Strata title reform is vital to the future housing needs of WA, one expert says
Price drops were evident despite a slight resurgence in auction clearance rates over the weekend
City’s economic performance has been closely tied to the property market, research says
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Despite the demand for new housing to accommodate a growing population, the time taken to approve new homes keeps stretching
The new ruling abandoning negative gearing deductions for travel expenses has some local real estate agents worried
Investors will lose $800m worth of tax benefits after changes were announced to negative gearing and depreciation in the Federal Budget last night.
The biggest blow will be the change to foreign buyers’ capital gains made on property and their strategy of holding properties without occupying them
The federal government said its plans would provide more vehicles for superannuation funds to invest in affordable housing
The surge was predominantly driven by an increased investment in the real estate sector, according to a new report from the FIRB
$310m will be allocated for the project, amid some heckling from locals angered about the proposed construction of new apartments
Now is the time for governments to invest in infrastructure, with interest rates at record lows, according to Macquarie Group’s chief executive
Low interest rates and the limited availability of industrial land have helped boost land values, resulting in greater investment yields
The crunch, along with affordability constraints, tighter financial markets, and oversupply of new stock, is likely to cool property price growth
The surge is anticipated due to the construction of the Western Sydney Airport, due for completion in 2026
Over the 2015-2016 financial year, billions in revenue from stamp duty accounted for 41.6% of state governments’ total property tax revenue
Hardly a day goes by without the media running a story about the housing affordability crisis within Australia. What is amazing however is that these stories seem to miss out on what some believe to be the single biggest contributor to soaring house prices – and that is the real estate agent’s commission.
The new measure could see foreign property investors pay fees as high as $5,000 per property
As the gap in rental yields between Australia and China continues to close, our residential real estate is starting to lose its lustre
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I agree. Invest in Parkes!!
Great advice! Love it
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