The Block auction results positive sign for Melbourne market
All five houses in the 2017 series of The Block sold on the weekend, and though profits were down on the previous year, all sold for more than their reserve.
Goldman Sachs backs Kokoda development in Brisbane
Global investment bank Goldman Sachs has agreed to lend $120 million to Kokoda Property to finance the Chester & Ella development in Newstead, Brisbane.
REIV anticipates biggest ever weekend for Melbourne auctions
The Victorian property market is gearing up for what could be the biggest auction weekend in the state’s history, with around 1,900 homes expected to go under the hammer.
A tale of two markets: Sydney's Upper and Lower North Shores
While the Sydney property market is plateauing, prices, numbers at open homes, and auction clearance rates in some areas have been hit harder than others, say agents.
Melbourne's top growth suburbs for real estate prices
New data from the REIV shows that government incentives have created strong demand for property at the lower end of the Melbourne market, with 44 per cent of all sales in the September quarter valued at less than $600,000.
Australians are holding onto their homes for longer
The transaction costs of buying and selling a home have become prohibitive, but cuts to stamp duty and low-cost agents could make buying and selling more affordable, says Cameron Kusher of CoreLogic.
Sydney, Melbourne among world's top cities for real estate investment: CBRE
Tokyo is the world's largest real estate investment market, with Sydney fourth and Melbourne fifth in the Asia Pacific, according to the CBRE report 'How much real estate? A global analysis'.
Affordability is improving, and first-home buyers are back in the market
New data from the HIA shows that housing affordability improved during the September quarter, while Mortgage Choice says loan approvals for first-home buyers are at four-year highs.
New Zealand financier Rayo Withanage buys Picasso's French Riviera estate
Picasso's magnificent country estate, on eight acres with a large renovated chateau, has been bought by a fellow Australasian, New Zealand financier, Rayo Withanage.