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A shortage of rental accommodation, multiple applications per property and rising rents are proof that Australia’s rental market is undersupplied, with predictions the country could soon see the “biggest rent increases in living memory”. “Propertyology is predicting that these next couple of years will produce the biggest increase in rents that Australia has seen in …

Why now might be the time to invest in the property market Read More »

Australia’s housing market continued along a recovery trend through November. CoreLogic’s national index recorded a second consecutive monthly rise in November, with dwelling values up 0.8% over the month. The new recovery trend follows a 2.1% drop in Australian home values between April and September. CoreLogic’s Head of Research, Tim Lawless, says if the current growth trend …

CoreLogic’s November Home Value Indices found dwelling values rise across every capital city and rest-of-state region. Read More »

A Federal Government program offering cash grants for housing construction projects has been extended, but at a lower amount. Prime Minister Scott Morrison said the extension was expected to lead to another 15,000 construction projects, bringing the total anticipated renovations or builds under the program to 42,000. “It’s critical we keep the momentum up for …

Federal Government extends HomeBuilder program for another three months but at a lower rate Read More »

Self-managed superannuation funds have disregarded the pandemic crisis and ploughed back into property using borrowed money, according to the latest figures from the ATO. In 2020, SMSF owners’ Australian residential property holdings increased 7.5 per cent, to $39.1 billion, on the back of an 8.8 per cent jump in their total non-recourse borrowings to $50.23 …

Self-managed super funds are sinking big money into residential property Read More »

A new property report by Domain has highlighted the best performing school catchment zones in Australia, with areas in Brisbane dominating the list. The Bald Hills State School had the best performing catchment in Queensland, coming in at number three on the list. Wynnum West State School came in fifth, followed by Rainworth State School …

Property prices soar in Brisbane’s school catchment zones Read More »

ANZ economists have significantly revised house price forecasts from a bearish 10 per cent decline to a 9 per cent lift in 2021. The counterweight of low rates and government stimulus has flowed through to housing construction, approvals and sentiment, economists Adelaide Timbrell and Felicity Emmett said. The peak-to-trough decline will be limited to 2 …

House Prices Set to Grow 9pc in 2021 Read More »