Queensland’s rental vacancy rates take a dip, not a nose dive - REIQ
The Real Estate Institute of Queensland’s (REIQ) latest quarterly Residential Vacancy Rate Report shows most renters have more choice than they had a year ago, despite a slightly tightening market over the September 2023 Quarter.
Untapped granny flat potential in largest capitals could boost housing supply - CoreLogic
New analysis of all residential properties across Australia’s three largest capitals has identified more than 655,000 sites suitable for the construction of a granny flat, offering a solution to help ease the housing shortage.
For the first time since the June 2021 quarter, houses and units across inner, middle, and outer Melbourne all recorded growth according to the Real Estate Institute of Victoria’s quarterly median data for September 2023.
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, property investment remains the most reliable path to wealth creation and a comfortable retirement in Australia today.
Scheduled auction activity across the combined capitals is expected to ease slightly this week, with 2,371 homes set for auction, according to CoreLogic.