First home buyers are plunging into the market during the pandemic, but for most, it’s taken a good few years of saving to get to the point of purchasing.
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Westpac has revised its forecast to a more moderate 5 per cent decline, with prices then “bouncing” 15 per cent.
There were 1,082 capital city homes taken to auction this week, a slight increase on the 1,046 homes auctioned the week prior.
Property giant GPT Group has brushed off suggestions of a permanent decline in the office market.
Dwelling prices in Australia’s state capital cities have diverged since social distancing and other restrictions were first introduced in late March to arrest t…
Property experts were asked to pick out the best value residential properties that can be purchased for just $700,000.
Adelaide is one of three cities across the country where property values are continuing to climb despite the nationwide coronavirus-led market slowdown.
Australian house prices are so far holding up amidst the economic downturn caused by coronavirus, but analysts warn the real test will come once bank mortgage h…
The coronavirus crisis is having a devastating impact on the Australian property market, with sales down by hundreds of millions of dollars.
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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.
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