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Latest news: Real Estate

Dog days over with racetrack turfed out by end of year

Dog days over with racetrack turfed out by end of year

A historic greyhound racetrack will be shuttered by year's end as the housing crunch forces a government to think outside the box and consolidate prized land.

Queer club starts unholy clear out after landlord fight

Queer club starts unholy clear out after landlord fight

Queer club starts unholy clear out after landlord fight

Queer club starts unholy clear out after landlord fight

Queer club Divine Playhouse is clearing out its deconsecrated church venue, after landlords accused it of offensive conduct.

Less than four per cent of social housing target built

Less than four per cent of social housing target built

Less than four per cent of social housing target built

Less than four per cent of social housing target built

There is "considerable uncertainty" the government's signature social housing program will deliver as many homes as promised by the end of the decade.

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Investors returning after budget blow to housing breaks

Investors returning after budget blow to housing breaks

The share of homes bought by investors compared to owner-occupiers is returning to levels seen prior to the federal budget.

Home sellers shy away from auctions as demand dips

Home sellers shy away from auctions as demand dips

More people are looking to sell their homes on the private market as low clearance rates scare vendors away from going to auction.

Family affair: investor tax changes spawn new tactics

Family affair: investor tax changes spawn new tactics

Prospective home buyers are rethinking the type of properties they want to purchase in response to changes to negative gearing and the capital gains tax.

Real estate giants clash in court over marketing claims

Real estate giants clash in court over marketing claims

Australia's two largest online real estate listing platforms are facing off in court after accusing each other of making misleading claims.

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Subdivision reform could trigger a backyard bonanza

Subdivision reform could trigger a backyard bonanza

Subdivision reform could trigger a backyard bonanza

Subdivision reform could trigger a backyard bonanza

Reforms to slash red tape and tackle the housing supply crisis in WA are being investigated, as the state government eyes similar changes across the country.

Housing costs crisis needs 'decades' of falling prices

Housing costs crisis needs 'decades' of falling prices

Housing costs crisis needs 'decades' of falling prices

Housing costs crisis needs 'decades' of falling prices

Recent falling house prices have barely eroded an affordability gap that has built up over years of rising values, as experts warn much more time is needed.

Freefall: home prices notch biggest drop in years

Freefall: home prices notch biggest drop in years

Freefall: home prices notch biggest drop in years

Freefall: home prices notch biggest drop in years

Australia's housing market is undergoing a broad-based downturn with interest rate rises and affordability pressures denting investor confidence.

City to take mantle of nation's most expensive units

City to take mantle of nation's most expensive units

City to take mantle of nation's most expensive units

City to take mantle of nation's most expensive units

Most property markets in Australia will slip in value over the 2026/27 financial year, but there are some outliers in latest data.

'Depraved' property agent barred for co-worker threats

'Depraved' property agent barred for co-worker threats

'Depraved' property agent barred for co-worker threats

'Depraved' property agent barred for co-worker threats

A real estate agent has been barred from contacting his former colleagues after targeting them in a series of menacing emails.

Buyer blow as rising rates offset dip in home prices

Buyer blow as rising rates offset dip in home prices

Buyer blow as rising rates offset dip in home prices

Buyer blow as rising rates offset dip in home prices

Despite property prices falling, the annual income required to afford a median house has risen by thousands of dollars in Sydney and Melbourne since January.

Get back on the tools and fix housing, government urged

Get back on the tools and fix housing, government urged

Get back on the tools and fix housing, government urged

Get back on the tools and fix housing, government urged

A Senate committee has been told Australia's long-running public housing crisis is actually worsening under current policy settings.

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Nation-first stamp duty cut gains federal endorsement

The ACT has abolished stamp duty for first home buyers, prompting calls for other states and territories to follow suit.

Labor shrugs off claim tax shift will sink house prices

The government is selling controversial investment tax changes as an attempt to rebalance the playing field between young and old Australians.

'Huge mistake': how Howard spurred Boomer investors

The share of property investors older than 60 has more than doubled since the capital gains discount was introduced, Reserve Bank of Australia research shows.

Middle ring could be 'hollowed out' by tax overhaul

Tax changes in the federal budget will likely shift property investors to new houses in the outer suburbs and inner-city apartments, economists say.

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'Decline': housing downturn looms as rate hikes bite

Higher rates and affordability pressures are threatening to push the housing market into a decline, with prices in the two biggest cities already on the slide.

Third RBA rate hike might not be the end for borrowers

Mortgage holders are back to square one after a third straight Reserve Bank rate hike, adding hundreds of dollars more to interest repayments since February.

PM rubbishes budget tax speculation as home prices slow

Sydney's home price premium over Brisbane and Perth continues to narrow as values retreat in Australia's two largest cities.

First home buyer scheme leading to housing price rise

House prices for homes under thresholds for a five per cent deposit scheme are outstripping increases for all other homes.

Data reveals key to fixing housing affordability crisis

Two major cities are becoming more unaffordable faster than other capitals, as they build fewer homes relative to population growth than Sydney and Melbourne.

Major capital home prices slip in two-speed market

Australia's housing market is diverging as the biggest capitals go backwards while growth accelerates in mid-tier cities.

Housing sweeteners spruiked ahead of state election

Housing is shaping up as a key election issue for younger voters struggling to break into the property market, as a state government announces two new policies.

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