Property Market News

AUSTRALIA’S RESIDENTIAL property market is, by all accounts, booming. But can the same be said for the commercial property market? The commercial property market is so large and with so many subsectors that you can’t apply a broad brush when talking about its performance, says Steve Palise, Owner and Buyers’ agent at Palise Property. However, […]

With the recent announcement that Brisbane has won the right to host the 2032 Olympic and Paralympic Games, many property investors may wonder if they will find themselves on the winners’ podium if they buy in this city. Should you rush in and buy, with the idea of capitalising on future growth? The simple answer […]

Are world property prices around the globe rising or falling since COVID-19? A FALL in property prices around Australia – and indeed the world – was expected by many due to COVID-19, but the doomsday predictions haven’t come to fruition. There have been some falls, but in many cases prices are actually rising, and in […]

AS WE reach the end of the year it seems Australia’s property market has been heating up, with greater sentiment, activity and price growth. The latest CoreLogic figures show the market continued its recovery in November, with prices rising for the second month in a row. Dwelling values rose by 0.8% over November and 0.4% […]

AFTER MANY months of speculation, the New South Wales Government has revealed its plan to overhaul stamp duty in the state. What is it all about? The measure, announced as part of the 2020-21 NSW Budget handed down on Tuesday, will be open for public consultation until March so the community can have a say. […]

IN A MOVE designed to strengthen the economic recovery from the COVID-induced recession in Australia, the Federal Government recently announced reforms to responsible lending laws. By removing responsible lending obligations from the National Consumer Credit Protection Act 2009 (NCCP), with a few exceptions, the changes mark a move away from the ‘one size fits all’ […]

Is the office as we know it dead? MUCH has been said about the future of workplaces since COVID-19 forced some major changes to office life as we know it,  kicking flexible work practices into gear. At this stage, no one really knows how offices will look in the future as uncertainty still abounds, but […]

Is the new HomeBuilder grant scheme enough? IN THE AFTERMATH of COVID-19, things are changing all the time, including restrictions and the impact these are having on a range of industries, including property. So far the property market seems to be holding up pretty well, with minimal falls in values. But it’s a different story […]

Having caught up recently to co-present on a Depreciation-centric webinar in the lead up to the End of Financial year, Peter Foldes from Washington Brown was able to chat to leading property analytics researcher Terry Ryder (Owner and Creator of Hotspotting) regarding the effect of the COVID-19 Pandemic on Real Estate around Australia. Terry, mainstream […]

Should stamp duty be abolished? THE POTENTIAL abolition of stamp duty in Australia has been proposed and discussed for at least a decade, but recently there have been fresh calls from many corners to do away with the property tax. Economists in particular – starting with Ken Henry way back when he authored and delivered […]