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Home is pretty crowded for Kate and Terrie, their cat, two dogs and Terrie's mum. The rental crisis is forcing some Queenslanders to get creative by renting caravans to keep a roof over their heads. Rental companies say they have waitlists for their caravans, but a council rule change would mak...
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Overseas migration has increased rental demand for homes. With Covid border closures now a distant memory, Australia has just seen its largest annual population growth since June 2020 – and housing markets aren't prepared for the influx. With the rental market already struggling from supp...
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From 30 June 2023, when we calculate land tax, we will use the total value of your Australian land. This includes your taxable land in Queensland and your relevant interstate land. ‘Relevant interstate land’ includes land located in another state or territory that is valued under inte...
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Mr Phipps said the severity of the crisis prompted him to take action. A builder leading a social housing project in the Sunshine Coast hinterland has described the region's accommodation crisis as "scary" and says there needs to be more action on the ground. Greg Phipps has been building modul...
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Changes to the NSW property tax system will give first home buyers the choice between paying an annual property tax or stamp duty. The NSW Government has announced that first home buyers purchasing properties for up to $1.5 million will be able to choose to pay an annual property tax instead of ...
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Condev building sites left quiet after its collapse. A builder insider has revealed that outrageous price gouging is contributing to the instability in the industry as costs blow out by up to $100,000 per job. A building insider, who works for one of the largest construction companies in NSW, h...
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Funding to support eligible homeowners in Queensland severely impacted by the 2021–22 rainfall and flooding events. Queensland homeowners who experienced damage to their residential property as a result of flooding in 2021–22 can now register their interest for the $741 million Resil...
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Property millionaire Eddie Dilleen has 42 homes. A Sydney-based real estate investor who owns 42 homes and has set his sights on acquiring 1000 properties has revealed that he doubts he and other investors have had a marked impact in driving up home prices. Eddie Dilleen has been one of t...
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Port Kembla near Wollongong in New South Wales is one of the areas being mooted for a nuclear submarine base, according to reports. Most regional communities saw property prices rise sharply during the COVID pandemic, as city slickers fled to greener pastures – and some could be set to see...
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Probuild signage on a construction site adjacent to Caulfield Racecourse in Melbourne's southeast. A building insider has revealed the shocking state of the industry with half of construction companies in trouble and a “terrible” impact in store for customers. A stark warning ...
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The federal government will invest in faster rail and road projects in NSW and Queensland in this year's budget. The federal budget will contain $17.9 billion for new and existing road and rail infrastructure projects, boosting the 10-year investment pipeline to more than $120 billion. The expe...
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More construction and health jobs will be created on the Coast after a development application for a new private hospital in Maroochydore was approved. The Maroochydore Private Hospital will be an eight-storey medical and teaching facility with high-end amenities and featuring a rooftop relaxati...
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Prime Minister Scott Morrison, Queensland Premier Annastacia Palaszczuk and Brisbane lord mayor Adrian Schrinner signing the SEQ City Deal at the Gabba. Details of south-east Queensland’s long-awaited City Deal between all three levels of government have finally been agreed, with the...
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Hutchinson Builders chairman Scott Hutchinson: “Margins are near nothing.” The collapse of Queensland mid-tier builder Condev so soon after construction giant Probuild was placed into administration has increased pressure on other companies to hold up the subcontracting sector in an ...
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Condev is reported to have been seeking $25 million from developers to keep the company afloat. Another major Australian construction firm has collapsed with staff told not to come into work as liquidators are appointed. Australian construction firm, Condev will go into liquidation after failin...
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In the Illawarra region, south of Sydney, house prices jumped 31.5 per cent in the 12 months to January, with units up 23 per cent during that period. Property prices in Australia's major regional areas are still surging, raising questions about how long the cycle can last. It's seen the diverg...
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So much goes into a house: And so much of it is rising in price. Costs in home building will rise this year at above-average rates as timber and metal prices keep increasing, posing the risk of delays to projects and adding to inflationary pressures in the wider economy, CoreLogic says. T...
