A respected property research company is tipping the number of units completed across Victoria will plunge.
CBD
Victoria’s property industry is pushing for a revival of the landmark Postcode 3000 campaign of the 1990s, credited with transforming Melbourne’s CBD.
The latest results from the ANZ/Property Council Survey reveal surging confidence levels in Queensland’s property sector.
Just 35% of Melbourne CBD offices were occupied in March, the Property Council of Australia (PCA) says.
The uptake of CBD office space could fall by 15 per cent in 2021 as more city workers include remote working in their routines.
Office owners face the grim prospect of seeing their glittering properties lying underused.
A swath of properties across the healthcare, office, hotel and service station sectors are being offered and snapped up.
The Melbourne CBD will experience "long-lasting effects" from multiple lockdowns, including on the property market.
A $1.5 billion property fund is waiting to pounce on distressed buildings as the COVID-19 crunch further disrupts Melbourne’s commercial property market.
Australian Property Investor Magazine
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Population growth and infrastructure spending are often key elements to successful property investment strategies. API Magazine takes a look at the federal budget commitments that will have the biggest impacts on property markets in Australia’s fastest-growing regions.
Rising house prices are extracting a toll on homebuyer confidence, with fresh research showing positive sentiment in property is slipping fast, while fewer than half of the respondents to a recent survey said they considered now was a good time to buy.
New investment models and more government support for build-to-rent developments are needed to address the rising inaccessibility and unaffordability of rental housing in Australia.
First homebuyers, single parents and downsizers are among the biggest beneficiaries in the property sector from this week’s federal budget, but some experts are questioning how effective the new schemes will be against a backdrop of sky-high house prices.
Australia’s smaller capitals and mid-size regional cities are experiencing chronic rental property shortages that are pushing rents higher and luring investors seeking to achieve capital growth as well as positive cashflow.
Crowds at Brisbane home opens and auctions are starting to get smaller, but lower attendance is not yet translating into fewer offers as buyer activity remains historically high, particularly in the inner and middle ring suburbs.
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