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Building heights are set to increase significantly, with approval times expected to shorten to 12 months in ten locations under a new fast-track housing initiative by the Victorian Government. The targeted areas include Broadmeadows, Camberwell Junction, Chadstone, Epping, Frankston, Moorabbin, ...
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A proposal has been submitted for a 32-room co-living development in Nudgee, Brisbane. The 868-square-meter vacant lot at 70A St Achs Street is designated for medium-density residential use. Eleganza Projects, known for its expertise in single-home developments, has proposed constructing four b...
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AMP's senior economist Diana Mousina states that there will be "upward pressure on home prices for some time yet." House prices and rental rates across Australia are expected to rise this year, except in Melbourne. A housing shortage, combined with increased immigration, has led to an estimated ...
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A new Priority Development Area (PDA) is set to facilitate the addition of 30,000 homes to South-East Queensland. This will be Queensland’s 36th PDA, allowing development applications in the area to be managed by Economic Development Queensland, a state government agency. PDAs benefit from...
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Herron Todd White (HTW) is the leading property valuers in the country. Each month they release a monthly update and property clock. This gives a fair idea as to what to expect from the property market in the coming months. When looking for a reliable insight into the property market, HTW gives ...
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In recent months, Brisbane's residential property market has demonstrated impressive growth, highlighting its status as one of the nation’s standout performers. With sustained price increases across both houses and units, the city's real estate landscape is evolving rapidly. As we delve int...
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In recent months, the Melbourne property market has shown notable shifts, reflecting both recovery and divergence in housing and unit prices. The latest quarterly data reveals a significant rebound in house prices, marking the strongest growth in 2.5 years. This positive trend contrasts with a de...
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Perth’s real estate market is experiencing unprecedented growth, cementing its status as one of Australia’s most dynamic housing markets. Recent figures reveal that house prices have reached record highs, reflecting a dramatic surge in value. The city’s property sector is not on...
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Herron Todd White (HTW) is the leading property valuers in the country. Each month they release a monthly update and property clock. This gives a fair idea as to what to expect from the property market in the coming months. When looking for a reliable insight into the property market, HTW gives ...
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Mid-sized capital cities continue to set the pace in property value growth, with Perth home values increasing by 2.0% in May, Adelaide rising by 1.8%, and Brisbane seeing a 1.4% uptick. This translates to a median dwelling value increase of over $12,000 in each of these cities on a month-to-month...
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Herron Todd White (HTW) is the leading property valuers in the country. Each month they release a monthly update and property clock. This gives a fair idea as to what to expect from the property market in the coming months. When looking for a reliable insight into the property market, HTW gives ...
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The Australian property market continues its upward trend, as indicated by recent figures from CoreLogic, showing a 0.6% increase in property prices in April. This marks the 15th consecutive month of price growth, with the national median dwelling value now standing at $779,819. According to Ti...
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Herron Todd White (HTW) is the leading property valuers in the country. Each month they release a monthly update and property clock. This gives a fair idea as to what to expect from the property market in the coming months. When looking for a reliable insight into the property market, HTW gives ...
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Melbourne's residential property market experienced a shift in the first quarter of 2024, reversing its previous upward trajectory. Despite recent gains, both house and unit prices have faced setbacks, highlighting the market's ongoing volatility. This analysis delves into the recent trends and t...
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Brisbane's property market continues to demonstrate resilience and growth, with both house and unit prices reaching new highs. The first quarter of 2024 has shown significant movement in the market, marking milestones and highlighting trends that property investors and homeowners should take note...
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Perth’s housing market has maintained its status as a leading performer on the national stage, showcasing remarkable resilience and growth. As we navigate through 2024, the city's property landscape continues to set new records and present exciting opportunities for investors and homeowners...
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Perth has become Australia's fastest-growing capital city, with over 81,000 people—an average of 220 per day—relocating to Western Australia in the 2022-23 period, according to recent data from the Australian Bureau of Statistics. This 3.6% increase is the largest annual rise in the ...
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Herron Todd White (HTW) is the leading property valuers in the country. Each month they release a monthly update and property clock. This gives a fair idea as to what to expect from the property market in the coming months. When looking for a reliable insight into the property market, HTW gives ...
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Herron Todd White (HTW) is the leading property valuers in the country. Each month they release a monthly update and property clock. This gives a fair idea as to what to expect from the property market in the coming months. When looking for a reliable insight into the property market, HTW gives ...
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Brisbane's property market has demonstrated remarkable resilience and growth, with both house and unit prices continuing to rise steadily. This sustained performance highlights the city's robust real estate sector and its ability to recover and thrive despite economic fluctuations. Brisbane ho...
