RESIDENTIAL PROPERTY
All systems go for new Melb super city
MAB Corporation and Gibson Property Corporation's 900 hectares Merrifield master planned community development in Melbourne's north has official started. ... Full story
From defence to prestige
DEFENCE Housing Australia is evolving, making a foray into Sydney’s prestige North Shore market with the launch of a new residential development at Lindfield. ... Full story
Buy and fly, sky is the limit for freebies
DODO founder and property developer Larry Kestelman has teamed up with Qantas to offer as much as 649,000 frequent flyer points to home buyers in Melbourne. ... Full story
Residential property auction wrap up
THE residential property auction market in Sydney and Melbourne are experiencing unseasonably demand. The winter months has failed to cool down home buyers interest, according to Australian Property Monitors. ... Full story
NAB throws weight behind Salta Properties
THE National Australia Bank has singlehandedly financed Salta Properties' $250 million Green Square project in Abbotsford, Melbourne - making it the largest single funded residential development transaction. ... Full story
Window closing for first home buyers
FIRST home buyers in Victoria are expected to rush into the established housing market over the next few weeks ahead of the government's removal of incentives, according to Slater & Gordon. ... Full story
Investors coming out of hibernation
INVESTORS are returning to the residential property market in response to the lower interest rates, according to RAMS. ... Full story
Vacancy rates nudge higher
VACANCY rates across Australia have risen marginally from 1.9% to 2.0% in April, with Melbourne recording the highest rate of 2.7%, according to SQM Research. ... Full story
Buyers set sail for Portside Wharf
BROOKFIELD Residential Properties latest stage release at Portside Wharf in Brisbane has chalked up more than $25 million in apartment and penthouse sales at a VIP event. ... Full story
Sydney needs more apartments
MORE apartments need to be built in Sydney to accommodate for the high percentage of older people downsizing, according to the Urban Taskforce. ... Full story
Sydney rental market tightens
THE Sydney residential rental market has contracted for a third consecutive month, according to the Real Estate Institute of New South Wales. ... Full story
Low rates spurs demand for home loans
HOUSING finance commitments increased by 4.5% in March as a result of home buyers entering the market on the back of low interest rates, according to the Australian Bureau of Statistics. ... Full story
Residential property auction wrap up
THE residential property auction has continued to strengthen last weekend following the Reserve Bank's historic interest rate cut to 2.75%. ... Full story
Home buyers confidence strengthening
AUSSIE home buyers are growing in confidence about the property market recovery and are looking to invest in greater numbers than two years ago, according to the Commonwealth Bank and Mortgage & Finance Association of Australia survey. ... Full story
NRAS 1bn scheme for 10k homes
THE federal government has committed $1 billion to build 10,000 new homes under the National Rental Affordability Scheme. ... Full story







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