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.
Industry body warns housing finance figures are on a "slippery slope"
The Real Estate Institute of Australia (REIA) says the October housing finance figures released by the Australian Bureau of Statistics (ABS) show the number of housing loans is diving.
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.
Expressions of interest for approved McDowall townhouse development site
Expressions of interest are being sought for the sale of a substantial development site that is approved for townhouses in the established north-west Brisbane suburb of McDowall by Ray White Special Projects Queensland.
A third of first home buyers opting for investment property over first home, report reveals
One-third of first home buyers are choosing to purchase an investment property rather than a first home to move into, new research from the Property Investment Professionals of Australia has revealed.