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Renders of the planned Cudgen Connection precinct on the NSW Tweed Coast. Fund management group Centuria Capital has expanded its presence in the fast-growing healthcare and education real estate sector, inking a $250 million partnership with Digital Infratech to develop the Cudgen Connection pr...
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The final figures from the federal government’s HomeBuilder program are in, revealing that 137,621 Australians applied for subsidies to construct a home through the program. Based on these numbers, Master Builders Australia has estimated the program delivered an economic boost of $120.62 b...
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Brisbane had the highest annual housing value growth of all mainland capitals in 2021 New data has found that Brisbane blitzed other capitals ending the year with the highest housing value growth on the mainland, with no sign of a slowdown in 2022 for the entire South East Queensland region. Co...
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Australia’s red hot housing market is showing signs of cooling as prices in Melbourne fall for the first time in 14 months. House price growth in Sydney and Melbourne have slowed for the first time in 14 months. The top end of the market led the downswing through December across t...
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A number of major builders have gone bust in recent months despite a home construction boom. Alongside a house price boom, Australia is in the midst of a homebuilding boom, with the Housing Industry of Australia expecting a near-record number of new homes will be built over the next 12 mon...
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Fencing and signage at a Riverstone Crossing home on the Gold Coast evacuated after a landslip. It was a street of dream homes – now they’re being demolished leaving homeowners angry, out of pocket and pointing fingers. Residents who spent all they had on property in a new build sub...
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Queensland Treasurer Cameron Dick claims the tax closes a loophole. The Queensland government has announced a property tax hike targeting investors from interstate, in a move that’s angered the real estate sector. Treasurer Cameron Dick delivered the state’s mid-year budget up...
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Richmond Valley was highlighted as one of the most unaffordable areas Housing affordability has deteriorated so much in pockets of regional Australia, that some locals would need to devote almost three quarters of their income to mortgage repayments just to get onto the property ladder. Nationa...
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Sunshine Beach, once a sleepy holiday enclave reached by a dirt road, is now just $50,000 shy of Byron Bay’s median sales price. The Queensland suburbs where homeowners have hit the real estate lottery have been revealed, and one is poised to knock celebrity haven, Byron Bay, off its prope...
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An artist's impression of the new medical and teaching facility which includes a surgical hospital. Design plans have been lodged for a $100 million eight-storey “world-class” hospital that will include a high-end restaurant in Maroochydore’s new city center. The private facil...
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A number of major builders have gone bust in recent months despite a home construction boom. Alongside a house price boom, Australia is in the midst of a homebuilding boom, with the Housing Industry of Australia expecting a near-record number of new homes will be built over the next 12 months. ...
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For the better part of two years, the world has been in the grips of a once-in-a-generation crisis. But innovation is born of crises. Covid-19 has left very few parts of daily life untouched, especially when it comes to accelerated structural shifts across the workplace. A shift that played out...
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CoreLogic Cheap access to credit, a newfound popularity of working from home and an affordability advantage has contributed to Australia's 25 largest non-capital city regions achieving a record increase in house values in the past year. CoreLogic's latest Regional Market Update, released today,...
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The Linder family. A Western Sydney family have played the housing market using a mix of clever banking tricks and market forces to acquire more than 50 properties between them. Each of the members of the Linder family aged over 18 own property, with mum Kimberly and dad Jason owning 42 homes a...
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A new planning scheme amendment has given the long-awaited green light to the development of Caboolture West's first new urban community. Mayor Peter Flannery says Moreton Bay Regional Council's adoption of the amendment this week after approval by the State Government has been a decade-long pro...
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The state government will help build a district from scratch north of Brisbane. Vacant land north of Brisbane will be developed into a new district about the size of Bundaberg as part of a planning experiment by the state government. Caboolture West in Moreton Bay has been picked as the pilot s...
