Despite concerns over tax increases for investors, the spike in first home buyers is encouraging
While there are concerns over property tax on foreign residential property investors slowing economic recovery, recent data shows that first home buyers are more active than ever in Perth, WA, after subdued buyer activity.
Demand from downsizers for prestige property pushes Brisbane onto international stage
An increasing demand for luxury property in the recovering Brisbane market has seen the river city take out 19th place on Knight Frank's 2018 Prime Global Cities Index.
Cool weather sees cooler clearance rates, while prime markets perform well
While preliminary clearance rates and auction volumes dropped slightly over the weekend, the prime markets in both Sydney and Melbourne performed well, as buyers seek 'safe haven' suburbs.