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Perth's housing market is experiencing remarkable growth, driven by strong net interstate migration, increased interest from buyers priced out of other capitals, and a tight rental market. This dynamic environment has propelled house prices to new heights and spurred significant gains in the unit...
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Melbourne’s housing market showed signs of momentum over the December quarter, with house and unit prices both experiencing growth. This upward trend marks a potential recovery period for the city’s real estate market following the downturn of 2022-23. Melbourne’s house price...
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As the most budget-friendly capital city in terms of housing costs, Perth presents enticing opportunities for individuals looking to purchase homes affordably while considering future growth catalysts. Perth's real estate market showcases a broad spectrum of strengths, with particularly notable ...
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As rental prices across the country continue to soar, the Australian rental market is experiencing its longest period of continuous rental price growth on record, according to a recent report from real estate website Domain. The report reveals that renters are facing an alarming escalation in the...
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Work has commenced on the first phase of the Coomera Connector in South-East Queensland, which will act as a "second M1" for the region and alleviate congestion from the M1 Pacific Motorway in southern Brisbane. The $2.16bn project has received $1.08bn each from the Federal and Queensland governm...
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Southern Moreton Islands is a group of islands located off the coast of Brisbane, Australia. It is a popular destination for tourists who enjoy its sandy beaches, crystal-clear waters, and breathtaking natural scenery. However, it is not only a haven for holidaymakers but also a promising investm...
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The property market is booming. People are not only struggling to find properties to buy but they are struggling to find rental properties as well. Co-living, also known as share housing presents an exciting opportunity for property investors while also offering a solution to the rental crisis. ...
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Sydney's property market in 2022 has been characterised by a significant shift from the frenzied activity of the pandemic-era property boom to a more subdued and uncertain environment. After years of rampant price growth, the market has experienced a marked decline in housing prices, resulting in...
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In 2022, the housing market in Adelaide, Australia, experienced notable growth with record high house and unit prices. Adelaide emerged as the only capital city market in the country to end the year on a positive note, with property prices in the region surpassing those of other Australian cities...
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The housing market in Melbourne, Australia, has been a topic of much interest and discussion in recent years, with fluctuating prices and shifts in demand from buyers and renters alike. As of 2022, the market has stabilized somewhat after a period of decline, with house and unit prices showing si...
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In 2022, the housing market in Perth, one of the largest cities in Australia, experienced several ups and downs. While the city saw a rebound in house prices during the December quarter after a previous decline, the pace of growth has since slowed down. Despite this, Perth and Adelaide were the o...
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The Australian housing market in 2022 was characterized by significant changes and challenges due to the ongoing COVID-19 pandemic and the resulting economic uncertainty. Despite the initial slowdown in the market during the early stages of the pandemic, the market saw a sharp rebound in demand a...
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According to new data, some regions in Queensland have seen a significant increase in population growth during the pandemic, with an influx of 24,000 new residents in just three years. Despite the challenges posed by Covid-19, Queensland has experienced high levels of interstate migration, result...
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As the year 2022 comes to a close, we look back at the real estate market and what has happened in the last 12 months. For some, it has been a challenging year but for the property market it was a year of record-breaking sales. Let’s take a look at the top 10 most expensive property sales o...
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Melbourne Investment Melbourne’s property market was one of the highest performing in the country during the pandemic induced 2020-2021 property boom. Melbourne has seen 17.3% gain in values since the pandemic. With the market peaking in February this year. Melbourne’s med...
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As expected, the RBA once again increased the cash rate. This October meeting, they increased the cash rate by 25 basis points. Increasing from the emergency rare of 0.1% in May to 2.6%. It could take between 18 to 24 months to feel the full impact of the rate rises we’ve seen over the past...
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The Queensland Government has backtracked on their proposed “anti-investor” land tax revision after weeks of criticism from the media, industry, and other state governments. The Queensland Government has received weeks of negative publicity and refusal from other state to co-oper...
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The greenlight has been given to Gold Coast builder John Kearney for a seven-storey apartment project located in Coolangatta. The project is planned for a 1,000sqm block and will comprise of 40-apartments. The development is designed to feature two-bedroom apartments at an average size of 100sq...
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A $6.9 million waterfront lot has just hit the market. The property currently only has a derelict beach house. It is perfect for prestige market investors. The property is located in Mission Beach in Queensland far-north coast. The lot is 19.18 hectares and would be ideal to build a new resort....