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Regional property markets are booming... but it's both good and bad news for locals. The COVID pandemic has had a significant impact on housing markets in regional Australia. It's been well documented that the ability to work remotely has given people more choice in how they live, and many have...
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The Burgess Rawson auction in Melbourne was almost a sell-out as over $100 million of real estate changed hands. Private investor appetite for essential services real estate, especially childcare centres, medical properties, pharmacies and fast food outlets, lifted total sales across three days ...
Read MoreAndrew Forrest and the Queensland premier discuss renewable hydrogen. Green energy company Fortescue Future Industries has revealed it has already received planning approval for what will be the world's biggest factory for green hydrogen electrolysers, despite announcing plans for the Gladstone ...
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One of Queensland's busiest residential builders, Privium Group, has been placed in voluntary administration with debts of more than $28 million. Privium, named 11th biggest builder in Queensland by the HIA this year after completing more than 600 projects worth $180 million, is nearing collapse...
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Local businesses will benefit from a range of supply chain opportunities following an announcement that Boeing Australia will establish an uncrewed-aircraft production facility in the western corridor. Boeing will construct the facility at the Wellcamp Aerospace and Defence Precinct to produce a...
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Moreton Bay Regional Council yesterday adopted a new planning scheme amendment giving the long-awaited green light to the development of Caboolture West's first new urban community. Mayor Peter Flannery said this major milestone has been a decade-long process with the planning foundations now in...
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Despite the RBA cash rate sitting at a record low 0.1 per cent, in the past year the 'Time to buy a dwelling index' has plummeted. For more than half a century the 'Great Australian Dream' has been owning a home on a quarter acre block and pretty much the entire list of features included in the ...
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Phone pic of agent to younger high end Queensland buyers and sellers Michael Bacon with fashionista Thessy Batsinilas and her husband Georgio. Young, rich Queenslanders from music celebs, to tech whizzes, sports stars and 'influencers' are working their mortgages almost as hard as their social m...
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The first Skyportz is planned for the Australian Advanced Manufacturing Centre of Excellence at Petrie, Moreton Bay, in Brisbane's north.. A humble Queensland suburb is set to go down in history as Australia's first sky taxi base, in a futuristic move designed to slash commute times ahead of the...
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Real estate agent Chelsea Stevens says she's having 20 to 30 groups through an open home. Chelsea Stevens has 100 buyers ready to find their next home, but there are no houses for them to buy. Key points: Real estate agent Chelsea Stevens says properties are selling in less than a day,...
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Fortescue Future Industries founder Dr Andrew Forrest and Queensland Premier Annastacia Palaszczuk announcing the project in Gladstone. Fortescue Future Industries (FFI) will build the world's largest green energy hydrogen manufacturing facility in Central Queensland, mining billionaire and comp...
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You could build on one of these blocks. It's no secret that getting into the property market is incredibly hard with skyrocketing prices, but one region is offering hope for young Aussies. A Queensland town is helping Aussies with their home ownership dreams by giving away free blocks of lands ...
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The Loyal Wingman has been developed in Australia and is expected to be produced near Toowoomba. Boeing has announced it plans to build an unmanned military aircraft manufacturing facility near Toowoomba that could create more than 300 jobs across regional Queensland. Key points: Boeing's un...
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Property taxes are slashing listings and hurting affordability, a new report claims. Australian stamp duty costs are "completely out of control" as 'bracket creep' is slashing the number of homes for sale and fuelling affordability issues, property experts claim. A new report by the Real Estate...
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The average new mortgage to buy an established house in WA has soared by almost $50,000 in two years amid a nationwide glut of home lending. The rapid increase has raised fears our obsession with pumping money into real estate may hurt Australia's long-term living standards. As Perth's median h...
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The Beach Hotel in Byron Bay, an area which has seen the biggest rise in prices out of any other area in Australia. New data reveals you'd need to be making an extra $20,000 a month or more to break into the market for a 20 per cent house deposit in these suburbs. Property prices have risen as ...
