“A decline in housing investment and a decline in exports were the major factors contributing to the relatively subdued growth in the economy this quarter," says Shane Garrett, senior economist with the HIA.
Demand for quality Sydney CBD apartments is strong, with all 106 apartments in AMP Capital's Loftus Lane Circular Quay development selling through CBRE within two hours on the weekend.
The $17m sale of a penthouse in the Loftus Lane development at Sydney's Circular Quay shows harbourfront real estate has entered a new league. The agent was Justin Brown of CBRE.
Pimpama in south-east Queensland is Australia’s top 'housing hotspot', according to a new report from the HIA, with Cobbitty-Leppington in Sydney's south west coming in second.
Vic removal of stamp duty exemption for OTP buyers 'final nail in coffin'
The Victorian government's decision to scrap the stamp duty exemption for buyers purchasing off-the-plan could mean lower supply of new dwellings, sending prices and rents higher, says Sam Tarascio of Salta Properties.
One of the last coastal development sites in Sydney's Eastern Suburbs is on the market. The sale will be managed by Knight Frank’s Tim Holtsbaum and Eugene Evgenikos, with JLL’s Ben Hunter and Sam Brewer.
