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Property
Young Australians told not to fret lower super balances
The median super balance for Australians aged 65-69 is $208,143, below recommended benchmarks to live comfortably in retirement.
Market
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Property
‘Scorched earth’: public housing demo plan picked apart
Legal minds, engineers and residents have renewed their fight to tear down plans to demolish and rebuild a city’s entire stock of public housing towers.
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Property
Real estate investment still in a ‘strong position’
Australian real estate remains attractive for Asia-Pacific investors driven by strong population growth and geopolitical stability, the property industry’s peak body said.
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Property
Outer city suburbs among newest million-dollar markets
One in three property markets across Australia now boast a median value of $1 million plus, a new record high. Here are some of the new entrants across the country.
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Property
Regional NSW housing demand surges amid city supply shortage
New research from buyer’s agency InvestorKit shows housing demand has surged in some regions of NSW suffering a lack of established and incoming supply.
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Property
‘Wild’ $2m forecast for nation’s priciest house market
It’s a great time to own a home but a tough time to buy one, with values rising fast in the regions and every capital.
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Property
‘Reinvention’ key to success amid rapidly changing industry: REISA
The chair of REISA has told the AICSA annual conference that practitioners must focus on reinvention to succeed over the next decade amid industry upheaval.
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Property
Rental changes end ‘impossible choice’ for DV survivors
Improved rental protections for survivors of domestic violence will offer them a safer pathway out of abuse.
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Property
Million buck benchmark loses sparkle in house value run
One in every three property markets in Australia have a median value of $1m after fresh gains across the country, led by Queensland.
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Property
More than 16,100 low-rise pattern designs sold in NSW: Minister
The NSW government says its pattern book of low-rise house designs is “flying off the shelf” with more than 16,100 sold since the scheme was launched this year.
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Property
Tough investment climate cools Melbourne property market: analysts
State government tax reforms are likely suppressing property price growth in Australia’s second largest city, toughening conditions for investors, according to Cotality.
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Property
Affluent suburbs on YIMBY hit list in development tussle
A leading campaigner for the so-called YIMBY (Yes, In My Backyard) movement says it has affluent inner-city suburbs at the top of its pro-housing agenda for Australia.
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Property
‘Alarming scenario’ for tenants as rental stress escalates in Sydney
Rental stress in Australia’s biggest city has hit record levels, with the average tenant now spending more than 30 per cent of income on rent, the real estate industry’s peak body said.
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Property
Rates cut back in the works as jobless figure spikes
An interest rate cut is back in the running on Melbourne Cup Day as surprising unemployment figures offer borrowers hope of a home-loan victory.
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Property
‘Alarming scenario’ for tenants as rental stress escalates in Sydney
Rental stress in Australia’s biggest city has hit record levels, with the average tenant now spending more than 30 per cent of income on rent, the real estate industry’s peak body said.
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Property
Renewed rate-cut hopes fuel Australian shares record
A lift in expectations of an interest rate cut have provided a springboard to send Australian equities to new highs, after weeks of consolidation.
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Property
Australian capitals gear up for busiest auction weekend since June
Australia is set to see a bumper weekend of auctions this weekend, with Melbourne expected to witness more than 1,100 home go under the hammer.
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Property
Shock unemployment rise defies ‘tight’ jobs market
Australia’s jobless rate has soared to 4.5 per cent, the highest level since 2021, defying predictions from economists.
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Property
Overseas arrivals to Australia heaping pressure on Australia’s housing market
Official data showed a surge in overseas entrants to Australia in August, which a think tank says is exacerbating pressure in the country’s housing market.
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Property
Australia’s big home build target already falling short
Construction is behind schedule by tens of thousands of homes, fresh figures reveal, after the first full year of a Federal Government housing goal.
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Property
Melbourne leads strong auction clearance rates in Australian capitals
Melbourne last week beat Sydney on auction clearance rates, which have surged to their highest levels in three weeks across the nation’s capitals.