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The Sydneysider purchased his first place at age 19 while at university and now has eight properties, including one worth $1.9 million. Alex Veljancevski purchased his first home at just age 19 and has gone on to build a property portfolio worth $5.2 million,which recently allowed him to buy his...
Read MoreThe average new mortgage to buy an established house in NSW has soared by more than $200,000 in two years amid a nationwide glut of home lending, raising fears our obsession with pumping money into real estate may hurt Australia's long-term living standards. As Sydney's median house price climbs...
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The coronavirus outbreak and continued lockdowns and restrictions have done little to dampen Australia's property market. Recent Domain data shows that property prices have reached record highs across all capital cities as the perfect storm for Australia's property market continues to roll out. ...
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Developer fees are adding up to $85,000 to new house prices, with doubts they are going into essential local infrastructure. Developers are paying up to $85,000 for every housing block they put on the market, with research showing the fees are driving up property prices and in some cases aren't ...
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Palm Beach has become a hotspot for interstate developers. A raft of Sydney and Melbourne developers are snatching up landholdings along the Gold Coast's middle and southern beaches, as demand for high-end apartments in the region grows. With 12,000 Victorians and 18,000 Sydney-siders last year...
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Homes in the Stockland Riverstone Crossing development in the Gold Coast are fenced off after what residents say was a completely preventable landslip. Families have labelled a developer "big fat liars" after newly built homes began splitting in half and sliding towards their neighbours. Reside...
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CoreLogic's national measure of residential construction costs show an increase of 1.4% in the three months to June 2021, outpacing the Consumer Price Index of 0.8% for the same period. The latest Cordell Housing Index Price (CHIP) results show an annual growth rate of 3.9% and the largest quart...
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Traditionally, the holy grail of property investing has always been land. Today, because of the pandemic, the lure of owning your own piece of dirt has never been stronger - or the returns higher, compared with townhouses and apartments. "Tastes shifted over the past few years into investing in...
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Since the start of the pandemic, a net 24,500 people have left Sydney for other parts of NSW. In total, almost 40,000 have moved out of Sydney since the pandemic started, with more than 10 per cent making the move to Brisbane.. But there are signs of change. In the first three months of this yea...
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Investor activity across Australia has soared in recent months, with the highest amount borrowed to buy investment properties since mid-2015, however, John McGrath founder and executive director of McGrath Estate Agents cautions investors not to overextend for fear of missing out. Investor activ...
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High density areas such as the Parramatta region in Western Sydney have more vacancies. How long can low interest rates last? Lockdowns, border closures and a depleted pool of international students have been bleeding landlords dry in parts of Sydney and Melbourne. With vacancies elevated and ...
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'Shoreline' at Southern Redland Bay, 43km south-east of Brisbane, will see 3000 homes housing more than 10,000 people The new development will offer 3000 new homes for up to 10,000 people 'Shoreline' will cover 243 hectares at Southern Redland Bay south of Brisbane It follows the announcement ...
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Alex Fitzgerald purchased her first investment property when she was 21 and is inspiring other young people to get into the market. Alex Fitzgerald bought her first house and land package at the age of 21. The 28-year-old purchased her fourth investment property in September 2020. Building a...
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CoreLogic has released its Quarterly Regional Report, which revealed the annual growth rate of combined regional dwelling values (13%) was more than twice that of the capital cities (6.4%) in the 12 months to April. Remarkably, rent values across the combined regional markets have outpaced capit...
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Australia's regional housing market has far outpaced value growth across Australia's capital cities in the last 12 months, rising 13.0% compared with a 6.4% gain in capital city values. CoreLogic's quarterly Regional Market Update, which looks at capital growth over the 12 months to April 2021 i...
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More than meets the eye: New home sales fell in April, but from extreme highs. New home sales halved nationally in April, a month after the deadline ended for prospective buyers to benefit from the federal government's HomeBuilder stimulus, industry figures showed on Thursday. Total new sales d...