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Lewis Land Group has submitted plans for the second stage of the $1.5B residential masterplan located in Biggera Waters, North Gold Coast. The three 12-storey apartment buildings will offer 250 apartments, wellness amenities, 5000sqm of communal space and basement parking for 440 cars. The proj...
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Demand I the rental market has continued to increase, and this has also affected the prestige rental market. The most expensive rental to ever hit the Gold coast market with an asking price of $7,500 per week, with a $30,000 bond. The beach house is located on Main Beach Pde, Main Beach, and is...
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The Reserve Governor, Philip Lowe has warned Australians that they need to prepare for substantial interest rate rises in the coming months. Lowe conceded that he does not know how high interest rates may go. Inflation could hit as high as 7% by Christmas and predicted that it may not fall unti...
Read MoreHerron Todd White (HTW) is the leading property valuers in the country. Each month they release a monthly update and property clock. This gives a fair idea as to what to expect from the property market in the coming months. When looking for a reliable insight into the property market, HTW gives...
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A developer is looking to breathe new life in the Coomera Shopping Village with a radical overhaul planned. John Pooter, Developer, is planning a $25 million revamp of the commercial ad retail shopping strip located south of DreamWorld. He bought Coomera Shopping Village and plans to give the s...
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A lucky 100 Queenslanders got to experience a once-in-a-lifetime tour through the Merle tunnel, a part of the Cross River Rail project. The members of the group got to sign their name on a commemorative board that will be preserved on a wall in the tunnel. The rail project will span 10.2km link...
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Australia has a record number of new homes being built and approved plans for builds to commence show that Australia’s building activity is not going to slow down for at least 12 months despite rising interest rates. In the past the first initial rate rise has led to the construction indu...
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The Brisbane City Council has approved a $200 million expansion of the Rivergate Marina on the Brisbane River. This is in preparation for the 2032 Olympic Games, so the shipyard can accommodate superyachts. The plans to expand the 8.4ha maritime precinct at Murarrie was originally submitted in ...
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New plans have been filed for a 27-storey residential development locate din Surfers Paradise. This is from Sydney developer Leith Group, which like many other interstate developers entering the Gold Coast market while it’s at its peak. The development will be only one block back ...
Read MoreHerron Todd White (HTW) report gives an overview of May. Australia’s leading proeprty valuers, HTW’s review of the property market gives an accurate and unbiased opinion on what the current movements of the property are. HTW are a constant reliable source of proeprty market insig...
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A private developer has lodged plans for a new high-rise development located on Chevron Island. The project is a 28-storey building that will comprise of 78 two- and three-bedroom apartments. The proposed project will be the tallest building on the street with most of the street being predomina...
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Domain has released their quarterly report on how each capital city has performed over the past few month. The March report showed that many markets across Australia have begun to slow. The Sydney market only increased 0.2% over the last quarter. bringing the yearly price increase to 21%. The Mel...
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A luxury home in Sanctuary Cove has been bought by an international buyer for $ 10M. 1036 Edgecliff Pl has high-end inclusion and a massive 27m water frontage to Coomera River. The home was built in 2022 on a 1,320sqm block and boasts five-bedrooms, five-bathrooms, and a superyacht marina berth...
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Wagga Wagga Hotel has set a new record for a sale of a country or regional pub sale. The Victoria Hotel was bought buy fund manager Harvest Hotels for $29M. The multi-level venue is located in the heart of Wagga Wagga. The pub features a separate cocktail bar, public bar with TAB, undercover be...
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Queensland’s house prices are still on the rise, with some suburbs jumping an impressive 40% in the last 12 months. As supply in Brisbane has decreased the prices of the surrounding suburbs have now increased. Logan, Beaudesert, Cedar Grove, and Cedar Vale all rose between 42% and 44%, an...
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The most unaffordable cities in the world have been revealed. Hong Kong, China has come in first. Two of Australia's cities have made it into the top 5. With Sydney coming in second, and Melbourne coming fifth. Out of the list of 20 cities that was released, Australia took out 5 spots. ...
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No one could have predicted what happened to the property market last year. The property market boom in 2021 showed the local agents something they had never seen before. The conditions of 2021, including all time low interest rates, high interstate demand, COVID-19, low stock levels, and the ris...
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Pimpama Pimpama has been labelled the suburb to watch. Pimpama is in the perfect position as it is halfway between Brisbane and Gold Coast, just off the M1 Pacific Motorway. Although Pimpama has been around for a while in recent years infrastructure and new housing in the area has rampe...
