Building Beats Expectations
Australia’s home building industry beat expectations in starting construction of 228,480 homes in the 2017-18 financial year, a 3.3% increase on the previous financial year, according to ABS data. [...]
Airbnb Pressures Rental Markets
Short-stay accommodation platform Airbnb is placing pressure on rental markets and pushing up house prices in areas with high tourist numbers, according to RiskWise Property Research CEO Doron Peleg. [...]
Most Enjoy Renting: Survey
One in every four Australian households rents, and it’s not just those on low incomes. A new national survey of renters, funded by the Bankwest Curtin Economics Centre, finds [...]
Medium-density “Rosy Future” Tipped
A “rosy future” for medium-density housing driven by an ageing population will ensure the property sector is reasonably strong for the longer term, according to CSR chairman John Gillam. [...]
Affordability Improves In Major Cities
Housing affordability has improved in many of the major markets across Australia. The HIA Affordability Index for Australia for the September Quarter was 1.5% better than in the previous [...]
Airbnb Impact Pushing Up Prices
Airbnb is putting pressure on the rental market and house prices, according to a new report. RiskWise Property Research CEO Doron Peleg says while in some areas Airbnb can [...]
Dwelling Approvals Fall To 2yr Low
Approvals for new homes have dropped to the lowest level in two years with apartment approvals falling the most. The trend towards lower approvals means a reduction in dwelling [...]
Chinese Invest $40 Billion In 4yrs
Chinese investors have invested $40.4 billion in Australia in the past four years. This is revealed in new data which also shows 70% of the investments came from Chinese investors [...]
Investors Advised: Ignore Headlines
Veteran adviser and author Noel Whittaker has urged property investors to stop reading newspaper headlines, which he says present misleading information about real estate markets. Whittaker says in a newspaper [...]
Borrowers Seek Bank Alternatives
Borrowers are rejecting traditional banks when applying for loans, flocking to digital, mobile-centric platforms and peer-to-peer lenders. A CommSec Economic Insights report shows loans by non-bank institutions were up [...]