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Ian Kingsford-Smith and Berni Joseph in front of their new apartment, near Parramatta in western Sydney. Despite house prices rising at their fastest pace in 32 years, apartments in Australia's most oversupplied cities aren't getting as much love from buyers. In some areas, unit prices have tum...
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There has been a shift in housing preferences in Australia post-COVID-19. Miraculous. That's how Commonwealth Bank's boss described Australia's economic recovery last week. But it was a strange word to choose. "Miraculous" can suggest a miracle has occurred, which implies the hand of God has b...
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Australia's building sector is bearing the brunt of a "perfect storm" of events, with near-record new home approvals putting intense pressure on supply chains and sparking construction delays. December 2020 has seen 13,527 new homes approved, the Housing Industry Australia (HIA) said, which is a...
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Home sales are expected to spike in the next two weeks as first home buyers seek to get their purchases over the line before the HomeBuilder scheme ends. This comes at a time when Sydney property prices have finally cracked their peak levels from 2017 and in which house prices, home loans and...
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Metricon Queensland general manager Luke Fryer, with developer Keith Johnson (right), says they are committed to fixed-price contracts and they absorb the price rises. Budding property owners are being urged to lock in the price of new builds with costs set to rise dramatically because the succe...
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Historically, investor demand for housing has been very much focused on inner-city areas of major capital cities and popular holiday destinations, such as Queensland’s Gold Coast and Sunshine Coast. But the repercussions of COVID-19 and closed international borders have forced some dramati...
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House prices are back around the record levels set in 2017, but apartments are not performing as well. A 0.9 per cent rise in house prices last month has taken Australian housing values to a record high. exceeding the peak reached in 2017. Key points: Home prices are 0.7 per cent above their p...
Read MoreAfter the domination of first home buyers in the 2020 property market, investors are expected to make their market comeback this year. Following the introduction of the federal government's First Home Loan Deposit Scheme, the pandemic further accelerated first home buyer activity across property...
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The coronavirus pandemic has brought about many unexpected changes to the property market, including soaring demand for regional properties and larger homes. But perhaps even more unforeseen is a strong trend towards 'off-grid' living. New figures have revealed a significant increase in th...
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In the year to January, CoreLogic estimates that there were 459,308 properties transacted across Australia. Most of these sales were houses, rather than units. It is not unusual for house sales to make up the majority of transactions, with houses making up an average 70.2% of annual sales volume...
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Australian house prices hit record highs along the east coast, marking the steepest increase in four years and rounding out a year of unprecedented events and price predictions. The median house value now sits at $852,940, up 4. 1 per cent over the quarter and 5.8 per cent in the year according ...
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The Queensland government has launched a parcel of development-ready land within the 200-hectare Gold Coast Health and Knowledge Precinct at Southport. Development of the 9.5 hectares, marketed as "Lumina", will be a commercial cluster based within the Gold Coast Health and Knowledge Precinct, t...
Read MoreREA Group Chief Economist Nerida Conisbee says Australia's property market has been "far stronger than expected," this year considering the COVID-19 pandemic. "When the first lockdown hit in March, I certainly don't think anyone though that there would be pretty much no price decline in most of ...
Read MoreAfter a crazy year, record-low borrowing costs and government efforts to stimulate the economy have set Australian housing prices up for further growth in 2021 - after every city bar Melbourne closed the year in positive territory, having already made up their losses triggered by the pandemic. A...
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A shortage of rental accommodation, multiple applications per property and rising rents are proof that Australia's rental market is undersupplied, with predictions the country could soon see the "biggest rent increases in living memory". Propertyology head of research Simon Pressley said the pro...
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As the famed coastal hotspot is overrun with new interest--and sky-high prices--wealthy buyers are looking elsewhere BY MICHELLE SINGER As Australia's wealthy descend upon the coastal lifestyle hotspot of Byron Bay, helping house prices rise to record levels, the hunt is on to uncover the count...
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With first-home buyers and upgraders dominating the market, the quiet pick up in investor activity is going largely unnoticed. The most recent home lending data from the Australian Bureau of Statistics (ABS) found that in September 2020 there was $5.3 billion in new lending to investors. While t...
