Melbourne house prices plummeted $32,000 over the three months to June, recording the steepest quarterly fall of all the major capital cities, new data has reve…
NEWS & INSIGHT
A new report from the Tasmanian government found 309 properties were removed from short stay platforms because they didn’t comply with regulations.
Treasurer Josh Frydenberg said the government is looking at the timing of sweeping tax reform in the wake of COVID-19 spending.
Forecast double digit growth in the Chinese economy has prompted Westpac’s chief economist Bill Evans to believe the Australian dollar will continue to rise for…
The Aussie dollar has soared to a 15-month high.
Reserve Bank governor Philip Lowe has given the Morrison government the green light to increase debt levels and lock in a budget deficit of more than $200 billi…
Taxation statistics reveal how skewed the political narrative is towards those on high incomes.
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Landlords with an investment property in working class Medina were receiving the highest rental returns in Perth in the year to May 2020, with a gross rental yi…
Australian Property Investor Magazine
A major shift has taken place in the furnished house and apartment rental market, with demand crunched in most CBD and inner suburban markets but soaring in regional tourist towns.
Perth property appears to be on the upswing, with sales rebounding, rental vacancies shrinking and investors eyeing potential returns as confidence continues to grow in the WA capital.
Homebuyers and investors remain active in Brisbane, resulting in steadier median home values than in Sydney and Melbourne, and rising rents across large parts of the city.
Home values continue to hang tough in the face of the COVID-19 crisis, but analysts warn of downside risks in the medium-term as government stimulus measures are scaled back and a potential second wave of coronavirus cases re-kindles economic uncertainty.
Building approvals data is yet to show the impacts of the federal government’s HomeBuilder grants, with the latest figures from the Australian Bureau of Statistics revealing approvals hit an eight-year low in June.
Melbourne-based technology startup XY Sense says demand for its workplace data measurement platform is growing rapidly, as big tenants seek answers on exactly how much space they will need as the COVID crisis and flexible working shake up office markets across the country.