Victorian state government population forecasts say Victoria's population will almost double within 35 years, with the number of people living in inner and middle suburbs growing by 1 million.
The latest CoreLogic report stating that the Darwin market grew by 4.1% in August is hard to justify.
It's a tax policy, not a housing affordability policy.
“There are a significant number of empty-nesters who no longer need four and five bedroom homes, yet there are economic and legislative factors at play that are forcing them to stay put."
The Real Estate Institute of Australia (REIA) says housing affordability in the June quarter 2016 improved to levels last seen seven years ago.
Web sites offering to 'find the best agent near you' will never deliver as good a result as choosing an agent through face-to-face interviews.
"Let's now change the competition template to reflect the best auctioneer traits of this era," says Richard Impiombato of Foxtons Estate Agents.
A review of the Victorian Residential Tenancies Act, which is looking at issues affecting the state’s 500,000 rental homes, is hitting a critical stage with an Options Paper due to be released soon.
The RBA has left the cash rate at historic lows, as expected.
With modern day society becoming increasingly time-poor, there is growing appeal for the low-maintenance lifestyle that comes with buying an apartment.
Smaller community infrastructure projects can deliver better price growth to local property markets, because they’re more likely to deliver tangible benefits, such as improved amenity and upgraded streetscapes.
Property listing numbers will have a significant influence on the strength of the property market this spring, says Cameron Kusher of CoreLogic.
A bill was introduced into Parliament this week to restore the Australian Building Construction Commission.
Innovative options are already available to help solve disputes.