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Property price caps have been lifted and the amount of time given to start construction extended. A Federal Government program offering cash grants for housing construction projects has been extended, but at a lower amount. The HomeBuilder scheme currently provides $25,000 grants to eligible pe...
Read MoreHouses are rising in price again in most capital cities and although the rental market remains weak there are some surprising increases in value. REA Group Chief Economist Nerida Conisbee told Sky News 80 per cent of suburbs across Australia have seen prices soar. "Sydney is stand out the most ...
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"The full impact of HomeBuilder is now evident in the HIA's New Home Sales Report with sales now 11.8 per cent higher in the seven months since restrictions came into effect than at the same time last year," commented HIA Chief Economist, Tim Reardon. The HIA New Home Sales report - a monthly su...
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The Reserve Bank says with interest rates to remain lower for longer, all levels of government can borrow for job-creating projects. The Reserve Bank could push interest rates closer to zero to help the economy out of the coronavirus recession as it presses all levels of government to use their ...
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28-year-old real estate “whizzkid” Eddie Dilleen who has been buying up a storm across Brisbane when the rest of the country was in COVID-19 lockdown. Pictured at one of his properties in Greenacre, Sydney. A 28-year-old ‘whizzkid’ bought almost one property a month whil...
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Westpac is the latest bank to upgrade its short-term home price targets, citing record low interest rates, ongoing regulator support and a steadying economy for its more positive outlook. The bank says residential property prices are now expected to experience a 5 per cent correction through to ...
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Westpac has updated its property forecasts, expecting a serious boom in the coming years. The bank’s economists expect prices to fall nationwide by just 2.3% more to June before booming to 2023. Fuelled by low-interest rates and record economic support, chief economist Bill Evans and Ma...
Read MoreAn Aussie teenager who started planning and saving for her dream from the age of 11 saved up a $30,000 deposit and hopes to move in to her new home by Christmas. Maddie Pickering, 19, who has worked and saved through her school years, finished her senior matriculation certificate a year before h...
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The shift in interest to the regions is one of the more fascinating (and positive) trends to come out of COVID-19 – and the high level of interest in regional Australia is now flowing through to short-term pricing growth. Looking at the Local Government Areas that are seeing the strongest ...
Read MoreResidential vacancies in outer suburbs and regional areas fell sharply in July, while CBD apartments sat empty as professionals who could work remotely abandoned their city flats in favour of larger homes to escape the spreading virus. The SQM Research July vacancy rate report showed a slight dr...
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The Australian property market has taken a battering amid the COVID-19 pandemic with prices falling or stagnant in most cities, but white-collar workers, doctors and busy tradespeople have still been snapping up homes, agents said. Although the Australian economy fell into a recession in the Jun...
Read MoreA buyer’s agent with a $12m portfolio of properties, many purchased during the global financial crisis and other downturns, has revealed how to capitalise on the current environment. Investor Lloyd Edge has bought mutiple homes during downturns. Buying property in the middle of a recess...
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Queensland’s border may be closed to NSW, Victoria and ACT but that’s proving no obstacle for property hunters from the southern states, with reports of a surge in buyers snapping up homes sight unseen. Andrew Bell, chief executive of Ray White Surfers Paradise, said since the s...
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Connectivity is key to transforming the Ripley region over the next decade, with Ripley Town Centre at the heart of a 25-kilometre public transport corridor from Ipswich Central to Springfield Central, providing residents with affordable access to surrounding communities and ensuring new cities a...
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Plans are picking up steam to connect the Gold Coast light rail to the airport and create a pedestrian “ocean-way” along Palm Beach. Council and the state government are embarking on the $7 million joint venture to create a business case for the rail project aimed to boost the local ...
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If first-time home buyers manage to navigate their way through all the options, conditions and qualifications for assistance with buying their first home, then they’ve earnt every cent. In some states you have to buy a brand-new home, in others it can be newly renovated or less than five y...
