Property

A deregistered Perth building company turned real estate agency has been fined for improperly releasing a $50,000 deposit that should have remained in a trust account.

After months of rapid growth, Perth’s property market is moving to a more balanced footing, with more homes on the market, buyers becoming more selective, and price growth moderating.

A wave of new financial-year reforms could have a “cumulative impact” on small businesses’ operations and cash flow, the Housing Industry Association has warned.

Australia’s housing market has suffered its sharpest monthly decline in more than two-and-a-half years, with national dwelling values falling 0.4 per cent in June and 0.7 per cent over the ...

The Albanese government has formed a deal with the Greens to support the banning of limited recourse borrowing arrangements (LRBAs) for residential property by superannuation funds.

Auction clearance rates have fallen to their lowest level since the early stages of the pandemic, with brokers reporting softer sentiment and increasingly cautious buyers.

A ‘buyer’s market’ has led to a surge in bridging loan demand, particularly in Victoria, which has seen demand skyrocket 46 per cent on its six-month average.

The Australian government’s Help to Buy Scheme has officially launched in Tasmania, becoming the final state to launch the federal shared-equity program.

First home buyers in South Australia will have uncontested access to an influx of new homes to be delivered on Adelaide’s northern edge to support their entry into the property market.

A buyer’s agency reportedly transferred its ownership to the Virgin Islands before entering liquidation last week, leaving limited scope for clients to recover their funds.