Lockdowns put the hurt on small construction
Small businesses in the construction industry look to have borne the brunt of COVID related insolvencies according to Master Builders Victoria. Analysis of Australian Securities...
How the pandemic supercharged auctions
Auction clearance rates have remained strong throughout successive and lengthy lockdowns around the nation – with the evolution of the popular sales method part...
HomeBuilder a winner for industry
The success of the Federal Government’s HomeBuilder scheme has been confirmed according to new data released by the ABS for the June 2021 quarter. The...
Group says new tax grab a blow to affordability
STAKEHOLDERS in the real estate sector are warning the State Governments proposed new property taxcould exacerbate Victoria’s housing affordability crisis and make home ownership...
Over 6.5k homes get the nod
The home construction industry will have its hands full for some time yet. A total of 6519 new homes applications were approved across Victoria during...
Metricon top builder for the sixth year
Metricon has been named Australia’s number one home builder for the sixth year in a row with the release of the HIA COLORBOND Steel...
Investors look to the regions
Property Investment Professionals of Australia has released its annual Investor Sentiment Survey with the feedback showing that even more investors believe property prices will...
Buying success in hot markets
Elevated demand in a time of continued low advertised supply means many potential purchasers are missing out on buying property, according to a national...
Vaxxed building and construction industry vital
Master Builders Victoria and the Property Council have welcomed the Victorian Government’s announcement to boost building and construction workforce vaccination rates and undertake a...
Turnover hits 12-year peak
CoreLogic is estimating that house and unit sales across Australia are the highest they have been in over a decade. For the year ending August...
Peak body says developer contributions add to house prices
After years of debate on whether municipal endorsed developer contribution plans add to the price of developed land, the Housing Industry Association has applauded...
The regions being loved to death
Regional affordability in regional areas has come under pressure from multiple factors according to the Housing Industry Associations latest Housing Affordability Index. The index is...
Record quarter for detached home builds
Residential construction is full steam ahead despite the industry struggling with labour and material shortages compounded by COVID restrictions. Figures released by the Australian Bureau...
Lockdowns weigh on new home sales
The most recent Housing Industry Association New Home Sales report, a monthly survey of the largest volume home builders in the five largest states,...
Is there an insurance disaster looming?
A leading quantity surveying firm has said Australian property owners are at immediate risk of a massive but preventable insurance blow. MCG Quantity Surveyors said...
Regions benefit from city exodus
New data released from the ABS shows that more than sixty-thousand people departed Sydney and Melbourne to other parts of the country in the...
HomeBuilder slows but reno market lifts
Official results out this week reveal that the forward pipeline of HomeBuilder-supported work is starting to wane, however, the momentum generated by the scheme...
Own a piece of Bendigo history at Fortuna
The yellow and aqua machines have moved into Fortuna Villa Estate and the construction has started for one of the most sought after addresses...
More to property push than interest rates
New analysis of cash rate changes over the past two decades has found that property price growth is less dependent on low interest rates...
Buy or rent?
CoreLogic analysis suggests servicing a mortgage is now cheaper than paying rent on 36.2 per cent of Australian properties, which is higher than the...
Bucking the trend in new home approvals
New data shows that the number of building approvals for new homes was up 3.2 per cent in Victoria in May compared with April,...
A red-hot-run for property listings
The shift from the city to the regions has led to regional Victoria experiencing the shortest days on market since 2010. Regional areas have been...
City dwellers flock to the regions
For those of us living in the regions it has been obvious that city dwellers are fleeing in droves to make a new life...
Ink dry on REA’s acquisition of Mortgage Choice
The REA Group has successfully completed the acquisition of Mortgage Choice Limited following the initial announcement to the ASX in March regarding the transaction. This...