Property

More homes may be built in Canterbury-Bankstown, Lake Macquarie, and the Central Coast after six more stations were volunteered for residential development.

Significantly more auctions were scheduled for this week compared to the same week last year, CoreLogic has found.

New data from the major bank has revealed almost half of new property investors in 2023 were Millennials.

Lending to build or purchase a new home remains at two-decade lows, signalling a more persistent downturn, HIA’s chief economist has said.

The Albanese government has released draft legislation to encourage investment and construction in the build-to-rent sector.

The institute’s president has urged the government to restructure its build-to-rent scheme if it hopes to reach its 1.2 million new homes target.

The low rate of building approvals has been influenced by financial challenges facing the building industry, HIA’s senior economist has revealed.

Certain regional markets have shown substantial growth in home values four years on from the pandemic.

ABS data has shown another overall drop in building approvals during February.

Tradesperson training and super policies have been suggested as possible solutions to Australia’s housing supply in the recent ABC Q&A.