News & Events

News

Land Prices Rise

Land sales are on the increase with many choosing to build despite constraints in the construction industry. The latest HIA-CoreLogic Residential Land Report analysed sales activity in 51 housing markets

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Record Breakers

Just under half of all Australian suburbs achieved record-high median house prices by the end of April 2024. CoreLogic data shows 43.6% of suburbs hit record highs despite two years

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Markets Favouring FHBs

A new report reveals the locations where softening market conditions mean properties may be more affordable. The Property Pendulum report by Property Credit shows where there have been “tangible shifts”

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Unit Development Must Double

The number of apartments that are being built in Australia needs to double to help meet the Government’s target of 1.2 million homes in the next five years, according to

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Future Tradies Funded

The Federal Government has committed $91 million to boost the number of skilled construction workers in an effort to help speed up construction. The plan will add almost 22,000 new

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Where Rents Are Rising Fastest

Australia’s median rent has now hit $627 per week, although many tenants are paying more than that according to a new analysis by CoreLogic. It says the lowest median rent

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Listings Remain Tight

The number of residential property listings remains tight with SQM Research data’s latest report showing a 6.4% fall in the past month. There were 256,000 properties listed nationally in March

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Foreign Investment Surge

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

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Housing Approvals Up

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

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Regions Outpace the Cities

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

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Build to Rent Growing

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

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Buyers Targeting Units

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

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