Data released earlier this month showed that over the 12 months to June 2016 combined capital city rental rates had fallen by -0.6%. While capital city rental rates are broadly falling, there are regions where rents are still rising.
German supermarket giant Aldi has purchased a four story office building in Sydney's northern suburbs for potential future redevelopment.
The March 2016 edition of the HIA-CoreLogic Residential Land Report provides detailed results relating to prices and sales activity across Australia's residential land markets.
With an unprecedented number of units approved for construction it is incumbent that property and mortgage finance industries manage the settlement risk.
The Australian Bureau of Statistics (ABS) released building activity data last week which showed that a record number of dwellings are currently under construction across the nation.
Latest Housing Market Sentiment Survey by CoreLogic and TEG Rewards reports that Australian’s share mixed views on housing market.
Combined capital city home values have increased substantially since the financial crisis in 2008 however, this is largely being driven by Sydney and Melbourne with value growth muted in most other capital cities.
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Private sector financial aggregates data shows that investor housing credit growth is continuing to slow, how low will it go with most lenders now well below the 10% pa limit providing scope to increase lending to this market segment.
One of the last remaining properties in the Insurance Commission of Western Australia's property portfolio has been sold for $87 million.