Why industry experts are saying now is the time to buy in Melbourne
As the Melbourne property market begins to self-correct after decades of rapid price hikes, experts are tipping an upswing is in store, and buyers should pounce now.
These were Perth's highest growth suburbs last year
Brabham, Madora Bay and Mount Pleasant are among the ten Perth suburbs to have achieved the largest increase in median house price in 2018, according to industry body the Real Estate Institute of Western Australia (REIWA).
Demand for land subdivision sites in South East Queensland remains buoyant
Demand for residential land subdivision sites within South East Queensland's key growth corridors has remained high in 2018 despite a slowdown in sales volumes for residential land throughout the same period, according to Ray White Special Projects Queensland.
Sydney ranked 6th on list of where the super wealthy buy expensive homes
A Knight Frank real estate report tracking high net worth individual investors found Sydney ranks in the top six of ultra-prime cities globally for the number of residential sales above US $25 million.
Industry body welcomes government increase to Keystart home loan scheme
More eligible first-homebuyers will get chance to enter the property market with the State Government extending its Keystart scheme by $420.9 million, in a move the Real Estate Institute of Western Australia has welcomed.
As loan squeeze takes toll on clearance rates, experts call for six-week auction campaigns
SQM Research Louis Christopher is calling for the typical four-week sales campaign to be extended, as the tightening loan approvals process takes its toll on clearance rates.