The proposed changes would increase compliance responsibilities when intensifying, changing, or carrying out development on land in the state
Twenty-one percent of those aged 18 or over said they expect to remain in their parent’s home until they’re at least 30 years old
Last weekend saw the sixth-highest number of auctions so far this year
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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.
First time buyers are expected to be the major players in the property market this year, according to a nationwide poll of mortgage brokers.
Sydney and Perth will be the property market’s standard bearers this year, with investors and first home buyers pushing up each city’s real estate values by up to 5%, it has been claimed.
As property investors take stock of the New Year, the possibility of financial institutions relaxing their lending rules in the year ahead remains unlikely – and there’s a simple reason why.
The New Year has ushered in what looks to be a mixed outcome for housing markets, with some of 2011’s worst performing capital cities set for a recovery just as other markets weaken.
The Reserve Bank decision to cut the cash rate in December has been revealed as a close decision, with the board having to weigh Australia's boom against a European bust.
Australia’s chronic property shortage is set to be one of the key issues underlying the real estate market for years to come, and will drive up the demand for units, says the government’s housing supply advisory.
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