Property News

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22/02/2010

In properties we trust

The economic downturn over the past year is now a distant memory for most Australians, who believe the housing market is set to take off - again.

The survey conducted by the Mortgage and Finance Association of Australia (MFAA) and BankWest found that almost three in...

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22/02/2010

Investor loans surge as first homebuyers head for the exits

Investors have become the main driving force of the property market following a mass exodus of first homebuyers.

According to the latest data from the Australian Bureau of Statistics, the total value of loans taken for investment purposes climbed by 2...

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22/02/2010

The Case For Reform

While OFT advised that the Bill would not be introduced into NSW Parliament until 2010, they gave stakeholders little more than one month to make submission in relation to the Bill – a Bill which proposes some of the most radical changes in decades to the control and management of hundreds of thousands of rented residential properties in NSW. <...

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10/12/2009

Australia leader in global housing market recovery

While housing markets in the world’s leading economies embark on the slow road to recovery, Australia has emerged one of the top performers.

Of 27 countries...

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09/12/2009

Sydney’s rental vacancy rate has risen to its highest level in more than 2 years but it isn’t all good news, according to the latest data released by the REINSW.

The percentage of available properties in Sydney now stands at 1.6%, an increase of just 0.3% compared to the previous month’s results.

The rental vacancy rate for...

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07/12/2009

Proportion of homes with mortgages on the rise

The proportion of Australian households currently mortgaged has increased to 35%, up from around 30% a decade ago, a new report from securities firm CommSec has revealed.

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04/12/2009

The REINSW has congratulated the new Premier of NSW, Kristina Keneally and called on her to act decisively to encourage greater investment in the state’s real estate sector.

“We look forward to working constructively with the new Premier on rebuilding the investment property sector in NSW,” said REINSW President Wayne Stewart.

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18/11/2009

Value add to your knowledge - Repairs and Improvements

The Australian Taxation Office (ATO) differentiates between repairs and improvements when property investors are making claims for deductions in their tax returns. To ensure the best results are obtained from your clients’ investment properties, it is important to understand the difference between the...

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12/11/2009

It’s a Strong Spring Marker

The spring market is still well and truly active, according to RP Data’s latest market activity index.

Although RP Data’s head of property research Tim Lawless said he...

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09/11/2009

Auction rates remain steady despite rate hike

The residential housing market appears to have weathered the latest interest rate rise, with auction clearance rates dipping only marginally over the weekend.

According to data...

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