Overseas-based investors have spent $5.3 billion on Australian property in less than a year according to new data from the Federal Treasury. The data shows that there were 4700 residential
Building approvals are up for houses and units according to the latest data from the Australian Bureau of Statistics. House approvals rose by 3.8% during the month of March, and
Regions are continuing to outpace capital cities in terms of property price growth. New house price data shows that the combined regional property value rose to almost $623,000 in the
The Australian build-to-rent (BTR) sector is growing according to new analysis of the trend. The analysis by Savills Australia labels BTR as a “resilient asset class”. It says investment in
There has been a noticeable shift in buyer preferences toward apartments and townhouses, according to new analysis by valuation firm Herron Todd White. HTW Brisbane Managing Director, Gavin Hulcombe, says
Buying is becoming a more viable option for many as new data shows rents are rising faster than mortgages. The latest inflation data from the Australian Bureau of Statistics (ABS),
The weather may be starting to cool off but the auction market isn’t with clearance rates consistently remaining above 70%. CoreLogic figures show that the preliminary auction clearance rate for
Queensland is in the top spot for the value of home loans buyers taking out, with more owner-occupier loans than any other state in the past quarter. The latest State
Cutting taxes on home building is a quick solution to Australia’s housing crisis, according to the Housing Industry Association (HIA). HIA Chief Economist, Tim Reardon, says as higher interest rates
From September 15, first-home buyers will be able to save a home deposit through their superannuation fund. Access to the Federal Government’s First Home Super Saver Scheme will begin almost
There are still locations, some within 10km of the CBD, where buyers can secure affordable properties, according to PropTrack’s Affordability Hotspots Report. The report measures how many homes sold between
Australia is in the top four in the world for house price growth in the past five years according to new data from the International Monetary Fund. The data shows
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