Ninety percent of new units in selected larger projects in Fortitude Valley had resold at a loss over the past two years
It would worsen affordability for West Australian home buyers, owners, and investors
Future retirees will be draining their superannuation to meet steeper mortgage and rental expenses, warns an economist
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Australia’s distressed property listing numbers are on the up, according to new research, with private investors and SMSFs swooping in to capitalise on this trend.
The RBA is being tipped to cut the official cash rate at its next meeting, but speculation is mounting that the major banks may not pass on any rate cut to borrowers in full.
Australian property commentators have lined up to slam predictions made by a US real estate analyst that property prices here are set to dive by as much as 60%.
National house prices have seen their first turnaround since the back end of 2010, but this year will be one of "mixed outcomes", it has been claimed.
A recent housing affordability measure has labelled Sydney house prices as being among the least affordable in the world, ranking the city third in its list of costliest cities.
Melbourne’s median house price rose by just under 2% during the final quarter of 2011, while some of the state's regional house markets made significant gains.
There has been a significant drop in the residential vacancy rates of NSW’s key regional metropolitan centres, according to the latest data from the state’s real estate institute.
The outlook for Australia’s residential construction industry in 2012 remains far from rosy, with a turnaround in fortunes unlikely in the first half of the year.
A new report has revealed that recent homebuyers are more likely to be among those owning houses valued at less than their purchase price, with the nationwide percentage of dwellings in ‘negative equity’ at almost 5%.
Rents have increased across the country as a result of greater competition for rental properties and a soft homebuyers market, according to a recent rental price index.
The results of a worldwide property report have compared capital growth in several of the globe’s key property markets. Australia’s performance may come as a surprise.
Don’t miss this one-day conference that will draw savvy property investors together to hear from leading economists and industry experts on the future of the property market.
Australia’s property market will return to positive territory on the back of last year’s interest rate cuts, it has been predicted.
Japanese resources giant Inpex has made the long-awaited announcement that its $33bn Ichthys gas project will go ahead, fuelling speculation that Darwin’s property market is set to take off.
The $10,000 Queensland Building Boost Grant has been given a three-month extension, it has been announced.
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