19.7 C
Canberra
Sunday, December 22, 2024

Property News

ACT region’s industrial property sector sets record price

The industrial property sector in Canberra has set new record prices lately, with lack of land availability leading to some of the highest land values in Australia.

Women in property: an analysis

Women have been chasing to catch up with the level of men in the property market, but have they reached them or are they still nipping at their heels?

House prices hit 20-year high, other dwelling prices decline in Canberra

Another quarter, another national house price record broken - but the median price for other dwellings in the ACT, such as flats, has declined.

Australia’s housing market faces major supply crunch

A major supply crunch is on the horizon for Australia’s housing market, with the latest National Housing and Finance Investment Corporation (NHFIC) report predicting dire dwelling shortages.

ACT HomeGround nominated as REIA’s industry finest

ACT HomeGround, a not-for-profit agency, have been nominated in the REIA Awards, proving you can be successful and make a difference.

Canberra’s 2022 auctions kick off with a bang

Canberra's 2022 auctions have started off strong, with this year looking to be another cracker for house prices.

Ginninderry acquires more land

The Ginninderry Project have added to their future land release program, welcoming two NSW blocks to the sustainable community.

Call for better ACT rental standards

While the ACT Government has committed to introducing minimum rental standards, organisations say they’re ignoring other options.

2021: The year of the zoom property auction

The ACT property market made history in 2021, but another groundbreaking record was broken - the number of auctions performed while wearing pyjamas.

Seven property predictions for 2022

With 2022 fast approaching, Chief Economist at Ray White Group, Nerida Conisbee, has provided her expert property predictions for 2022.

Top inspections across Canberra this weekend

Christmas may be only 10 days away but auctions and inspections across Canberra this weekend are still charging on! Here's the top 7 to visit

‘Price explosion’ if superannuation used for homes

Property economists have warned of a 'price explosion', and hardship in retirement, if young Australians are given access to their superannuation to buy a home.

ACT real estate industry honours 40-year veteran, Matthew Herbert

A 40-year veteran of the local real estate industry, Matthew Herbert from L J Hooker Gungahlin, was honoured at the REIACT Awards of Excellence last night, Saturday 4 December.

ACT property prices reach new highs in November

The ACT property market has had another cracker of a month with house price records continuing to tumble across the Territory in November.

Top 7 homes to inspect this weekend in and around Canberra

With auction volumes rising after lockdown, the Canberra market is back on top! Here are the top homes you should view this weekend.

Top 7 homes to inspect this weekend

There are more homes going under the hammer than ever before, making this weekend the perfect time to go inspection house hunting across the ACT. Auction volumes are on the rise across the...

Home ownership dream eluding young Aussies

There is growing concern about how on earth young people could ever afford to buy into the great Australian dream of owning their own home.

New laws to protect off-the-plan buyers in ACT

Buyers in the ACT have started a class action after their contracts were rescinded by 3PG causing them to lose their home deals.

Development in Woden reaches major milestone

Despite access restrictions to the display suite, over 100 of The Melrose’s 185 apartments in Woden, offering either one, two or three bedrooms, were already purchased by 31 October. Colliers Director of Residential...

Who is really buying ACT properties?

The impact of international buyers on ever-increasing property prices in Canberra and across much of Australia might be much smaller than widely believed, according to local real estate experts. A recent survey conducted...

House price rise set to slow next year

House prices will have surged by 22 per cent by the end of the year but economists can see a gradual easing on the way.

Rental reforms pass Queensland parliament

Legislation has passed in Queensland parliament to provide more rights to tenants ending leases, stopping evictions without grounds, and to have pets within rental properties. 

New affordable housing options

The new ‘Flexi-living Homes’ in the fast-growing suburb of Strathnairn are now open for ballot registrations and are boosting the supply of affordable housing in the ACT. Thirty-seven homes are on offer, and...

Canberra’s 10 top-performing suburbs

The acceleration of Canberra’s house prices has been at a historic high, hitting a $950,000 median in August, a significant increase of $250,000 since the beginning of the Covid-19 pandemic early last year.

Lockdown real estate sales update

The ACT lockdown has drastically altered the real estate market and the daily life of real estate agents for the foreseeable future. For Luton Properties Manuka agent Sophie Luton, she feels relieved she...

Sustainable House Day returns as month-long online event

Unique and inspiring sustainable homes are popping up across Australia as the drive for more eco-friendly building action to help reduce carbon emissions becomes more mainstream. Sustainable House Day provides the opportunity for...

ACT rental affordability second worse in Australia

The latest Real Estate Institute of Australia (REIA) report from the June quarter reveals bleak times for ACT rental affordability, while much of the rest of Australia is slowly starting to improve. Across...

Online auctions booming in lockdown

With lockdown impact the property market, local real estate auctions have had to move online if agents wanted houses to keep selling.

Soaring house prices locking out first home buyers

The number of first home buyers has drastically dropped in 2021, with rapidly increasing house prices continuing to lock them out. The latest Australian Bureau of Statistics (ABS) report shows a 20 per...

Mortgagees may be missing refinance deals

Six in 10 Australian borrowers doubt their home loan constitutes a good deal, while more than half agree it's the right time to refinance.
canberra daily

SUBSCRIBE TO THE CANBERRA DAILY NEWSLETTER

Join our mailing lists to receieve the latest news straight into your inbox.

You have Successfully Subscribed!