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Property News Update: 1st June 2018

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01/06/2018

What's made the news this week? 

Watch (or listen) as Nicola and Kevin catch up to discuss the stories that grabbed their attention this week.

1. Affordable cities draw migration
Thousands of people are transferring cities as they seek more affordable housing, according to the latest interstate migration figures released by national property market researcher Propertyology... READ MORE

2. ‘Like pulling teeth’: Sydney buyers cautious
Agents in Sydney’s south had their work cut out for them after a hotly tipped auction turned out to be “like pulling teeth” in a long and drawn-out 20 minute affair… READ MORE

3. Foreign investment collapses
OFFICIAL data has confirmed a collapse in approvals for foreign investment in Australia’s housing market, amid waning investor appetite, higher charges and tighter lending standards… READ MORE

4. Short Term Rentals Move Mainstream  
Short-term rental specialists MadeComfy has partnered with traditional real estate agencies Raine & Horne and Belle Property in a move that pushes short term renting even more into the mainstream… READ MORE
 

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