Australia Property News

POTENTIAL renters are being warned of an online scam that could cost them thousands of dollars.

ECONOMISTS expect the housing sector to remain soft for a while longer after new data showed building approvals continue to decline.

DEVELOPMENT worth almost $1 billion in Hobart to lure Koreans south to escape the cold and nuclear accidents.

REGIONS of Victoria ravaged in the 2009 Black Saturday fires will be rebuilt within four years.

SUCCESSIVE interest rate cuts failed to halt a decline in new home sales in December, a survey shows.

FANCY a home that's a piece of Australian history? There's just one catch – you'll have to build this house yourself.

VICTORIAN families face a $117 increase in premiums for household insurance over the next two years as property values fall.

AUSTRALIAN capital city home prices fell by half a per cent in the December quarter, with Sydney bucking the trend.

HOUSE prices might be sluggish, but all signs are pointing to a booming rental market.

LANDLORDS are in the box seat as more tenants are left facing a shortage of rental properties and higher prices.

INSTEAD of renting together friends are pooling their money and buying their first homes.

BORROWERS fear banks won't pass on future rate cuts, so they're locking in deals now.

GIANT city developments such as Costco will be urged to paint their roofs white to cut indoor temperatures by up to 4C on hot days.

SELLING Houses Australia host Andrew Winter challenges the belief that owning a home is out of reach for the average person.

VACANCY rates for rental properties have surged to a six-year high in an "ominous" development for the property market.

REPOSSESSED homes hit the market, with some selling for a quarter of previous sale price.

BANKS need to stash away billions of dollars in case the nation's overblown property market collapses, the IMF warns.

IT doesn't matter what kind of housing market we're in, it rarely pays to take a "hit and hope" approach to selling a property.

AUSTRALIAN banks need to save billions of dollars in case the overblown property market collapses, the IMF warns.

GET in quick, Malaysians told. Crackdown ordered as the First Home Bonus is advertised in foreign newspapers.