Property News - PropertyInvesting.com

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

Urban Renewal Authority to get underway in SA

The Urban Renewal Authority is set to start work in South Australia next month in a bid to deliver better communities and lifestyle options in the state. It is also hoped that the group will help to ease issues surrounding housing affordability whenRead More...

Steve McKnight

February 17th, 2012

NEWS: Property Investing and Real Estate In Australia

NT unveils 10-year development plan

The Territory government has revealed details of its ten-year development plan, which it hopes will encourage long-term development and expansion in the state. Minister for lands and planning Gerry McCarthy unveiled three initiatives that he hopes will give property investors the incentive theyRead More...

Steve McKnight

February 16th, 2012

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

Vacancy rates in Sydney tighten as summer ends

While vacancy rates in Sydney have relaxed in recent months, this is expected to be a short-lived change due mainly to seasonal fluctuations, according to the president of the Real Estate Institute of New South Wales (REINSW). New figures published today (February 15)Read More...

Steve McKnight

February 15th, 2012

NEWS: Property Investing and Real Estate In Australia

Sydney is great for property investment

On a global scale, Sydney is great for property investment, according to new figures published jointly by PricewaterhouseCoopers and the Urban Land Institute. A new report titled Emerging Trends in Real Estate Asia Pacific 2012 identified Sydney as the third most favourable marketRead More...

Steve McKnight

February 14th, 2012

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

Property investors ‘should watch for further rate cuts’

Property investors should not be disheartened by the Reserve Bank of Australia’s decision to hold the cash rate steady yesterday, as further rate cuts could be on the horizon. This is the opinion of Real Estate Institute of New South Wales chief executiveRead More...

Steve McKnight

February 8th, 2012

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

HSBC anticipates more cuts to cash rate

A cut to the cash rate tomorrow may be followed by two further reductions in the first half of 2012, according to economists at HSBC. The bank’s global research publication, The RBA Observer, anticipates that the cash rate will be cut by 25Read More...

Steve McKnight

February 6th, 2012

NEWS: Property Investing and Real Estate In Australia

‘Modest easing’ recorded in house prices

Anyone planning a property investment in Australia’s major cities may be buoyed by news that all eight capital cities showed modest easing in house prices. The news was warmly welcomed by Harley Dale, chief economist at the Housing Industry Association (HIA), who assertedRead More...

Steve McKnight

February 2nd, 2012

NEWS: Property Investing and Real Estate In Australia