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Investor incentives needed as rent prices hit new records

A new report has highlighted the urgency of improving investor incentives as rental prices reach record highs, pushing the affordability ceiling to new levels.

Investors will ‘turn away from Victoria’ due to expanded tax: REIV 

Controversial legislation that will provide a “financial incentive” to rent out empty homes has been announced by the new Allan government.

Home values expected to reach ‘new record’ in 2023

Home values have experienced a steady upward trajectory for eight consecutive months, nearly recouping previous losses.

Building approvals bounced back in August

After a weaker July result, the latest ABS data has revealed that dwelling approvals rose rapidly in August.

Investor sales expected to rise by 2024

A property researcher has predicted an increase in investor and first-time home buyer purchases early next year, highlighting an opportunity for brokers.

Young Queenslanders still gunning for home ownership: RACQ Bank

Queensland’s younger home owner hopefuls are still chasing the dream of home ownership despite economic headwinds, new research has found.

Declining vacant land sales deepen housing supply challenges

Vacant residential land sales have fallen across the eastern states in the financial year 2023, exacerbating the housing crisis in the eastern states, as demand outpaces supply.

How rental pain is expected to push home prices higher

With rents continuing to rise, a new report projecting sale prices through 2025 forecasts tenants on the fence will pursue buying to beat the volatile rental market.

Second-busiest auction week of the year recorded

Auction activity across Australia’s capital cities surged last week, marking a significant rebound in the property market.

Unit demand lifts amid national shortage: CoreLogic

The unexpected rise in migration has driven up demand in the medium- to high-density sector, however, approvals and completions are not keeping up.

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