Investment Property

Labor Party irks industry group

The Real Estate Institute of Australia raised eyebrows as the future of negative gearing changes remains a mystery

Yearly change in rents hits new low

A new report shows that the annual change in both combined capital city and national rents is the lowest figure recorded since 2005

New home sales at rock-bottom level — HIA

A recent report revealed that new home sales decreased throughout 2018 due to the difficulty in accessing finance and dropping prices in Sydney and Melbourne

Sydney property market is more expensive than NY

Despite numerous reports showing that the market has been experiencing drops, a recent study revealed that Australia's property market is still severely unaffordable

Clearance rates plummet

While an increase in auction volumes was recorded over the December quarter, clearance rates fell—reflecting the weakening property market

Downturn could trigger cash-rate cut

Many economists are predicting that the central bank will slash its cash rates this year and in 2020 due to the weakening property market

Rental availability in Sydney spikes

Increasing vacancy rates across Sydney is prompting landlords to consider more flexibility in their asking prices for rentals, in a bid to secure tenants in metropolitan areas

How high can rent go?

Rents that eat up more than 30% of household income are on the rise – but people don't seem to mind paying them

Historic Italian homes for sale for $1

A small town in Italy has listed several properties at a bargain basement price of just $1, in an effort to increase the population in the area