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AUSTRALIAN REAL ESTATE PORTAL NEWS
Updated:

Asians Buying Up
Asian buyers are affecting Australian real estate as they buy up property businesses in shopping malls, thus pushing up rents. Australian real estate
Author: Bridget Carter::The Australian

Real Estate agent informs on scam
A "whistle blower" on the Gold Coast has taken out a restraining order against the Real estate proprietor he accused. Australian real estate
Sarah Elks::The Australian

RBA Holds the Interest Rate
Problems in Europe have pressured the Reserve Bank of Australia to keep the cash rate unchanged. Australian real estate
Eoin Blackwell: Sunshine Coast Daily

The Future of Australian Real Estate
The property market has been strong over the past year. This is better than other OECD countries. Australian real estate
Marquette Turner

Ray White Hits a Record
Ray White, Australia's largest real estate business has increased sales by 8 per cent for the month of May. Australian real estate
Ray White

Single income families find it difficult
In Sydney prices have soared which makes it hard for families on a single income to source a deposit. Australian real estate
Vikki Campion: The Daily Telegraph

More Chinese lease office space
Because more Chinese are applying to come to Australia the Chinese Embassy has leased more office space to cope. Australian real estate
Marc Pallisco: Real Estate Source

Australian Real Estate

THE QUEENSLAND REAL ESTATE MARKET

Property prices fell after the 1974 flood in Queensland. The shortage will probably now become a surplus of houses in the market. Rise of 5% is too high.
Australian real estate.

BRISBANE After the boom years in Brisbane the market has quietened down. Over the last 12 months values have fallen by 0.7 per cent. Australian real estate.

To the end of the year the market is expected to pick up as building continues to repair and replace houses lost to the floods. Australian real estate.

In some regions of the state values will hold steady. Apartments and strata title will fall. Australian real estate.

NSW PROPERTY AUSTRALIAN REAL ESTATE

Despite the trend to lower prices across the nation 2011 looks like being a good year because of strong investment.
Australian real estate

SYDNEY It appears that slow housing construction will leave Sydney behind Melbourne. Undersupply will keep Sydney prices higher than average.
Australian real estate.

The cost of housing will probably remain even with strata and property increasing slightly. Despite easing in the market rents will get higher. Australian real estate.

Prospects are for apartments and townhouses to rise. The slow investment due to the financial crises is over. Australian real estate.

REAL ESTATE IN VICTORIA AUSTRALIAN REAL ESTATE

This state was the most successful for 2010. It became the most costly place to buy a home in the country.
Australian real estate.

MELBOURNE Population growth has kept prices higher than elsewhere. Melbourne has absorbed 80 per cent of new arrivals In Victoria.
Australian real estate.

Prices began to slide, however, at the end of last year. If values steady in the short term demand will soon pick up, so take advantage of the situation and buy now. Australian real estate.

Interest rate predictions have been totally wrong. They have not continued to rise because the Australian dollar is getting stronger. Australian real estate.

SOUTH AUSTRALIAN REAL ESTATE

This low point in demand will not be sustained. Prices will rise by about 5 per cent in south Australia over the coming year.
Australian real estate.

ADELAIDE NBA prediction is for rises of 1.5 per cent annually. This is down from last year's 5 per cent. In Adelaide the forecast is 3.3 per cent.
Australian real estate.

The First Homebuyers Bonus and finance assistance from builders will help drive the market. Bargain hunters will get things moving. Australian real estate.

This is better than Sydney 2.7, Melbourne 1.3 and Perth 1.6. Properties in the lower price range are expected to increase most. Australian real estate.

REAL ESTATE IN WESTERN AUSTRALIA AUSTRALIAN REAL ESTATE

The cost of housing in Western Australia has not been rising for some time. The mining boom has not pushed up prices along the coast.
Australian real estate.

PERTH Buyers are less interested in property. Low prices are not enticing purchasers. People are chosing to pay high rents.
Australian real estate

Prices and rents are high inland where builders are in short supply. This inequity between cities and the bush continues. Australian real estate.

The belief that buyers are holding off for even lower prices is not soundly based. Buying a home is a long term commitment. Australian real estate.

TASMANIAN REAL ESTATE

Many people have lost jobs in the timber industry. This has decreased demand. Building approvals are down which has to a degree offset this.
Australian real estate.

HOBART The good times seen in Hobart real estate prices has gone. With unemployment increasing, buying a home seems secondary.
Australian real estate

Building workers are hard to find. Head works charges remains high in Tasmania. Population growth is also low. Australian real estate.

There have been calls for the state goverment to help the real estate industry by reducing stamp duty and concessions. Australian real estate.

NORTHERN TERRITORY REAL ESTATE

Despite recent falls, house prices will probably rise 5 per cent over the year. Vacant land is short, so land values will rise faster than houses.
Australian real estate

Within three years Darwin will have the second highest house prices in the country.
Australian real estate

Rents continue an upward trend. There is demand for green attributes in new houses but these are costly. Australian real estate.

Values can only go up. Vacancies in rental properties are low. Local councils need to rethink their policies on providing land for housing development. Australian real estate

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Australian Real Estate Blog

Luxury River-Front Property For Sale - Flooded Only Once (Or Twice)

OPINION by Tim O'Dwyer M.A., LL.B Solicitor Consumer Advocate watchdog@argonautlegal.com.au What do you do when a property you have contracted to sell is damaged (by flood, fire or whatever) before settlement? What do you do if you are the buyer of that...(read more)

Three Tales of Deceitful Real Estate Agents Successfully Sued

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Consumer Affairs Victoria - Lame Response to Corruption Allegation

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Real Estate Regulators - No Fault With Real Estate Agent's Caveat Clause

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Let Me Invite You To Google+

OPINION by Peter Mericka B.A., LL.B Real Estate Lawyer Qualified Practising Conveyancer Victoria Director Lawyers Real Estate Pty Ltd Readers may or may not be aware that Google has announced a new social networking facility that will compete wit Facebook,...(read more)

Conveyancing Consumer Alert - Beware of the Sneaky Stamp!

OPINION by Peter Mericka B.A., LL.B Real Estate Lawyer Qualified Practising Conveyancer Victoria Director Lawyers Real Estate Pty Ltd Real estate agents have no automatic right to lodge a caveat over a client's property to secure the payment of commission....(read more)

Lawyers Selling Real Estate - It's Time!

OPINION by Peter Mericka B.A., LL.B Real Estate Consumer Advocate Real Estate Lawyer Qualified Practising Conveyancer Victoria Director Lawyers Real Estate Pty Ltd I would like to hear from lawyers who would be interested in selling real estate in competition...(read more)

Commission Rage - Real Estate Rabies

OPINION by Peter Mericka B.A., LL.B Real Estate Consumer Advocate Real Estate Lawyer Qualified Practising Conveyancer Victoria Director Lawyers Real Estate Pty Ltd Rabies is a terrible affliction. It can can quickly turn a friendly family pet into a belligerent...(read more)

Silence Is Not Golden In Real Estate Negotiations

OPINION by George Rousos Director Industry Training Consultants george@itc.nsw.edu.au FranÃ§ois-Marie Arouet, better known by the pen name Voltaire, was a French writer and philosopher famous for his wit and for his advocacy of civil liberties, including...(read more)