Cracking into Canberra's property market was already a struggle, but the current lockdown has made buying a home even more difficult.
CANBERRA
Melbourne and Canberra have joined Sydney in the $1 million-plus median house price club as the nation's property market soars into overdrive.
Canberra continues to experience robust demand for houses, propped up by stimulus measures.
A rush among property buyers to secure a home before the end of the year bolstered the property market at the weekend.
There were 1,082 capital city homes taken to auction this week, a slight increase on the 1,046 homes auctioned the week prior.
Canberra property prices recorded the lowest growth of the capital cities over the March quarter, according to new figures released by the Australian Bureau of …
A kitsch 1970s Canberra pad, which has been likened to an Australian-style Brady Bunch home, has sold for $1,023,500 in an online, eBay-style auction.
The Property Council has welcomed the ACT government's commercial rate relief scheme.
Canberra's property market is expected to keep its head above water in 2019 while several other capital cities across the country are likely to suffer a very di…
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South East Queensland’s unprecedented sales swell continues to attract interstate developers and underpin major projects, with ID_LAND, Little Projects, Sammut Group, Azzura Corporation and Pikos Property making big progress on more than $800 million worth of new developments in recent weeks.
Property price records are tumbling across Victoria, with more than 170 suburbs in Melbourne laying claim to a median house price of $1 million or more, while several key regional locations have also breached the seven-figure barrier.
New lending restrictions will affect different parts of the property market more than others - dig into the details and find out what the changes mean for first homebuyers, investors and trade-up buyers.
Australians downsizing to luxury apartments are driving a rapid rise in prestige property values, with sales of apartments worth $10 million or more in the first half of the year running at nearly eight times more than the 10-year average.
Pent up demand from Sydney buyers emerging from lockdown and Melbourne purchasers likely to soon follow is expected to result in a resumption of the big price gains recorded in the first half of 2021, with both cities remaining in a state of housing undersupply.
Victoria’s state government has made a range of changes to its Windfall Gains Tax prior to it being introduced to Parliament, but industry groups say the move is the “wrong tax at the wrong time” that will have a big negative impact on housing affordability.
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