RESIDENTIAL PROPERTY
Cedar Woods remains upbeat
WESTERN Australia based developer Cedar Woods remains positive, reaffirming its 21% profit forecast growth in FY2012 despite weaknesses in the residential property ...
Vacancy rates correction
RESIDENTIAL property vacancies have fallen sharply from 2.4% to 1.8% in January, correcting itself after a substantial increase in December, according to ...
Vendor activity picks up
THE residential property auction clearance rate in Melbourne fell below 60% last weekend, as the number of properties on the market doubled. ... Full story
QLD residential market stabilising
BRISBANE's median house has decreased marginally by 0.2% to $499,000 in the December quarter, the lowest fall since September 2010, according to the Real Estate Institute of Queensland. ... Full story
Sydney clearance rates fall below 50%
THE residential property auction clearance rate in Sydney fell below 50% last weekend, whilst improving slightly in Melbourne. ... Full story
Weak conditions dampen Sunland's outlook
GOLD Coast based property developer Sunland has forecast a lower FY2012 profit result and expects to book a first half year profit of $1 million, due to weak conditions in the residential property market. ... Full story
Devine first half year profit slump
BRISBANE based listed residential property developer Devine Limited has delivered a lower profit result for the first half year due to the slowdown the housing market. ... Full story
Residential listings fall further
RESIDENTIAL properties for sale have fallen for the second month in a row to 368,510, according to SQM Research. ... Full story
Muted start for auction season
THE 2012 auction season is off to a slow start. Melbourne recorded a clearance rate of just 58% last weekend. ... Full story
Perth residential slowly recovering
THE Perth residential property market is showing signs of a recovery in more than 18 months, according to the Real Estate Institute of Western Australia 2011 December quarter results. ... Full story
Consolidated Properties selected for Coopers Plains
THE Queensland government has selected Don O'Rorke's Consolidated Properties to redevelop a $350 million residential community on a 10-hectare land parcel at Coopers Plains. ... Full story
Housing market a tad pessimistic, says NAB
EXPECTATIONS for the residential property market are slightly pessimistic, according to the National Australia Bank. ... Full story
Council rejects Lend Lease 14 apartments project
THE Stonnington City Council has rejected Lend Lease's proposal to build 14 apartment towers in Melbourne's leafy inner eastern suburbs. ... Full story
Packed to the rafters at Spencer St
VICTORIAN planning minister Matthew Guy is reviewing a planning application, which could potentially see 6,400 apartments get built on two city blocks. ... Full story
Australand gets started on Hamilton Reach
CONSTRUCTION has started on Australand's $400 million Hamilton Reach in Brisbane's Northshore Riverside precinct. ... Full story
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