The Andrews Labor government has introduced a raft of measures to help first-home buyers, including scaling back stamp duty, and eliminating it for buyers of properties worth less than $600,000, introducing equity sharing, and adding incentives for buyers in regional Victoria.

Malcolm Gunning, president of the Real Estate Institute of Australia, says the proposed changes to negative gearing are likely to drive rents higher.

A new report from Place Advisory says 32 per cent of Brisbane's future apartment projects have been deferred or are unlikely to proceed.

When Ben Pryde from Raine and Horne Mollymook Milton released 18 blocks of land near Dolphin Point for sale on the weekend, all properties were sold within hours