News

All capital cities registered gains in building approvals, latest market report shows

On the other hand, vacancies remained historically low in regional suburbs in New South Wales

The rent growth in regional areas is outpacing that of capital cities

This likely boom builds on the surge of building approvals over the first three months of the year

This level of activity, however, is not likely to be seen again for many years, expert says

The federal government announced a slew of support schemes for property buyers in the recent budget

The tax hikes will only dampen demand and worsen affordability, group says

Which regional area performed the best over the last 12 months?

The search for an investment property requires a keen eye on the future

The surge in approvals has yet to impact residential construction costs

The five biggest states reported declines in new home sales over the month

The upswing in dwelling approvals is expected to continue over the rest of the year and into the next

Demand from first-home buyers contributes significantly to the local economy, says the state treasurer

The state was able to offset the loss of demand from migration by attracting interstate home seekers

Some rental markets, particularly in smaller capital cities, are struggling with limited supply of rental homes