There were 1,082 capital city homes taken to auction this week, a slight increase on the 1,046 homes auctioned the week prior.
Bidders and onlookers at the auction for five studios in Sydney were ‘astonished’ when an eight-year-old began placing bids.
Hundreds of auctions around Melbourne are set to be cancelled in the next six weeks, as vendors pull their properties off the market because of the city's stage…
Melbourne property sellers cancelled four in 10 auctions this weekend amid a worrying second wave of infections.
Property auctions in Australia dropped by almost a third during the peak of COVID-19 in Australia, with more than half of vendors choosing to postpone their sal…
Home auctions look set to gain momentum in Perth's tight property market, but with West Australians inexperienced in the fast-paced selling method, buyers could…
Australians who shelved plans to sell their home at the start of the pandemic are slowly returning to the market.
Property price falls look to have been moderate and there is little evidence of large numbers of distressed sales.
The coronavirus crisis is unlikely to make real estate affordable for young, first-home buyers despite predictions of double-digit price falls, experts say.
Australian Property Investor Magazine
Access to finance is set to get easier, with a suite of reforms to be introduced by the federal government to help first homebuyers get into the property market and investors to bolster their portfolios.
Metricon Homes has continued its reign as Australia’s most prolific homebuilder, the fifth consecutive year it has built more houses than any other company.
Speculation is mounting around the prospects of further reductions in the official cash rate by the Reserve Bank of Australia, with some of Australia’s biggest banks slashing variable home loan rates.
The implications of COVID-19, and its exacerbation of the gap between rich and poor, are moving beyond the realm of immediate health and financial needs and shaping the future of our homes and communities.
Clearance rates have fallen and new project launches are getting scarce, but research from Urbis shows apartment markets across the country are holding relatively firm despite the challenges of the pandemic.
COVID-19 has created a sellers’ market in the City of Churches, and it is easy for buyers to pay too much or purchase something that is not ideal.