Property

A report has indicated that one in three out-of-state buyers are inspecting properties in Queensland, with one in four across Australia are looking at properties' interstate.

The total value of residential dwellings in Australia fell $162.4 billion to $9.98 trillion this quarter.

The financial services ombudsman has provided an update.

Combined value of residential real estate in Australia fell to $9.7 trillion at the end of August - down from $9.8 trillion in the previous month, latest Corelogic data has revealed.

Queensland’s Deputy Premier has directed the state’s Housing Supply Expert Panel to address the various housing challenges across the state.

Recent research has revealed that Australians have paid a bundle over the past 12 months due to extreme weather.

An additional 12-month asset test exemption is set to be introduced to help incentivise more pensioners to downsize and free up housing stock for young families.

Calls are building for Queensland to repeal incoming land tax laws that would see property investors taxed based on their whole portfolio, regardless of location.

The state’s Attorney-General is cautioning consumers to be wary of signing purchase contracts for off-the-plan properties.

It has been a slow start to the spring selling season, with the first week of September seeing auction volumes decline 9.6 per cent.