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Big incentives for property investors under new housing package

January 1, 2019

ACT Region Government Infrastructure Property and Investment News Queensland Strategy Tasmania Victoria

On 16 December, Bill Shorten announced a $6.6 billion plan to address housing affordability, which directly involves incentives. Mr Shorten said that under the policy, if investors construct new properties and place them for rent at 20 per cent under market value, a subsidy of $8,500 a year for 15 years would be available for […]

Listings Lurch Higher as Housing Market Conditions Languish

November 27, 2018

ACT Region New South Wales Property and Investment News Queensland Strategy Tasmania Victoria

The volume of housing stock listed for sale is currently higher, for this time of year, than it has been in many years. While total stock is elevated, newly listed stock remains at fairly similar levels to recent years which suggests that it isn’t a dumping of stock onto the market which is leading to […]

Sydney-to-Canberra 'very fast train' the focus for $4.2-billion Snowy Hydro Fund

October 25, 2018

ACT Region Canberra Region Central Coast Region Government Infrastructure New South Wales Property and Investment News

Part of the Snowy Hydro Legacy Fund is set to be spent on funding a new corridor for a “very fast train” between Canberra and Sydney. Key points: The NSW Government says the $4.2 billion fund will be used for rail and road connectivity, freight, aviation and digital connectivity The fund was set up after […]

Sydney house prices to fall 5.1 pc, but surge on Central Coast: Moody's

September 20, 2018

ACT Region Canberra Region Melbourne Region New South Wales Property and Investment News Strategy Tasmania Victoria

Sydney house prices will fall 5.1 per cent this year, and then tread water in 2019 with only a 0.6 per cent gain, according to forecasts by Moody’s Analytics and Corelogic. However, the correction in NSW won’t be uniform with more affordable areas like the Central Coast – where developers like Rich Lister Tony Denny are selling out […]

How Have Dwelling Values Shifted Across The Regional Areas Of Australia?

September 14, 2018

ACT Region Central Coast Region Hunter Valley Region New South Wales Property and Investment News Queensland Strategy Tasmania Victoria

The latest CoreLogic home value index results show the slowdown in the national market has become more broadly based with regional dwelling value growth continuing to slow. In this week’s Pulse we look at how values have changed over the past 12 months outside of the capital cities. Overall, regional dwelling values recorded a 1.6% […]

Canberra's apartment boom biggest since records began

September 5, 2018

ACT Region Canberra Region Property and Investment News Strategy

Canberra’s housing boom in the past decade is the biggest on record for the ACT and has created an oversupply of more than 6000 apartments in the city, but if the population continues to grow at current rates, it is likely to soak up the excess supply. The boom had led to an oversupply of about […]

Foreign students, population boom fuelling ACT economic surge: report

September 5, 2018

ACT Region Canberra Region Property and Investment News

Booming foreign student enrolments at Canberra’s universities is fuelling growth in the city while the threat of public service job cuts is receding, says one of Australia’s leading private sector forecasters assessing the health of the nation’s economy. The double digit-growth in international students living in the ACT last year drove a population surge second […]

ACT investment up with light rail, but expected to slow next year

September 5, 2018

ACT Region Canberra Region Government Infrastructure Property and Investment News

ACT government investment in infrastructure projects has risen 10 per cent in the past year, largely due to the stage one light rail project, but it is expected to slow next year, as work on the project ends. The June quarterly Deloitte investment monitor shows the value of territory government investment has risen 10.2 per […]

Canberra CBD to play home to UNSW digital tech innovation hub

September 5, 2018

ACT Region Canberra Region Property and Investment News

The University of New South Wales Council has approved the strategic investment to develop a new research, education and innovation precinct in Canberra’s CBD. Located along Constitution Avenue, the proposed UNSW Canberra City Campus would deliver both short-term and long-term economic benefits to the ACT community through the creation of employment and the attraction of […]

Australia's housing downturn is deepening as prices fall across most parts of the country

September 3, 2018

ACT Region New South Wales Property and Investment News Pros & Cons Strategy Tasmania Victoria

Australian home prices fell for an eleventh consecutive month in August, led by declines in a majority of capital cities. According to CoreLogic’s Hedonic Home Value Index, Australia’s median home price fell 0.3%, adding to a 0.6% drop recorded previously in July. That took the decline over the past three months to 1.1%, leaving the […]