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Millennials are leading Australia’s house hunting charge as real estate agents across the capitals report a surge in first-home buyers looking to make lemonade from COVID-19 lemons. While investors steer clear of the market and mature property owners resist the urge to sell for fear of a d...
Read MoreConstruction on Queensland's biggest infrastructure project, the $5.4 billion Cross River Rail is quickly taking shape. When realised, the Queensland government-led project will comprise a 10.2 kilometre rail line which will run from Dutton Park in Brisbane's southern suburbs to Bowen Hills in t...
Read MoreBrisbane is officially under construction. Everywhere you look, there is a major construction site underway. A city of 2.5 million, a region of 3.6 million, the city is undergoing monumental change, with 2020 welcoming the start of many new major projects about to come online. The video above co...
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Isolation has put property at the front of people’s minds with developers reporting a rising rate of new home inquiries. Home buyers are making virtual inspections of new homes and visiting property websites in increased numbers, despite the limitations imposed by coronavirus, according to...
Read MoreAlthough the South East Queensland property market will have improved capital growth in 2020, investors should steer well clear of new inner-Brisbane apartments, a leading research house says. Riskwise Property Research expects prices across Brisbane, the Gold Coast and Sunshine Coast ...
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Two sparkly new office towers, a variety of restaurants and shops, a green open space, and enhanced riverbank facilities are on the cards for a $2.1 billion Brisbane waterfront master plan. Announced this morning by the Queensland Government the development will be helmed by property group Dexus...
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A collection of 32 prominent business and sports personalities have urged premier Annastacia Palaszczuk to commit to south-east Queensland's bid for the 2032 Olympics, which is due by the end of the month. The state government previously unveiled soft infrastructure plans and confirmed t...
Read MoreProperty developer Ralan Group's collapse has left thousands of investors facing financial ruin PHOTO: Former Ralan salesman Stanley Xie. (ABC News: Jerry Rickard) Stanley Xie feels angry and frustrated. Most of all, he feels a sense of guilt. “Because of me, they lost their ...
Read MoreBrisbane is on the cusp of a mini boom with house prices set to “accelerate” over the next three years. Houses and apartment buildings are seen in the Brisbane suburbs of Paddington. BRISBANE is on the cusp of a mini-boom with house prices set to “accelerate” o...
Read MoreMore Happy Clients have found their perfect investment with Koala Invest's assistance Koala Invest has helped another of its clients in finding the first perfect investment property. Our client was searching for a good investment property with higher rental yields. We presented a range of ...
Read MoreInvestment activity in the Gold Coast office market was subdued in 2018 with few assets on offer, although Knight Frank expects the tide to change this year with around $90 million in assets hitting the market in 2019's first quarter. Investment activity in the Gold Coast office market was sub...
Read MoreThe former home of the Terranora Lakes Country Club owned by hospitality heavyweights Godfrey and Jenny Mantle has come to market with project approval for more than 1600 residential lots. Spanning a significant 184-hectares of land in northern New South Wales, and located seven-kilometres fro...
Read MoreBrisbane’s apartment market has been steadily declining since 2016, but as supply and demand rebalance, inner Brisbane’s apartment market is expected to stabilise this year and into 2020. Brisbane’s apartment market has been steadily declining since 2016, but as supply and de...
Read MoreThe Sunshine Coast will open up to more airborne visitors as a result of the construction of a new airport runway, generating demand for more tourism accommodation and services. The Sunshine Coast will open up to more airborne visitors as a result of the construction of a new airport runway, g...
Read MoreBrisbane is like a car where the engine is revving but it can’t move forward because the handbrake is on. The city’s property market is poised for an up-cycle but, according to the generalised price data published in mainstream media, it’s not yet happening. Brisbane is lik...
Read MoreBrisbane has just earned the title of Australia’s top capital for price growth in the luxury residential market for the first time. Brisbane has just earned the title of Australia’s top capital for price growth in the luxury residential market for the first time. The city surpasse...
