News
The proposed Olympic Dam expansion is becoming more and more certain, after plans were announced to expand the Stuart Highway from Olympic Dam to Port Augusta in South Australia.
Signals of a bottoming market are evident as the December quarter reports the year’s smallest quarterly decline, according to RP Data director of research Tim Lawless
It's natural for property prices to take a breather as they move through the property cycle, but that doesn't mean investors can't brainstorm ways to create their own growth in the meantime.
Investment properties in Mackay have just been given another boost, with BHP Billiton giving the Queensland Government notice of a proposed rail corridor alignment from the Bowen Basin to Mackay
Homebuyers and sellers in Queensland will soon be using just one contract, under a plan to slash red tape in the housing market.
The soft homebuyer market has put increased pressure on the rental market, resulting in higher rents across the entire country, according to Australian Property Monitors’ Rental Price Series quarterly report.
Land sales have increased by 1.3 per cent in the September quarter, according to the Housing Industry Association (HIA)-RP Data Residential Land Report. It’s the third quarter where the volume of land sales has increased.
Affordability is the key this year as Sydney buyers shift attention to older, more affordable units in prime lifestyle locations along Sydney’s inner coastal areas and also to cheap housing on the metro city fringe, according to WBP Property Group New South Wales manager Chris Lackey.
The Inpex project means “very exciting times are ahead” for Darwin, according to the Real Estate Institute of the Northern Territory (REINT).
Investors are more likely to have daggy kitchens and older bathrooms for the next 12 months with renovations on the decline, but property prices are still firm, says the Housing Industry Association’s Kitchen and Bathrooms: Past Growth and Future Prospects 2011/2012 report.
The Gold Coast’s successful bid to host the 2018 Commonwealth Games has brought back a much-needed confidence boost to Queensland’s glitter strip.
Investors and homebuyers in Queensland now have an extra reason to buy off-the-plan properties, after the Queensland $10,000 building boost grant was given a three-month extension. The boost was supposed to end at the end of January, but will now expire at the end of April.
Prices may have softened in 2011, but not to the extent of a “collapse” or “bloodbath” as predicted by some commentators, according to the Housing Industry Association senior economist Andrew Harvey.
A highly anticipated $25 billion gas project for Darwin and Western Australia will be given the official nod today, as indicated in a full-page Inpex advertisment in today’s Northern Territory News, reported ABC News Online.