Property investing in Canberra – What you should know

August 28, 2018

ACT Region Canberra Region Property and Investment News

For many years the word Canberra has been followed by a yawn, then associated with bureaucracy and stuffy politicians. However, those times, they are a changing! Would you believe Lonely Planet rated Canberra the third best global city to visit in 2018? The unemployment rate is the lowest in the country and the average weekly wage the […]

Canberra is hot property for investors

August 28, 2018

ACT Region Canberra Region Overseas Investor Property and Investment News Strategy

Every other day we hear a media story claiming the Canberra apartment market is in the doldrums. Just this week, the tired mantra that Canberra’s unit market is stagnating, with no sustained growth in recent years, has been rolled out again. These claims couldn’t be further from the truth. In fact, Canberra is a veritable […]

Aussie: 25 Years of Housing Trends

July 25, 2018

ACT Region Corelogic New South Wales Property and Investment News Queensland Strategy Tasmania Victoria

Aussie recently released there 25 Years of Housing Trends report. This report showcases: Strong housing market conditions have boosted household wealth over the past quarter of a century. The average mortgage size has increased at roughly the same pace as housing values. With mortgage rates being at such a low setting, home loan serviceability measures […]

Domain’s Rental Report: June 2018

July 24, 2018

ACT Region New South Wales Property and Investment News Queensland Tasmania Victoria

Only one capital city’s median rental price for houses increased over the June quarter according to the latest Domain Rental Report out today. The national median rental price for houses remained steady at $437 over the three months to June, while the median unit rental price fell by just $1 dollar to $452 over the same time […]

Australia’s Top Performing Suburbs Revealed

July 17, 2018

ACT Region Corelogic New South Wales Property and Investment News Queensland Strategy Tasmania Victoria

Despite recent house price weakness, Australia’s property boom – which saw house prices in some areas of Sydney soar almost 90 per cent from 2010 – created windfall gains for some property owners. Property researcher Corelogic has revealed the top growth suburbs over the past ten years in its Top Growth Suburbs Over the Past Decade report. Derrimut, located […]

Extremes of Australia’s property market growth and decline revealed

July 17, 2018

ACT Region New South Wales Property and Investment News Pros & Cons Queensland Strategy Tasmania Victoria

The disparate state of Australia’s property market has been laid bare in a new report, with prices in some markets falling by 7.4%, while others are booming, with price growth of just over than 16% year-on-year. The latest realestate.com.au Property Outlook Report, released today, shows on average prices across Australia have increased by 0.9% in the […]

Busting Australia’s Urban Congestion Woes

July 16, 2018

ACT Region Government Infrastructure New South Wales Property and Investment News Queensland Strategy Tasmania Victoria

It is said that you should invest in the three things you spend the most time using: your bed, your shoes, and your car. The latter has never been more relevant to modern day Australians who are spending more time in vehicles due to unprecedented traffic congestion, a growing issue that demands our nation’s attention. […]

5 things you need to know about Canberra’s property market

July 11, 2018

ACT Region Canberra Region Property and Investment News

You’re not imagining it – apartments are springing up all over Canberra, and houses are proving tricky to find. That’s good news for investors and home owners. Figures from realestate.com.au for June-November 2016 show demand for property in our nation’s capital is rising. “Canberra has seen strong growth over the last 12 months,” REA Group […]

'Visionary': The new plan for a Canberra to Eden railway line

July 10, 2018

ACT Region Canberra Region Property and Investment News

A concept plan for a Canberra to Eden railway line has been labelled “visionary”, and something that would allow the capital to unlock the potential of “relatively isolated” areas in south-east Australia and become the region’s freight hub. Engineer Edwin Mitchell has developed the plan for the Cooma and Monaro Progress Association, which is now […]

2017-18 Financial Year In Review

July 10, 2018

ACT Region New South Wales Property and Investment News Queensland Tasmania Victoria

In this week’s Pulse we delve into how national housing markets have performed in terms of value growth in the 2017-18 financial year and how it stacks up against previous years. The first chart highlights the change in dwelling values nationally across each financial year from 1997-98 t0 2017-18.  In the most recent financial year, […]