RESIDENTIAL PROPERTY
QLD govt approves major development
THE Queensland government's Urban Land Development Authority has approved Peet Limited's 12,000-dwelling development at Flagstone, 38km south-west of Brisbane. ... Full story
Auction delivers consistent result
MELBOURNE'S residential property auction market has passed its first big test since December last year, recording a clearance rate of 66% from 1053 auctions on the weekend. ... Full story
House prices steady
NATIONAL house prices have remained steady in the September quarter, at $533,480 compared to $533,695 in June, according to Australian Property Monitors Quarterly Housing Report. ... Full story
Low rates reigniting home buyers confidence
LOW interest rates and flat property prices are fuelling house market optimism, new research shows. ... Full story
AVJ delivers world class Rec Club
AVJennings has unveiled its new $3 million Rec Club at Elysium Noosa masterplanned community in the Sunshine Coast. ... Full story
Sydney rental market tightens further
THE rental market in NSW has continued to tighten. In Sydney, the vacancy has fallen from 2.7% to 2.5%, according to the REINSW. ... Full story
Perth house prices remain stable
PERTH'S median house price has remained stable during the September quarter at $482,000, according to the Real Estate Institute of Western Australia. ... Full story
Auction market set to be tested
MELBOURNE'S residential property auction market has delivered another consistent result last weekend, but the market is set to be tested next weekend when 1,200 properties will go under the hammer, the highest volume in almost two years. ... Full story
No housing bubble in Australia
AN undersupply of homes will insure Australia from the danger of a housing bubble, according to senior Treasury economist David Gruen. ... Full story
SA govt gives housing a shot in the arm
SOUTH Australia’s troubled building sector is about to get a boost, with the State government yesterday announcing grants of $8,500 to buy a newly built home available to all home buyers. ... Full story
Buyers flock to Winged Keel
BUYERS have swooped down on the luxury waterfront development, Winged Keel, in Robina on the Gold Coast, purchasing more than $18 million worth of properties. ... Full story
Crown Group launches last stage at Top Ryde City
CROWN Group has launched Silvana, the final stage of its $500 million Top Ryde City Living development. ... Full story
Home loan demand growth slowing
LOW rates of credit growth are set to continue with a risk to the downside, according to JPMorgan and Digital Finance Analytics’ (DFA) new Australian Mortgage Industry report. ... Full story
Rental market squeeze
THE level of residential vacancies remained tight at 1.8% in the month of September, according to SQM Research. ... Full story
New pricing fuels demand for Hilton apartments
THE Hilton Surfers Paradise has recorded $15 million in apartment contracts since August, bringing total 2012 sales to more than $56 million. ... Full story
Abacus in Clayton sale leaseback deal
DR Frank Wolf's Abacus Property Group has bought an industrial...Vic planning minister referred to anti-corruption watchdog
VICTORIA's ombudsman has reportedly referred the state planning minister Matthew...Developer buys Glen Waverley industrial
A PRIVATE developer has paid $2.65 million for two adjoining...Brisbane gets new 5-star hotel
SHAYHER Group, backed by Taiwanese conglomerate Par Jar Group, has...
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