The concept that owning property is a license to print money is under threat.
New-home buyers could be given a $50,000 handout under a proposal by the Property Council of Australia.
Not all changes the property industry is witnessing are due to the current COVID-19 crisis, but it has definitely hastened changes that were long coming.
With Australia's population growth set to come to a screeching halt, experts are concerned the property market will be hit hard.
Will working from home and fears of illness change where and how people want to live, and the premium they're prepared to pay?
Melbourne homebuyers are set to be presented with a smorgasbord of options once coronavirus lockdown rules ease.
With WA having flattened the curve, it seems the market’s formerly underwhelming position can finally justify optimism.
Join Steve Douglas, Executive Chairman of SMATS Group as he breaks down the issues facing property owners and investors during this crisis.
The coronavirus and associated business shutdowns have delivered a dramatic shock to the property market.
Australian Property Investor Magazine
Capital city median house prices dipped slightly in May for the first month-on-month decline in a year, but markets were nonetheless resilient with transactional activity starting to bounce back.
The Real Estate Institute of NSW is heaping pressure on the state government to provide additional support for landlords affected by COVID-19, saying several insurers were not honouring rent protection policies if a tenant’s rent is voluntarily reduced, while stimulus announced to date only is available to a small percentage of property owners.
Australia’s peak real estate industry group has warned the federal government that providing stimulus for new homes and not established dwellings could have detrimental effects on the property sector and the wider economy.
Sublease office space in Sydney’s CBD has surged to a 10-year high, but COVID-19 hasn’t been the primary cause, according to analysis by commercial agency CBRE.
ASX-listed residential leasing portal Rent.com.au says a recent surge in the number of renters getting ready to move is indicative of the increasing optimism in property circles that Australia is past the worst of the coronavirus pandemic.
COVID-19 has placed stamp duty reform back on the agenda in Victoria, New South Wales and Western Australia, with state governments expected to face tumbling revenue due to a sharp reduction in transaction volumes during the crisis.