Perth Home Buying Easier in 1990s Despite High Rates
A new analysis reveals that purchasing a home in Perth was significantly more affordable in the 1990s, even with interest rates as high as 17%, due to lower prices relative to incomes.
Category : Property Market
CGT Debate: Winners, Losers, and Housing Market Impact
As the capital gains tax discount debate heats up ahead of the Federal Budget, experts question who benefits. Changes could impact housing affordability, supply, and renters in Western Australia.
Perth Housing: Supply Defines Market Challenges
Perth's housing market faces a severe supply crisis, with prices near $1 million and rents consuming 34% of income. Experts warn of ongoing affordability issues despite recent growth moderation.
Stamp Duty Reform Overlooks Downsizer Concerns in WA
While stamp duty cuts are proposed to boost WA's housing stock, downsizers reveal location and lifestyle are bigger priorities than financial incentives.
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Cooper Connolly Buys Million-Dollar Beachside Mansion at 22
Perth Scorchers cricket star Cooper Connolly has purchased a luxurious beachside mansion in North Beach for over a million dollars, marking a major milestone at just 22 years old.
Crownview Stop Work Order Extended Again
The stop work order at the Crownview development site has been extended again due to ongoing safety concerns, with authorities citing unresolved issues.
Multi-Generational Home Solution for Gen Z Housing Woes
A Perth family invests in a large intergenerational house to support their children amid soaring property prices and rental shortages, highlighting a growing trend in Western Australia.
Townsville Real Estate: Auction and Sales Results
The latest auction and sales results for Townsville real estate for the week ending February 21 reveal key market trends and property performance insights.
Canberra Auctions: Cautious Buyers Amid Rate Rises
Canberra's property auction market is experiencing a slowdown as buyers become more cautious due to recent interest rate increases, with clearance rates dropping and bidding activity subdued.
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Cairns Real Estate: Weekly Auction and Sales Results
Discover the latest auction and sales results for Cairns real estate for the week ending February 21, with insights into market trends and property performance.
Geelong Real Estate: Auction and Sales Results for February 21
The latest auction and sales results for Geelong real estate for the week ending February 21 reveal a dynamic market with strong performance across various suburbs.
Butler Social and Affordable Housing Complex Proposed
Plans for a $28.57 million, six-storey apartment complex with 60 units, including social and affordable housing, have been submitted in Butler, WA, near public transport.
Wollongong Approves High-Rise at Station Precinct
Wollongong City Council has prioritised high-rise development at the station precinct, aiming to boost housing density and urban renewal in the city centre.
Historic Bella Vista House in Newcastle Offers Unique Real Estate
A grand and historic house in Bella Vista, Newcastle, is on the market, presenting a rare chance to own a piece of local heritage with unique architectural features and potential for restoration.
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New Merewether Home Delivers Sophisticated Family Living
A brand-new Hamptons-inspired residence in Merewether Heights features five bedrooms, resort-style amenities, and prime location near beaches and schools, with an auction guide of $2.6 million.
RBA Rate Rise Highlights Cooling-Off Period Importance
The Reserve Bank's recent interest rate hike has intensified calls for mandatory cooling-off periods in property contracts, as experts warn of rising financial risks for buyers in a volatile market.
New Housing Key to Illawarra's Growth, Report Finds
A new report highlights that major housing developments are essential for driving economic expansion and addressing housing shortages in the Illawarra region.
Wollongong Hospital Rezoning Adds 1000 New Homes
A major rezoning proposal for Wollongong Hospital will create 1000 new homes, boosting housing supply and transforming the local area with mixed-use development.
Wickham Development May Reach 43 Storeys
Urban Property's proposed development in Wickham could reach up to 43 storeys, pending approval, marking a significant high-rise addition to Newcastle's skyline.
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Tom Barrass's Resort-Style House Still on Market
The luxurious Western Suburbs property of AFL star Tom Barrass, featuring resort-style amenities, remains available for sale after being listed for millions.
Eileen Bond's $17M Sydney Apartment for Sale After Death
The luxurious Double Bay apartment owned by the late socialite Eileen Bond, wife of businessman Alan Bond, is listed for $17 million, featuring harbor views and a storied history of hosting notable figures.
Sunset Plaza Construction to Start Soon After Plan Changes
Main construction of the Sunset Plaza shopping centre in Ocean Reef is set to begin in weeks after amendments, including replacing a childcare centre with consulting rooms, were approved.
Peet Shares Hit Record High on Strong Land and Home Sales
Peet Limited's shares have surged to an all-time high, driven by robust land and home sales that have significantly boosted the company's profits.
Clausen Opposes $45M Darby Street High-Rise Plan
Newcastle Councillor Declan Clausen voices strong opposition to a $45 million high-rise development on Darby Street, citing concerns over heritage, traffic, and community impact.
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Cannington Apartments Address Disability Housing Gap
Civic Apartments in Cannington will provide 17 purpose-built homes for people with disabilities, aiming to fill a critical shortage in Perth's south-east corridor with modern, flexible living options.
Adelaide's Oldest Quarry Land Parcels Listed for Sale
Multiple land parcels adjacent to Adelaide's oldest quarry on the Hills Face are now on the market, offering rare development opportunities in a historic and scenic location near the city.
Kent Town Pub Reopens with New Housing Towers
A historic pub in Kent Town is set to reopen after redevelopment, accompanied by hundreds of new homes, as the Premier announces urban renewal plans.
Apartment Tower on The Strand Approved in Townsville
Townsville Council has approved a major apartment tower development on The Strand, promising economic growth and modern housing, despite some community concerns.
Morley Galleria Revamp on Track for Christmas Finish
Vicinity Centres confirms the $240 million redevelopment of Morley Galleria is progressing well, with completion expected before the Christmas trading period.
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Morley Galleria Revamp on Track for Christmas Completion
Vicinity Centres, owner of Morley Galleria, announces the shopping centre's major redevelopment is progressing as planned, with completion expected by Christmas 2024.
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