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Latest news: Real Estate

Real estate investors head west for cheap homes

Real estate investors head west for cheap homes

Skyrocketing rents and modest home prices are luring eastern state investors to Western Australia, where they're outbidding locals buyers to snap up properties.

'A simple life': the reincarnation of rural churches

'A simple life': the reincarnation of rural churches

'A simple life': the reincarnation of rural churches

'A simple life': the reincarnation of rural churches

Rural churches are getting second lives as music studios, luxury homes and cosy BnBs after the COVID-19 pandemic, which left many in search of a quiet life.

Real estate agent jailed for 'hopeless' property scheme

Real estate agent jailed for 'hopeless' property scheme

Real estate agent jailed for 'hopeless' property scheme

Real estate agent jailed for 'hopeless' property scheme

A realtor should have realised his investment scheme was hopeless before losses to friends and colleagues exceeded $1.1 million, a judge said when jailing him.

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Samurai sword-attacking realtor spared more jail time

Samurai sword-attacking realtor spared more jail time

A man will serve a two year and three month sentence in the community under strict conditions after a drug-fuelled attack on two women.

Lendlease Group hit with first strike after $232m loss

Lendlease Group hit with first strike after $232m loss

Lendlease has joined Qantas, Woolworths, Treasury Wine Estates, