ACT's $816M Housing Debt Restricts Investment Choices
The ACT government faces constraints on housing investment due to an $816 million debt, limiting options for new projects and affordability measures in Canberra.
The ACT government faces constraints on housing investment due to an $816 million debt, limiting options for new projects and affordability measures in Canberra.
UDIA chief Stuart Ayres calls for accelerated housing development in Broadmeadow, aiming for 2029 completion to address Newcastle's housing shortage.
A new luxury hotel, Sebatikel, is set to open on the Ningaloo Coast in Exmouth, offering high-end accommodations amidst the dunes and boosting local tourism and economy.
Treasurer Rita Saffioti supports stamp duty as WA collects $2 billion in property taxes, sparking debate over housing affordability and tax reform.
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RecommendedNew building approvals in Western Australia have reached their highest level since May 2021, signaling a strong rebound in the state's construction sector and potential relief for homebuyers.
A new inner Sydney suburb development is set to enhance economic opportunities for Port Kembla and Wollongong, driving regional growth and connectivity.
The NSW government announces plans for a new suburb in Bays West, Sydney, featuring thousands of homes, green spaces, and transport upgrades to transform the area.
New images reveal towering buildings proposed for a heritage site on North Terrace, sparking debate over development and preservation in the city centre.
A stark divide emerges in Australia's housing markets, with some cities experiencing rapid growth while others face stagnation, driven by economic and demographic shifts.
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RecommendedThe latest auction and sales results for Geelong real estate for the week ending March 1 reveal market trends and key property transactions in the region.
Matthew James Fry and Anna Katarzyna Fry have received approval to construct a staircase from their Dalkeith mansion to the Swan River, marking a significant development in Perth's property landscape.
Latest auction and sales results for Townsville real estate for the week ending March 1, including key trends and market insights.
The Cairns real estate market reported robust auction clearance rates and sales figures for the week ending March 1, with high demand across residential properties.
A prime CBD supermarket in Newcastle's East End Village is attracting investor interest, offering a strategic retail opportunity in a growing urban hub.
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RecommendedTwo Geelong home builders, Hamlan Homes and Levonix Homes, are locked in a Federal Court dispute over copyright infringement allegations involving building designs and marketing materials.
Canberra's housing market shows strong growth in 2026, with house prices rising significantly while unit values struggle to keep pace, highlighting a widening affordability gap.
Western Australia's housing market is in crisis as home prices surge by $5,625 per week, rising ten times faster than wages, according to new data from Cotality.
Sustainable property development often focuses on building features like solar panels, but research shows location is the biggest factor in a dwelling's carbon footprint, with car-dependent suburbs generating nearly double the emissions of inner-city area
Perth's average new land price hits $410,784, an 8.8% quarterly rise, as supply constraints and high demand drive costs upward despite falling sales volumes.
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RecommendedA custom-built double-storey home in Alfred Cove has sold, featuring contemporary finishes, seamless indoor-outdoor flow, and a layout designed for modern living and entertaining.
Emma Dunkley, a mother-of-three in Byford, works multiple jobs to pay down her mortgage amid rising interest rates and living expenses, highlighting broader financial struggles for families.
A Flynn home in Canberra has set a new suburb record, selling for $2.065 million, reflecting strong demand in the local property market.
Canberra's property market recorded robust auction results with a clearance rate of 73.9% ahead of the long weekend, driven by high demand and limited supply.
Discover the latest auction and sales results for Geelong real estate for the week ending February 28, with insights into market trends and property performance.
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RecommendedHousing confidence in the ACT has significantly declined, driven by rising affordability issues and economic pressures, according to recent market data.
New data reveals West Australians are experiencing the nation's highest levels of housing stress, with rising costs and affordability issues causing widespread concern.
New data reveals severe mortgage stress in Perth suburbs like Brabham and Byford, highlighting WA's worsening housing affordability crisis.
Perth's mortgage belt residents are facing significant financial strain as rising interest rates increase home loan repayments, impacting household budgets and local spending.
Latest auction and sales results for Townsville real estate, including key trends and market insights for the week ending February 28.
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RecommendedThe Cairns real estate market saw a mix of auction successes and private sales in the week ending February 28, with strong demand in key suburbs and varied price points.