Read MoreWhy do we believe we’ll see increasing investor interest in this market? Strong population growth, a diversified and growing economy, and substantial investment in infrastructure should combine to boost demand. Why do we believe we’ll see increasing investor interest in this mark...
Read MoreThere was very little directly related to housing in this year’s Federal Budget, however regional Australia is the clear winner. There was very little directly related to housing in this year’s Federal Budget, however regional Australia is the clear winner. More sp...
Read MoreMigration data which was recently released by the ABS showed that as of June 2018, an estimated 17,650,130 residents of Australia were born in Australia. Migration data which was recently released by the ABS showed that as of June 2018, an estimated 17,650,130 residents of Australia were bor...
Read MoreThe first CoreLogic Quarterly Rental Review for 2019, which tracks median rents and rental yields across Australia, shows that national weekly rents have risen by 1 per cent during the first three months of the year. “This seasonally strong first quarter has delivered the highest incre...
Read MoreAs part of its housing affordability plans, the federal opposition has announced its plans to incentivise property investors should it come into power next year. On 16 December, Bill Shorten announced a $6.6 billion plan to address housing affordability, which directly involves incentives. ...
Read MoreThe volume of housing stock listed for sale is currently higher, for this time of year, than it has been in many years. While total stock is elevated, newly listed stock remains at fairly similar levels to recent years which suggests that it isn’t a dumping of stock onto the market which ...
Read MoreThe drive behind building more environmentally friendly residential homes is coming from individuals, not government bodies, and cookie-cutter developments are holding us back, according to a think tank assembled to address the issue of implementing sustainable design. The chair of the discuss...
Read MoreAustralian home prices fell for a 13th consecutive month in October, driven by continued falls in Sydney and Melbourne, the largest and most expensive capital city markets. CoreLogic’s Home Value Index slid 0.5% — the same decline reported in September — leaving the decline o...
Read MoreThe latest CoreLogic home value index results show the slowdown in the national market has become more broadly based with regional dwelling value growth continuing to slow. In this week’s Pulse we look at how values have changed over the past 12 months outside of the capital cities. Over...
Read MoreBRISBANE is on the brink of something big. Very big. A generational investment in infrastructure will transform Queensland’s capital over the coming decade. A host of major projects are underway or at an advanced stage of planning, which not only will help drive the state’s ec...
Read MoreWhile one expert has labelled this state as “disappointing” with a lack of high returns, he did say it makes up for it inconsistent returns. Not all areas can be high performing for property investors – there have to be some underperformers. According to Simon Pre...
Read MoreAussie recently released there 25 Years of Housing Trends report. This report showcases: Strong housing market conditions have boosted household wealth over the past quarter of a century. The average mortgage size has increased at roughly the same pace as housing values. With mortgage rate...
Read MoreOnly one capital city’s median rental price for houses increased over the June quarter according to the latest Domain Rental Report out today. The national median rental price for houses remained steady at $437 over the three months to June, while the median unit rental price f...
Read MoreBrisbane’s office market is starting to feel the positive effects of an economic turnaround coupled with a flurry of investment activity, with more than $2 billion worth transactions taking place in the city’s office markets last financial year. Savills office research recorded $1....
Read MoreDespite recent house price weakness, Australia’s property boom – which saw house prices in some areas of Sydney soar almost 90 per cent from 2010 – created windfall gains for some property owners. Property researcher Corelogic has revealed the top growth suburbs ov...
Read MoreThe disparate state of Australia’s property market has been laid bare in a new report, with prices in some markets falling by 7.4%, while others are booming, with price growth of just over than 16% year-on-year. The latest realestate.com.au Property Outlook Report, released today, s...
Read MoreBRISBANE is back among Australia’s fastest-growing cities thanks to a growth spurt, but more people are flocking to areas outside the state’s capital. New figures from the Australian Bureau of Statistics show the city’s population grew by 48,000 in the year to June 2017 to hi...
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