API Australian Property News

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  • 03/13/2010 05:19 PM
  • Assumed first homebuyer profile not right
  • Recent reports have suggested that first homebuyers would be put off buying a property due to rising interest rates but Grow Consulting Group doesn't believe that's the case.
  • 03/13/2010 04:48 PM
  • Fringe suburbs deliver top growth
  • Affordable fringe suburbs have delivered the fastest growth in property prices in Australia’s capital cities over the past decade, RP Data research reveals.
  • 03/12/2010 04:29 PM
  • Units might need TV signal distribution system upgrade
  • People living in units might be left without television when the analog signal switches off, warns a Queensland body corporate company.
  • 03/12/2010 04:20 PM
  • Undersupply not the only obstacle
  • Market forces determine the dwelling size but not the stock supply, according to Housing Industry Association chief executive Graham Wolfe.
  • 03/10/2010 05:19 PM
  • Dwelling quality takes priority over quantity
  • Australians are choosing quality over quantity when it comes to the construction of new houses, Reserve Bank of Australia (RBA) assistant governor Philip Lowe says.
  • 03/10/2010 05:15 PM
  • RBA official identifies housing shortage as key challenge
  • Tackling Australia's housing shortage is one the biggest challenges facing the economy, according to Reserve Bank of Australia (RBA) assistant governor Philip Lowe.
  • 03/10/2010 05:09 PM
  • Home lending drops
  • The number of loans taken out by owner-occupiers in January this year fell by 7.9 per cent, seasonally adjusted, compared to the previous month according to the latest Australian Bureau of Statistics (ABS) figures.
  • 03/10/2010 11:45 AM
  • Fixed rate loans gain market share
  • New mortgagees have recently doubled the Australian market share of fixed rate loans from just below one per cent in January to more than two per cent in February, according to Mortgage Choice home loan February data.
  • 03/09/2010 05:08 PM
  • Interest rate rise prediction
  • The Reserve Bank of Australia (RBA) could increase the official cash rate from its current four per cent to six per cent or 6.5 per cent by the end of next year, according to a Macquarie Research Strategist.
  • 03/09/2010 05:04 PM
  • Ruling gives guidance on the meaning of ‘rent reserved’
  • A recent ruling by the State Revenue Office (SRO) Victoria has provided guidance on the meaning of the term 'rent reserved' in lease provisions. In 2009, Section 7(1)(b)(v) of the Duties Act 2000 (the Act) was amended to make sure that certain lease arrangements aren’t used as a mechanism for avoiding duty.
  • 03/09/2010 04:28 PM
  • Queensland agrees to fresh look at valuations
  • The Queensland Government has agreed to revamp its controversial changes to the state's system for land valuation, in the wake of concerted lobbying from the property industry.
  • 03/08/2010 04:57 PM
  • Some fundamentals of property
  • Land, building or capital improvements and market conditions are some of the fundamentals of property, according to Direct Negotiations buyers advocate Chris Nicolas.
  • 03/05/2010 12:58 PM
  • Rates to affect first homebuyer plans
  • Future interest rate rises could scare first homebuyers off entering the property market, according to a Mortgage Choice survey.
  • 03/04/2010 05:51 PM
  • Vacancy rates the key to rental growth
  • The idea that higher interest rates lead to rising rents is a myth, property researcher Michael Matusik says.
  • 03/03/2010 05:40 PM
  • Defaults can kill home purchase plans
  • Young Australians put their dreams of buying property at risk if they skip payments on telecommunications and utilities bills, according to Mortgage Choice chief executive Michael Russell says.