Property in Australia

Thumbnail image for Rent or buy property in Australia?

Rent or buy property in Australia?

March 9, 2013 Property in Australia

While on the whole the Australian property market has held up better than the vast majority of developed countries around the world, many people are still not sure whether to rent property of buy property in Australia. There are obvious pros and cons for each of these options which we will cover below. Australian property […]

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Thumbnail image for Property rents soaring in some Australian cities

Property rents soaring in some Australian cities

July 17, 2012 Property in Australia

People moving to Australia to live and work face higher prices to rent houses and apartments in most cities, the latest real estate figures show. Nationally asking rents for houses increased by 0.7% in the three months to the end of June and the rents for apartments went up by 2.5%.

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Thumbnail image for Would a rate reduction revive the Australian housing market?

Would a rate reduction revive the Australian housing market?

April 29, 2012 Property in Australia

As the Reserve Bank of Australia gets ready for Tuesday’s meeting there is widespread belief that a reduction of 0.25% is on the cards. Investors have wholeheartedly gambled on a reduction in base rates with some even suggesting a 0.50% cut is a possibility. If the Reserve Bank of Australia was to decide to maintain […]

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Thumbnail image for Recession? What recession?

Recession? What recession?

February 20, 2012 Property in Australia

The last few days have been very stormy for the Australian government politicians will today have received some relief with news that property finance in Australia is still rising despite the apparent worldwide recession. This is an area of the world which has for many years been a hive of activity with regards to investment […]

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Thumbnail image for Crash, bang, wallop, Australian property prices under pressure – or are they?

Crash, bang, wallop, Australian property prices under pressure – or are they?

February 7, 2012 Property in Australia

Last night’s surprise decision by the Reserve Bank of Australia to leave interest rates unchanged caught many economists offguard. The general consensus of opinion had been a reduction from 4.25% to 4% as a means of supporting the economy from potential outside influences. However, while news that the Reserve Bank of Australia decided against a […]

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Thumbnail image for Rents in Australian cities rising as demand outstrips supply

Rents in Australian cities rising as demand outstrips supply

August 26, 2011 Property in Australia

People moving to work and live in Australia face paying more for rental properties as demand is high, particularly in inner city suburbs, according to real estate groups. Low vacancy rates, improving employment, the end of the first homebuyers’ grant and last year’s string of rate increases have contributing to the rises in rents.

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Thumbnail image for Concerns voiced about Queensland coastal plan

Concerns voiced about Queensland coastal plan

April 14, 2011 Property in Australia

The new Queensland Coastal Plan that shows areas projected to be at risk between now and 2100 by rising sea levels and cyclones has been criticised by the Property Council of Australia. According to Queensland Executive Director of the Property Council of Australia Kathy MacDermott, the Plan introduces major uncertainty and raises a raft of […]

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Thumbnail image for Floods affect Australian property market

Floods affect Australian property market

March 15, 2011 Property in Australia

Natural disasters, including the recent flooding in Queensland, are having a severe impact on the Australian property market with home buyers putting off moving. The latest figures show that property sales and prices have seen their biggest monthly slide ever as prices continue to fall. The RP Data-Rismark Home Value Index for capital city dwellings […]

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Thumbnail image for Overseas buyers increasingly look at Australian property, figures show

Overseas buyers increasingly look at Australian property, figures show

February 23, 2011 Property in Australia

Overseas buyers appear to be increasingly interested in buying property in Australia as a major UK based search website has revealed a massive increase in the number looking for houses. The number of people searching property in Australia in January increased 114%, according to the figures from Rightmove Overseas. Searches for neighbouring New Zealand also […]

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Thumbnail image for Is there a shortage of homes in Australia?

Is there a shortage of homes in Australia?

May 15, 2009 Australia Immigration

Australia is such a large country but only a few areas where population density is quite high. There are many reasons why these highly urbanized centers are few and far between and this phenomenon has been discussed in many forums online. One of the aspects of the discussion that needs to be highlighted is the […]

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Thumbnail image for Buying a house in Australia is not easy!

Buying a house in Australia is not easy!

March 12, 2009 Australia

After landing your job overseas, the very next thing you need to find your accommodations in your new country. Accommodation means finding a home as well as furnishing your new residence. It may seem like a simple job to do but you can only find suitable accommodations only after doing research. Many fall into the […]

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