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News

    Retirement housing is being overlooked as a property investment strategy, according to property educator Jennie Brown.

     

    The next phase of the property market's growth cycle will kickstart within 60 days, according to McGrath chief executive John McGrath in his recent Market Review for spring.

     

    Dodgy building is on the rise as compensation for homeowners increased by 50 per cent in the past financial year to a record of $42 million in claims, according to the Queensland Government.

     

    A major housing correction in Australia isn't likely due to better than expected retail spending and building approval figures from the Australian Bureau of Statistics, according to Chan and Naylor.

     

    Replacing the wood heater for a reverse-cycle air conditioner can bump up the rent for landlords and could potentially add value to a property, according to a Launceston-based property manager.

     

    The New South Wales Government's decision to lift the cap on local council development levies from $20,000 to $30,000 will cost homebuyers $5.4 billion, according to the Urban Taskforce.

     

    Dwelling approvals rose in July after recording falls for the past three months, according to fresh figures from the Australian Bureau of Statistics.

     

    Property values in the West Australian property market have crept back up after falling substantially in recent years and things are expected to improve further, according to Metropole director Michael Yardney.

     

    With every state and territory represented in API's annual Hot 100 list this year, it's clear that property hotspots can be found all over Australia.

     

    The cost of constructing a house in Queensland jumped during the June quarter mainly due to the introduction of six-star energy requirements for new homes, according to the Master Builders State of the State housing industry report.

     

    In a city buoyed by Federal Government jobs, the Canberra property market is on hold with some investors uncertain of job security if the Coalition is appointed to govern, a scenario that is believed to ultimately impact property prices.

     

    The property market's spring selling season is just around the corner and it's not expected to be hampered by any possible lag effects from the hung parliament.

     

    The Real Estate Institute of Australia has called on home finance providers not to take advantage of the current political limbo by raising interest rates.

     

    When selling, investors need to adapt properties to the growing force of single women making buying decisions in the property market, according to the Matusik Snapshot.