Global Real Estate

For NSW, it’s not so much a case of “build it and they will come” as a case of “where will they come from to build it.”

The number of approvals and their timeframes of approvals will be published as NSW tries to reach its housing commitments.

The rental reforms comes as Perth is experiencing the tightest rental market in the country.

The reason why we are struggling to build new homes is because the states have loaded their tax systems onto the housing sector.

KPMG expects a rise of 5.3 percent across capital cities and 4.5 percent across the country by December.

Typical first-time buyers are having to fork out over £400 more per month on their mortgage repayments, according to Rightmove.

The government has also increased first home buyer grants in an electoral bid to target young families.

Experts said the lack of housing supply, increasing prices, and the influx of migrants are driving factors.

Home values across regional Australia climbed 2.1 percent in the three months to April 2024, the highest quarterly increase in nearly two years.

A report has revealed that the Queensland government has received an extra $3.5 billion in stamp duty over the last 3 years.

The government says it has made a fairer system for renters, but a Queensland real estate body says there are several disappointing details in the new laws.

A senior economist says the 2024 budget will do little, if anything, to address housing issues in Australia.

About $6.2 billion will go into the initiative.

Labor is set to bring new legislation that could cut international student numbers, with more than half a million foreign students on Australian soil.

Families with children account for almost 44 percent of all resident living in apartments nationwide, according to the 2016 Census.

Home prices in the most expensive London locations range from around £4.5 million to almost £10 million.

In capital cities which have a greater demand for rental accommodation, prices have risen exponentially—outpacing wage growth.

The coalition government says the moves will ‘encourage landlords back to the rental property market’ and reduce the housing shortage.

The lack of housing stock continues. Results from CoreLogic show home values are rising faster than the pace of growth seen at the end of last year.

The warning comes as the government’s plan to abolish ground rents remains missing in its leasehold reform bill, which is set to be debated in the Lords.