Real Estate News - Australia's Latest Property News

Low vacancy rates could signal investment opportunities in Perth

Figures recently released by the Real Estate Institute of Western Australia (REIWA) reveal low rental vacancy rates for the Perth metropolitan area – reflecting potential investment opportunities in Perth. In the three months to February, vacancy rates for rental housing fell to 2.3Read More...

Steve McKnight

March 20th, 2012

NEWS: Property Investing and Real Estate In Australia Stats & Data

Interest rate debate continues but Australian labour market performing comparatively well

The results from this week’s property auction in New South Wales reveal continued modest improvement in the market. A clearing rate of 57 per cent illustrates consistency over the past month, fluctuating mildly between 56 per cent and 62 per cent for fourRead More...

Steve McKnight

March 14th, 2012

NEWS: Property Investing and Real Estate In Australia

Queensland property market picking up steam

The decision to hold official interest rates steady at 4.25 per cent last week (March 7) was not well received by some Australian organisations, as many had hoped for a reduction. The Housing Industry Association (HIA) saw the decision as detrimental to theRead More...

Steve McKnight

March 12th, 2012

NEWS: Property Investing and Real Estate In Australia

Shortage of rental units good news for Melbourne investors

When considering a real estate investment, many factors contribute to the decision-making process. Will the venture be profitable? What is the risk versus reward? How long will it take to get a positive return on the investment? It is possible to narrow downRead More...

Steve McKnight

March 10th, 2012

NEWS: Property Investing and Real Estate In Australia

Western Australia attracts commercial property investment

Yesterday (March 1), Western Australia confirmed another project that will bring funds and jobs to communities in the region – news that may encourage commercial property investment in the area. WA’s government approved construction of a 53km railway and 220kV power line forRead More...

Steve McKnight

March 2nd, 2012

NEWS: Property Investing and Real Estate In Australia

Positive developments may support Melbourne property investment

A number of recent announcements involving Melbourne and its surrounding suburbs may encourage Melbourne property investment. Government initiatives to increase trade, cultivate the city as a technology hub and enhance research and development in the state have been showing signs of success. SeveralRead More...

Steve McKnight

February 28th, 2012

NEWS: Property Investing and Real Estate In Australia

Housing affordability increases throughout Australia

An encouraging report from the Housing Industry Association (HIA) may promote property investment in Australia, as conditions look to favour buyers. Numbers from the HIA-Commonwealth Bank Housing Affordability Index for the December 2011 quarter indicate a 2.2 per cent rise in affordability. TheRead More...

Steve McKnight

February 28th, 2012

NEWS: Property Investing and Real Estate In Australia Stats & Data

Northern Territory attractive to foreign investment

Property investors trying to decide where to devote their resources in Australia may be intrigued by positive news from the Northern Territory, which could be attracting foreign investment. A global survey of mining companies released yesterday (February 28) ranked the state as theRead More...

Steve McKnight

February 28th, 2012

NEWS: Property Investing and Real Estate In Australia

Office vacancies decline across Australia

Investing in commercial property seems to be in high demand in the majority of Australian cities, the latest Office Market Report from the Property Council of Australia shows. The second half of 2011 was when most of the growth took place, as theRead More...

Steve McKnight

February 27th, 2012

NEWS: Property Investing and Real Estate In Australia Stats & Data

VIC sees rise in planning permit activity

Victoria experienced a rise in planning permit activity in 2010-11, showing continued confidence in the region’s economy. Permit decisions granted during the year totalled $23.2 billion, which marks a rise of 29.4 per cent on the previous 12-month period. Planning minister Matthew GuyRead More...

Steve McKnight

February 21st, 2012

NEWS: Property Investing and Real Estate In Australia Stats & Data