Survey of 32 leading Australian economists has tipped the Reserve Bank to cut interest rates this week, but more than one in five remain unconvinced.
The government’s move to ban foreign investors for two years has been labelled a distraction and will make little difference to the housing crisis, given that there were just 5360 residential real estate purchases in 2022/23.
Governments need to review their housing construction regulations to address sluggish productivity if they want to fix housing affordability, a report says.
Tightening rental vacancy rates push rents for Sydney units up to an average of $841. And to an average of $640 in Melbourne, according to analysis by SQM.
Big price increases mean only miners can service mortgages, according to a rural conveyancer who specialised in the first-time buyer market
Home ownership will be easier for Australians with outstanding student debt after financial regulators promised to update their guidance on lending restrictions.
Conveyancers and property lawyers in the 4209 postcode have witnessed a decade-long surge in growth in the south-east Queensland hotspot.
A continued shift of Australians moving to regional towns for lifestyle reasons has boosted property prices at the expense of capital city values.
A state-backed plan aims to create new units essential workers can afford to live in, but officials are yet to reveal how much cheaper the rent will be.
With 30,000 house hunters checking into open homes across Australia on Saturday - including 70 would-be buyers inspecting a renovated home in Canberra - analysts are seeing a marked uptick in market activity.
Get Australian Conveyancer News Alerts pushed to you
All news, articles and insights on the Australian Conveyancer are available free and online. Subscribe to receive these insights direct to your inbox every week. Stay on top of the issues affecting the industry and your business.