Property

The NSW government has announced it aims to make buyback offers to the first 250 residents in the region’s high-risk flood areas.

Seven more flooded local councils in Northern and Central Queensland have been made available for support following severe monsoon rainfall.

There are now ‘broad concerns’ over increasing distress calls from mortgage holders, a national debt helpline has confirmed.

The credit ratings agency expects the magnitude of mortgage arrears increases to be “greater than in recent years”.

While regional property prices saw huge gains during the pandemic, the country’s most popular regional markets are plunging, CoreLogic data reveals.

New debt collection laws could see high-value debtors lose their homes, the Queensland government has confirmed.

Dwelling values have dropped by the largest annual decline since May 2019, according to CoreLogic.

The portion of Australian auctions that returned a positive result fell this week despite an overall activity increase, according to CoreLogic.

Research conducted by Domain has found that Sydney tops the list for dearest capital city per square metre in the country.

New housing legislation has been introduced to Parliament to deliver the "single biggest investment" in affordable and social housing in a decade.