Keep Calm and Invest In Real Estate

Is the property market going to crash? It’s a question that I get asked everyday by most of my property investor clients, and not just the novice buyers, but advanced investors too. And if you find yourself hesitating with investment decisions, … Continue reading

Pundits slam property doomsday predictions

Forecasts that Australian property prices could fall by as much as 40 per cent over the next decade have been rubbished by leading industry analysts. Earlier this week, Professor Steve Keen told The Adviser that Australian properties could suffer a … Continue reading

Gen Ys will lead housing revival: Salt

The Australian housing market has a bright future, and Gen Ys will be the ones to lead it there, a social demographer has claimed. In spite of growing pessimism surrounding the economy, KPMG partner Bernard Salt has told Australian BrokerNews … Continue reading

Rents surge higher than property prices

Rents are growing at a faster rate than property prices, new research has found. According to RP Data’s latest property pulse, in the five years to February 2011 capital city rents grew faster than property values. “The debate over affordability … Continue reading

Building Approvals Fall

Building approvals slumped dramatically in January, reigniting concerns about the ongoing level of underbuilding in Australia. According to the Australian Bureau of Statistics, total residential building approvals fell by 15.9 per cent in January to be 24.8 per cent down … Continue reading

Property market picks up in 2011

After a slow start to the year, BIS Shrapnel is predicting that property will pick up speed in second half of 2011. According to the forecaster’s Building Industry Prospects report, the total number of new dwelling approvals is expected to … Continue reading

Major delays in residential DAs: report

A new report revealed that town planning systems are performing poorly across the country with a large number of development applications being decided beyond the statutory time frame. The First National Report on Development Assessment Performance 2008/09 showed that in … Continue reading

Investors eye property market

Affordability has improved considerably since the beginning of the year, a new report has found.According to Rismark and RP data’s Hedonic Home Value Index, Australia’s housing market flat lined in second half of 2010 – improving affordability issues. Since the … Continue reading

Commercial property takes the eye of investors

Commercial property is representing an attractive option for buyers, according to the Real Estate Buyers Association of Australia (REBAA). Michael Ramsay of Michael Ramsay Property, the Victorian representative of the REBAA, said he had observed an increase in interest in … Continue reading

Developers battle over land close to Melbourne CBD

RESIDENTIAL developers are tussling with industrial and commercial investors in Melbourne’s inner west as demand hots up for land close to the central business district. In the firing line are Yarraville, Footscray, Brooklyn, Spotswood and Altona North. Nathan Bingham, head … Continue reading