Buyers in Australia are more confident about buying a house or apartment now than they were six months ago, according to the latest CBA/Mortgage and Finance Association of Australia Home Finance Index....
Sentiment in the building industry is on the up and expected to be more positive over the next 12 months, according to The Citi Australian Residential Housing Survey – May 2012.
Property investors worry unduly about the utterances of resources companies.
They get the decision jitters whenever miners spit their dummies at any circumstance that suggests they might not get...
ACT had the biggest percentage increase of stock on market in Australia in the past year, according to RP Data, closely followed by Victoria. The number of properties for sale increased 37%, from...
Australia’s National Housing Supply Council estimates up to 20,000 new affordable dwellings per year are required over the next 10 years to retain a healthy affordable housing, share and housing bonds for investors could be the solution to fund them, according to a report by the Australian Housing...
Property experts Terry Ryder of hotspotting.com.au and South Australian TAFE property adviser Peter Koulizos have shrugged off suggestions the Olympic Dam mine expansion won’t go ahead.
Zero land tax and downsizing incentives to free up land lots with development potential were the golden nuggets revealed for property investors in the recently handed down Northern Territory 2012-13 Budget, according to Darwin-based buyers agent Tod Peterson of Peterson’s Property Search....
The German conglomerate, Siemens, one of the world’s largest engineering and electronics companies, has signed an MOU with the State Government of South Australia to be part of Tonsley Park.
Australia is at risk of alienating foreign property investors after the Federal Government announced plans to double taxes on investment trusts, one group has warned.
International investors can now access a comprehensive register of Australia’s major public-private infrastructure projects with the release of the National Infrastructure Construction Schedule (NICS) this month.
The top four most expensive home sales this week were all over the $4 million mark, according to RP Data.
Views were no doubt a factor for the buyer of number-one property 76/3 Macquarie Street in...
Today I want to try and add a new chapter to our understanding of Australia’s $4 trillion housing market. This is a story about massive divergence followed by convergence in state-wide housing costs....
Australia continues to be a top destination for foreign direct investment (FDI), with total FDI stock growing 6.6 per cent to reach a record A$507 billion in 2011. This growth reflects the upturn in global FDI activity since 2010 and Australia’s strong competitive position in the global economy....
Investors from Hong Kong, Singapore, Malaysia and China are turning to the Australian commercial property market in search of higher rental returns, according to CommercialAsia.com.
Some signs of life returned to the mortgage market in March, with owner-occupier mortgage commitments rising 0.3% on a seasonally adjusted basis over the month, according to the latest ABS...
Two Northern Territory mahogany plantation farms – among the last remaining operational assets of the failed Great Southern Group – have been put up for sale by administrators.
Ferrier Hodgson has...
Vendor discounting levels for houses in some cities have increased over the year but there have been slight reprieves for sellers in recent months, according to a new report by RP Data.
Across...
Amid the mass of statistics describing city property this year, there is this underlying message: recovery.
Data from three key sources shows the decline in values in the eight state and territory...
Since API profiled Rockhampton in its April issue this year as the next place to watch, the city’s residential property market has started sizzling with buyer numbers at open home inspections tripling and tenant competition firing up for rentals, according to Prime Properties Rockhampton principal...
Vendors no longer have to offer as deep discounts as last year to secure sales of their properties, new data released by Australian Property Monitors reveals.
The amount of discounting required...
Property is taking longer to sell in all capitals than it was a year ago, data released by Australian Property Monitors, although Canberra is showing signs of speedier sales over the past few...
Interest rates plummet! Rates slashed! Well, this assumes that most of the official cut is passed on. A 0.5-percentage-point cut in the cash rate really indicates two things – the...
Led by apartments and renovations, Australian residential building approvals rose 7.4% in March according to the Australian Bureau of Statistics.
Economists' forecasts had centred on a 3.1% rise in...