The state government must reduce stamp duty for older Australians who are downsizing, and provide incentives to encourage people to move to regional towns, says John Cunningham, president Real Estate Institute of New South Wales.
REIWA is disappointed with Labor’s announcement yesterday that they will introduce a new property tax on foreign buyers if elected to government on 11 March.
Between 2002 and 2005, the Perth property market received a massive boost from eastern states investors wishing to take advantage of lower prices.
Residential vacancy rates were again influenced by the summer holidays and festive season, according to the latest data released by the Real Estate Institute of New South Wales.
In 2017, developers in Malaysia, expatriate workers in the Philippines, and anti-corruption measures in Indonesia will boost the nations' real-estate markets, says Michael Geh of Raine & Horne International Zaki + Partners.
The peak season for renting holiday homes is slowly drawing to a close, but follow these tips and your property could become a year-round lucrative business.
REIWA president Hayden Groves says the WA Liberal government's commitment not to increase or introduce new state taxes will be a welcome relief for WA home buyers and property investors.
ABS housing finance data for December 2016 shows demand for mortgage finance continues to increase, reflecting of the ongoing growth in home values, says Cameron Kusher of CoreLogic.
The REINSW has presented the NSW government with its recommendations for an overhaul of legislation for the state's 800,000 rental properties, especially in relation to breaking a fixed-term lease, electronic service of notices, and alterations to property.
Mat, principal of McGrath Central Coast says he expects the Central Coast market to maintain strong momentum in 2017.
'Mum and dad' investors are being encouraged by financial planners and lenders to consider commercial, industrial and retail properties, says Malcolm Gunning, president of the REIA and principal of Gunning Real Estate.
Six out of 12 regional centres across WA experienced positive median house price growth in the December quarter 2016.
The Valuer-General’s median house price report for the December 2016 quarter showed the volume of regional sales in South Australia rose in line with sales in metropolitan areas.