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Spotlight on Parramatta

An infrastructure boom is driving unprecedented investment in Sydney's western suburb, drawing residents and businesses to Parramatta in increasing numbers, says Ged Rockliff, head of residential with Savills.

Bruce Springsteen sells one of his New Jersey homes

Bruce Springsteen has sold a vine-covered mansion on a 7.4-hectare estate in Monmouth County, New Jersey, for a reported $4.2 million.

Victoria (Vic.)

Featured Property

Mornington villa with intoxicating Japanese flavour

A four-bedroom Mornington home with wine cellar and tasting room, sauna, and panoramic views of Port Phillip Bay is for sale through Campbell Noonan and Dean Phillips of McEwing & Partners Mornington.

National

Construction

Skip the DIY this Easter

Master Builders has issued a timely warning to DIYers: recognise your limits, and acknowledge when you need help.

National

The Economy

Construction of apartments overtook houses in December quarter

More apartments than houses were built in the December 2016 quarter, the first time 'on record' that this has occurred.

National

The Economy

Housing affordability improves, but the problem remains

Housing affordability remains a significant national challenge despite the latest HIA Affordability Report showing an improvement in the early months of 2017.

Western Australia (WA)

Featured Property

Margaret River property for sale

The 'Princess House' is on five-and-a-half acres overlooking the Indian Ocean and is for sale by Kim Hewton of Acton South West.

National

The Economy

'Sledgehammer' approach to risky lending could hurt economy: REIA

Malcolm Gunning, president of the REIA, has warned that the combined actions of APRA, ASIC and the banks could decrease demand for new properties to such an extent that housing supply dwindles and the construction sector weakens.

This is what the average Aussie household looks like

2016 Census data shows that household ownership is in decline: the 'typical' house is owned with a mortgage, while in 2006 the average home was owned outright.