Low income NRAS incentives wasted on university student housing: Grace Mutual

By Jonathan Chancellor at Property Observer Monday, 06 January 2014   Unclear, complex and poorly drafted regulations and laws had hurt the National Rental Affordability Scheme, according to the first public submission to the 2014 Senate inquiry into housing affordability. Poor co-ordination between government departments had undermined property investor confidence, with the submission claiming “thousands”of property

Hot topic: Buying property to secure children a school place

By Stephen Taylor at Property Observer Tuesday, 07 January 2014   Would you? Could you? Perhaps you have already … Falsify your address just to get your little ray of sunshine into the family’s school of choice, that is. Some parents do it; others scheme about it and those secondary schools in their sights –

No sign of cooling in hot housing market

By Christopher Joye at Financial Review January 2, 2014   The housing boom ignited by the Reserve Bank of Australia’s decision to slash borrowing costs to record lows in 2013 shows no signs of slowing. And there is reason to believe that unless the central bank acts to cool the brewing bubble, valuations will become

House prices near record

By Nick Toscano, Adam Carey and Craig Butt at Domain January 3, 2014   David Farrell fears his hopes of buying a Melbourne property have become a distant dream. Photo: Pat Scala Melbourne’s house prices are on the cusp of a new high after rising 8.5 per cent last year, while median unit values rose 8.7

How 2013′s predictions held up: We put them to the test

By Jennifer Duke at Property Observer Monday, 13 January 2014   In December of 2012, Property Observer went to the experts to ask for their predictions for 2013. While crystal ball gazing is notoriously difficult, especially when property is concerned, some insights were remarkably accurate. Others, however, were not so much. See the original prediction article here.  

Caught short: housing sceptics proved wrong

by Christopher Joye at The Australian Financial Review Friday 05 April 2013 The predictable recovery in the price of Australia’s $4 trillion housing market has been brisk. But is it a boom? And what can we expect going forward? Finally, what happened to those prominent housing sceptics who garnered so much air-time prophesying apocalyptic price

RP Data predicts property prices to double

Original Article from: Herald Sun by: Nathan Mawby MORE than 250 suburbs around Australia are predicted to double in value in the next 10 years. And tenants in almost 800 suburbs are potentially set to see their weekly rent double in the same time, according to new research by RP Data. The real estate data

Property Confidence Hits Record High

Original Article from: Design Build Source by: Andrew Heaton Sentiment in the property and construction industry in Australia is on the rise as housing market confidence surges and financing conditions ease, the latest survey suggests. The latest Property Council-ANZ Property Industry Confidence Survey, which polled more than 3,100 professionals from the property and construction sector