RESIDENTIAL PROPERTY
Port Bouvard gets greenlight for Point Grey
PORT Bouvard has secured a planning approval for the proposed residential development at Point Grey in the Peel region of Western Australia. ...
Auctions set to end year on a low
MELBOURNE’S residential property auction market is set to end the year on a trough as clearance rates remain in the 50s, which ...
Perth house prices fall for sixth quarter
PERTH’S median house price has fallen by 2% since June and looks set to record its sixth consecutive quarters of decline as vendors pull properties from the market, according to the Real Estate Institute of Western Australia. ... Full story
Madison Heights tops Brisbane’s seller list
DAVID Devine’s Metro Property Development and Pearls Australasia’s Madison Heights project at Bowen Hills, has racked up the highest number of sales in Brisbane for the June quarter. ... Full story
FKP’s Milton chalks up 100th sale
FKP’s $210 million development, the Milton in Brisbane’s first major integrated Transit Oriented Development, has posted its 100th apartment sale. ... Full story
Surprise fall in residential listings
RESIDENTIAL property listings across Australia fell by 3.8% in August, going against market expectations, according to SQM Research. ... Full story
Villawood Properties goes from strength to strength
VICTORIAN-based residential developer Villawood Properties has posted another profitable year of strong returns in 2011. ... Full story
Auction still stuck in the doldrums
THE residential property auction market has remained subdued. In the second weekend of the spring season, clearance rates lingered in the mid 50s. ... Full story
QLD unit sales bounce back
QUEENSLAND'S unit and townhouse market has recovered, sales have increased by 8% in the June quarter thanks to first home buyer and investor demand, according to the Real Estate Institute of Queensland. ... Full story
Stockland gets green light for Bellvista II community
THE Urban Land Development Authority has approved Stockland’s Bellvista II residential community at Caloundra. ... Full story
Housing affordability worsens
THE improvement in housing affordability in the March quarter has been short-lived. ... Full story
Sydney’s west plugs into NBN
THE Bunya Estate at Doonside in Sydney’s west is set to be the first new broad-acre development to be connected to the National Broadband Network. ... Full story
Salta launches new Richmond residential project
THE City of Yarra has approved Salta Properties new residential development, Riverside Richmond, located on the banks of Melbourne’s Yarra River. ... Full story
Sydney & Canberra buck house price slump
PERTH will experience the most severe house price correction in 2011 and 2012, along with Brisbane and Melbourne, whilst Sydney and Canberra are expected to hold up, according to SQM Research’s Housing Boom and Bust Report. ... Full story
Housing finance demand improves
HOUSING finance commitments have risen by 1% in July to be 5.4% higher over the year, supported by demand from owner occupiers and investors, according to the Australian Bureau of Statistics. ... Full story
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