Property

House construction approvals down in September
5 November 2021
House construction approvals down in September

The number of new dwellings approved for building fell by 4.3 per cent in September, dragged mostly by a “large fall” in house construction.

Home values increased 1.49% over October
3 November 2021
Home values increased 1.49% over October

The property price growth trend continued in October, according to CoreLogic, but the pace of growth may be losing momentum.

FHLDS fails to assist FHBs who can’t buy property: NHFIC
2 November 2021
FHLDS fails to assist FHBs who can’t buy property: NHFIC

The incentive has largely benefited FHBs who would have been able to buy property in the short-term without assistance, instead of those genuinely requiring a leg-up, an independent review ...

New buffers a ‘psychological play’: The Property Nerds
1 November 2021
New buffers a ‘psychological play’: The Property Nerds

A buyer’s agent and a mortgage broker have suggested that the new raised serviceability buffers are a “psychological play”, and do not present an “actual substantial risk reduction”

CBA provides ‘Australia’s first’ build-to-rent commercial green loan
28 October 2021
CBA provides ‘Australia’s first’ build-to-rent commercial green loan

The major bank is financing a green loan worth $130 million to Australia’s “first build-to-rent development”.

Couple first to own home under rent-to-own scheme
27 October 2021
Couple first to own home under rent-to-own scheme

A home-buying start-up has announced that a couple are the first clients to own their home outright under its rent-to-own model.

Sydney’s housing affordability could hit lowest in a decade: Moody’s
26 October 2021
Sydney’s housing affordability could hit lowest in a decade: Moody’s

Australian housing affordability is expected to keep deteriorating after falling for the last seven months, with Sydney facing its lowest point in 10 years.

Home buyers buying property blind: ME Bank
26 October 2021
Home buyers buying property blind: ME Bank

Over half of all house hunters spent less than an hour inspecting the property they eventually purchased, while many discovered issues after moving in, a survey has shown.

Melbourne running short on land, warns agency director
21 October 2021
Melbourne running short on land, warns agency director

Vacant residential land prices in Victoria could soar over the next year as land becomes scarce, according to a real estate agency director.

More Australians struggling to transition from apartments to houses
20 October 2021
More Australians struggling to transition from apartments to houses

New data released by CoreLogic has found that the rising costs of apartments and houses are leaving apartment owners unable to upgrade.