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Town planner and Consulting Planning Manager Aaron Sweet says there are 10 different building types under the Building Code of Australia, but definitions of housing vary from state to state and council to council. “We are a nation of colonies and each colony has its own system of land ownership,” Sweet said. This means you […]
You’ve saved a deposit, got your finance approved and are ready to pull the trigger on buying a house and land package – and after COVID-19 is over. Or maybe you haven’t quite made up your mind but find that the lower cash rate means your savings are just sitting there, not earning interest but […]
Experts say higher mortgage rates will hurt cash flow for real estate investors, but rising rents and larger buffers will help cushion that blow. Pete Wargent, co-founder of buyer’s agent portal BuyersBuyers, said investors were now more likely to accept higher interest rates, as mortgage rates remained at record lows and buffers had increased over […]
BRISBANE For a prime location in Queensland’s sunny capital, look no further than the “majestic” suburb of Seven Hills, according to real estate agent Hayley Van de Ven from RE/MAX Results. Located about 5km east of the CBD, the steep streets of Seven Hills – so named because of its topography, with the hills taking […]
Survey costs that are forcing developers to shelve projects or ask buyers to pay more are cutting into the supply of much-needed new apartments as increased immigration and high home prices push buyers back to denser housing types.Last month, Perth developer Richard Pappas started construction on a 34-unit apartment project in Subiaco, four months behind […]
Melbourne Australia’s most liveable city has many jewels in its crown, but Melbourne buyer advocate Nicole Jacobs says one suburb shines brighter than the rest. South Yarra, with its vibrant Art Deco apartments, Victorian homes and historic mansions, is one of the Victorian capital’s oldest and most desirable neighborhoods – and with good reason. Ms […]
If you are an investor, the right investment property is essential. So, why not build and reap more profits? Investing in investment real estate is a great way to secure and grow your long-term finances. However, the secret to success as a homeowner is ensuring you have the best accommodation for your investment strategy. Without […]
From leafy inner-city areas to sun-drenched coastal hotspots, Australians are spoiled for choice. To narrow down the top places to live in every capital city, realestate.com.au asked local property experts from across the country to judge the best suburbs – with some surprising results. Sydney The popular Port City, along with its most exciting suburbs, […]
Australia is home to some of the most liveable cities in the world, so it’s no surprise that Australian Real Estate is so sought after. From leafy inner-city areas to sunny coastal hot spots, customers can be spoiled for choice. “Looking through the options, it’s clear that the criteria for ‘best’ include high levels of […]
The ACT’s Canberra property market is a mixed bag of changing trends this quarter, according to Domain’s latest Quarterly Property Price Report for June. House prices increased by 1.8% to an average price of AUD 1.15 million, while apartments increased by 4.4% to an average price of AUD 599,735. For the first time since 2012, […]
Martin Jackson scouted the Hunter Valley for two years to build a wine cellar to showcase his honey-based wines. “It’s disappointing that there aren’t many properties priced under A$1,000,000,” he said. “The price two years ago was quite reasonable… I noticed in the last six months, there has been a big price increase. Land Value […]
The huge policy gap behind Australia’s rent crisis has been revealed – and it’s a much bigger problem than the current economic crisis. Australia’s worsening rental crisis is more serious than economic pressures, behind rising interest rates and soaring inflation, a prominent property expert has revealed. Ray Ellis says the crisis will worsen without swift […]