NSW budget no help for property buyers
According to the Real Estate Institute of NSW (REINSW), the state government’s latest budget does nothing to support property buyers, despite the first home buyer support announced previously.
News
New service continuing to help improve tenant bond retrieval
With nearly 50 per cent of tenants recovering their bonds in full in NSW, one bond insurance company is aiming to help raise this number.
Winter weather exposing Sydney vacancy rates
Residential vacancy rates in Sydney are on the rise as the onset of cooler weather slows the market, according to the Real Estate Institute of New South Wales.
May’s top 10 suburbs revealed
REA has released the REA Group Property Demand Index – June 2017, which reveals the Australian suburbs in highest demand.
NSW government announces housing reforms
The state government has announced a raft of measures to improve housing affordability, including giving first home buyers priority to property over investors and taxing foreign investors.
Equity considered to be ‘untouched piggy banks’ by investors
With a lot of property wealth contained within equity, one Australian firm sees this equity as not being optimised by investors.
Over $3,000 lost by ignoring online lenders, research finds
Borrowers who do not consider online lenders are potentially missing out on $3,184 in savings every year, according to research by a financial comparison site.
New AI app launched for easier home loan applications
One of Australia’s leading digital banks has tapped into the latest cognitive technology, launching a virtual assistant app aimed at simplifying the home loan application process.
Vacancy rates fall back in May
Investment research house SQM Research has revealed vacancy rates are falling in most capital cities.
NBN boosting regional sales in NSW, says leading network
Rare land blocks on the NSW South Coast are being snapped up within hours of coming to market, due in part to the continued rollout of the NBN, a leading real estate group says.
Property industry reacts to housing affordability measures
It’s been several days since the NSW government announced measures to address housing affordability. How has the property industry reacted to these changes?
RBA makes cash rate decision
The Reserve Bank has announced its cash rate call following its monthly board meeting today.
Value of foreign investment in Australian real estate revealed
A new report has highlighted the positive impact foreign investment has on real estate and the economy, calling on politicians to stop “decrying” its influence.
Fake rental ads flood market after agency hacked
A Perth-based real estate agency has had its computer systems hacked, resulting in scammers publishing fake rental ads.
WA strata reforms welcomed by industry
The Western Australian cabinet’s decision to push forward with strata reforms has been welcomed by industry bodies such as the Real Estate Institute of WA, Strata Community Association WA and Property Council of Australia.
Houses under $250,000 in Victoria’s most affordable towns revealed
New data by the Real Estate Institute of Victoria has revealed that there are a number of Victorian towns where properties are available for less than $250,000.
