ATO employs new tools to scrutinise rental property market
The Australian Tax Office is ramping up scrutiny of the rental property market in a bid to stamp out rorts, and from next year will begin approaching real estate agents for information, reports The Australian.
Perth's median house price records modest gain in three months to November
The beleaguered Perth property market appears to be in recovery mode, with Perth's, median house price rising 1.9 per cent to $525,000 in the three months to November, according to the latest REIWA data.
Affordability improves, allowing first-home buyers into the market
The proportion of median family income required to meet average loan repayments declined during the September quarter across all states and territories, according to the September quarter edition of the Adelaide Bank/REIA Housing Affordability Report.
Chinese-born Australians prioritise home ownership: St.George research
"Chinese-born Australians consistently place a high importance around family, particularly with owning bricks and mortar," says St.George’s general manager for retail banking, Ross Miller.
Peppermint Grove, Perth, Australia's least affordable suburb: Bankwest First Time Buyer Report
The average Australian will have to save for 4.6 years to save enough for a 20 per cent deposit on a median-priced home, according to Bankwest's First Time Buyer Report.
Elizabeth Bennet's Pride and Prejudice home for sale
Elizabeth Bennet's home in the much-loved BBC series of Pride and Prejudice, starring Colin Firth and Jennifer Ehle, is on the market for almost $14 million.
Regional property markets outpacing capital cities: CoreLogic
Regional property markets expanded 0.4 per cent during the three months to 30 November, while capital city markets gained only 0.2 per cent, according to the latest CoreLogic November Hedonic Home Value Index.