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Rate rises bite lenders - REIA
The Real Estate Institute of Australia (REIA) President, Hayden Groves said the ABS Lending figures for May 2023 demonstrates that interest rate rises are hurting owner occupiers, investors, and first-time buyers with many seeking to refinance.
The global failure of rent controls: A tale of international cities
Whatever the future of ‘build to rent’, in the battle for affordable housing, Australia's policymakers need to refocus on supply-side solutions. Rent control, is simply not the panacea it appears to be. By Stewart Bunn, Chief Communications Officer of First National Real Estate.
Combined capitals preliminary clearance rate falls, but holds slightly above 70% - CoreLogic
According to Duane Kaak, Research Analyst, CoreLogic, the combined capitals recorded the lowest preliminary clearance rate since the week ending 30 April 2023 (69.2%).
North Sydney specialist Louise Barton joins BresicWhitney
North Sydney’s no.1 agent Louise Barton and her Sales Associate Jade Prior join BresicWhitney Lower North Shore team
Records tumbled in June - REIWA
Eight of the top 10 fastest selling suburbs had median house prices well below the Perth median, with affordability a key factor for buyers who are acting quickly when they see value.
John McGrath – Investor tips for your tax return in FY23
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, rental property deductions are one of the three key focus areas for the Australian Taxation Office (ATO) for the 2023 financial year (FY23).
Australia’s housing values increase in June, but the pace of growth has slowed - CoreLogic
Since finding a floor in February, the national measure of housing values has gained 3.4%, however, the market remains -6.0% below peak levels recorded in April 2022. That is the equivalent of the median dwelling value still being -$45,771 below a peak of $768,777 says CoreLogic’s research director, Tim Lawless.
Featured Property
Drummoyne waterfront LUSSO apartments for sale off the plan - CobdenHayson
76B St Georges Crescent Drummoyne for sale by Daniel Patterson of CobdenHayson delivers a luxury lifestyle at the edge of Sydney Harbour.
Featured Property
40 metres of absolute Byron Bay beachfront - The Agency
6 Border Street Byron Bay for sale by Steven Chen of The Agency located on 2022sqm with 180-degree uninterrupted scenic ocean vistas.
Featured Property
70's classic with Sydney Harbour Bridge and Opera House views - The Agency
1A Ray Avenue Vaucluse for sale by Steven Chen of The Agency, occupies a landmark corner parcel of close to 600sqm in a prestigious harbourside setting.
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