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Property
It’s top of the ‘Field
It is easy to see why Morayfield – the suburb 45 kilometres north of Brisbane – has been named in one of Australia’s top 100 to watch.
Market
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Property
Werribee is back
Werribee has circled back to the top of the table of hottest suburbs in Victorian as homeowners flock to the growing enclave
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Property
Welcome to boomtown
A quarter of all sales across NSW’s top 20 postcodes were in Marsden Park, highlighting its ongoing dominance – standing at the top of the leaderboard for the past three months.
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Property
Inflation pressure keeps heat on housing crisis
Tackling the housing crisis could keep inflation higher for longer, judging by remarks made by Michele Bullock and her RBA colleagues at the latest parliamentary economics committee hearing.
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Property
Our practitioners deserve more reward for their effort
Conveyancers do arguably the most work and carry the most risk but get paid the least – even less than property stylists who get a multiple of what the conveyancer earns. Conveyancers in NSW need to be properly remunerated for the vital role they play in property negotiations, says industry leader Chris Tyler.
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Property
Tasmania’s property bump keeps conveyancers on their toes
Busy conveyancers on the Apple Isle have been handling a housing bonanza while handling added compliance and upskilling to deal with e-conveyancing.
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Property
Boom time in South Australia tests limits
SA’s conveyancers are stretched to capacity with predictions of not enough practitioners to carry the added load of extra housing needs.
Property
More agents needed to serve in ‘crazy hot’ Western Australia
Booming WA’s 697 licensed settlement agents – working in 350 businesses – completed 90,354 transactions in the past financial year as the state continues to see a housing growth spurt. Risks from cyber, fraud and government compliance are adding to their workload.
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Property
Slowing market and added responsibility hits the Top End
A mixture of limited supply, higher build costs and greater compliance burden for the close knit NT conveyancing community has been compounded by a small influx of interstate carpetbaggers looking to get into the Top End market.
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Property
Sydney tops international chart for luxury rentals
While Sydney has beaten 15 cities to the top of an international chart for luxury rents, even the well-heeled are starting to feel the cost-of-living pinch, Knight Frank researchers admit.
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Property
Hand-me-down-housing can help renters
Building new market-rate homes improves affordability by lowering rents on most existing homes, according to new research
Property
No spring in the step for home auction market yet
Auctions scheduled for the next fortnight stands above 4,400 but analysts are cautious about the usually buoyant spring market.
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Property
Australia’s biggest building groups bullish on outlook
TWO of Australia’s biggest building groups – Metricon and NEX – are bullish about the outlook for the home construction market and have declared they need a bigger pipeline of development plots.
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Property
Regional migration on the rise
Regional Movers Index data shows 27 per cent more people moved from cities to regions than in the opposite direction during the June 2024 quarter.
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Property
Beach cabins turned into affordable housing in Queensland
Eighty-five beach cabins are being turned into social housing as part of the Queensland government’s plans to provide thousands more affordable homes across the state.
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Property
Inflation for longer ‘much worse’ than elevated rates
Reserve Bank governor Michele Bullock told a parliamentary hearing that inflation won’t return to its 2 to 3 per cent target until 2026 – a year later than the RBA predicted back in May.
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Property
Overseas tradies $10k sweetener extended for a year
A $10,000 sweetener to lure overseas tradies to WA is being extended for 12 months after 1,100 signed up to the initiative to bolster its under-manned construction workforce.
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Property
Wages growth falls for a third consecutive quarter
Workers in the private sector are still clocking robust pay growth but the pace has been gradually slowing over the past year, reflecting a softening jobs market, according to the latest Australian Bureau of Statistics figures.
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Property
Build-to-rent can solve the housing puzzle
Housing industry advocacy groups have called on the government to clarify policy on the build-to-rent sector, claiming that incentives would support building more than 100,000 affordable homes.
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Property
Skilled migrant visa needed to boost tradies
Master Builders Australia chief executive Denita Wawn has urged the Federal Government to make it easier for skilled migrants, claiming they are a vital part of the housing crisis fix – and the only way to build 1.2 million homes in the next five years.
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Property
RBA rate hold will not spur housing market
The Reserve Bank of Australia’s decision to keep the cash rate at 4.35 per cent for the sixth consecutive meeting will not have a dramatic impact on the housing market, experts say.