Read MoreHTW (Herron Todd White) are one of Australia’s leading property valuers. Their monthly market update and Property Clock provides a good insight into where property markets are at and where they are heading. If HTW have a view on markets, we take note. Why? Because they are the people doing...
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This market doesn't favour the slow buyer It’s no secret that the housing market is on the rise. The Domain Report has shown just how drastically the market has shifted. The national median house price has surpassed the million-dollar mark for the first time, now at $1,066,133 in the Decem...
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Around 14% (4.3 million) Australians are living with a disability. The goal of the NDIS is to help these people achieve their personal goals, including independence, community involvement, education, health, and well-being. Currently, many recipients of the NDIS live in less-than-ideal co...
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With a population of roughly 3.7 million Southeast Queensland is considered the fastest-growing area in Australia. It has been forecasted that the SEQ population will increase to 5-Million by the middle of the next decade. Escaping the lockdown in major cities of Australia has been the immediat...
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Moreton Bay - Hotspot for Investment Property The Moreton Bay region is the key growth corridor north of Brisbane, with an economy as diverse as the region and a hive of opportunity on offer. Moreton Bay is the third-largest local government area in Australia by population and has been recognise...
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The land is restrained in south-east Queensland with stock levels jumping almost 70 per cent during 2021, increasing pressure on the buyers, competition, and price growth. The developers in Queensland have been forced to introduce auctions due to land and lots shortage and the tumult it ...
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By the end of the year, Australian housing prices will rise 15 percent before slowing to just 5 percent in 2022, a new Westpac Housing Pulse has revealed. ...
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House prices have increased considerably in all of Australia’s Capital cities, Sydney, Melbourne, Adelaide, Brisbane, Canberra and Hobart with all six at a record high in the third quarter and two again at their highest point in several years. &nbs...
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The 2032 Olympic Games will make Queensland known worldwide but the region will have to work hard to ensure the success of this event. The Brisbane Lord Mayor Adrian Schrinner told ABC that the Olympic Games would bring recognition and prosperity to the city, and this will take a huge amou...
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The interest in regional properties had an impact on the housing market in 2020 and this trend will continue as people take advantage of the opportunity given to them to work from home and create a better lifestyle. &nb...
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The Palaszczuk Government Is launching a bold new housing plan backed by 1.9 billion housing investment, this will be the largest housing project in Queensland’s history. The COVID19 pandemic is putting pressure on interstate migration thus making it harder for people to find a home,...
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What is Co-living? Coliving is a modern form of choosing or communal living. Each resident gets their personal and secure living space in a furnished home, but they share common areas to relax and live such as a living room, kitchen and outdoor entertainment areas. In addition, Coliving homes pr...
Read MoreWe are seeing all over the news stories and reports about the booming housing and rental market in the Sunshine Coast and there are pros and contra to this situation, depending on your financial situation. For those looking for a rental home, the options are minimal, the timeframes for applicati...
Read More2021 continues to deliver promising economic results which look to be further supported by the various stimulus and tax cuts announced as part of last night's Federal Budget. We’ve recently seen unemployment fall to 5.8 per cent as businesses and tourism make steady recoveries. In addition...
Read MoreThe landmark 2021 federal budget is all about business productivity and jobs to drive the post-pandemic economic recovery in Australia. The federal treasurer Josh Frydenberg announced a budget deficit of $106.6 billion for 2021-22, which was little changed from the $108.5 billion deficit the fed...
Read MoreIt’s been twelve months since Australia implemented measures to suppress and control COVID19. During that time, we’ve discovered ways to adapt, endure, and even thrive, in our endeavours. The real estate industry came out with a lot of innovation such as virtual inspections, onli...
Read MoreThe City of Logan is emerging as a global investment hotspot in southeast Queensland, stimulated by a strong economic track record, historic levels of infrastructure investment in the pipeline and business confidence on the rise. Logan has continued to attract a number of multinational businesse...
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Tenants from affordable housing across Australia could find themselves with nowhere to go this year, as key funding that supports lower rents runs out amid the coronavirus pandemic. Thousands of low to middle-income earners could see their rents jump at least 20 per cent in the coming months, wi...
Read MoreGlobal building materials shortages, Government incentives and jump in SE Qld interstate migration is pushing up the prices of new homes. Some insights from our Managing Director, David Brown There is a lot going on in the SEQ housing market right now and a lot of the influenc...
Read MoreThere are certain factors that contribute to a property’s market growth being transport, hospitals and universities are considered the most important ones. The stronger is the spending in infrastructure the more the residential markets pumps up. The development of shopping facilities can a...
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