
Pressley’s proposal: Why stamp duty should be swapped for a Medicare-style housing levy
Leading property analyst Simon Pressley has called on stamp duty to be abolished and replaced with a three per cent, Medicare-style housing levy.
Read More » -
Has the bank of Mum and Dad shut its doors?
Despite record-high property prices and surging interest rates, just 1-in-10 first-home buyers are tapping into the bank of Mum and Dad to get into their first property.
Read More » -
Foreign investors offload Australian commercial property
Foreign investors have reduced their exposure to Australian commercial property, as higher interest rates and soft returns for office and retail weigh on sentiment.
Read More » -
Australian households still managing to service their mortgage
Australian mortgage holders remain susceptible to financial stability risks, as higher inflation and rising interest rates continue to put pressure on household budgets.
Read More » -
Vacancy rates plummet to another record low
National vacancy rates have tumbled to yet another record low, with three capital cities recording a vacancy rate under one per cent.
Read More » -
Demand for the Home Guarantee Scheme surges
The number of Australian first-home buyers taking up the Home Guarantee Scheme has surged, as younger Australians battle to get into the housing market.
Read More » -
Investors flee the eastern states for Western Australia
After nearly a decade in the doldrums, property investors are flooding back into Western Australia at the expense of the East Coast.
Read More » -
69 per cent of homeowners won’t cope if interest rates rise again
More than two-thirds of borrowers won’t be able to pay the mortgage if interest rates rise again according to a new survey.
Read More » -
Auction volumes hit the highest level in more than 12 months
Spring selling season is well and truly back in force with new data showing that auction volumes have spiked to the highest level since May 2022.
Read More » -
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.
Read More » -
Owner-occupiers lead the uptick in new lending
New lending is back on the rise after increasing 2.2 per cent in August, however, the overall level of lending remains down on last year.
Read More » -
BresicWhitney helps Vinnies turn art into aid
Boutique Sydney real estate group, BresicWhitney has joined forces with the St Vincent de Paul Society to help the most vulnerable people in the community.
Read More » -
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.
Read More »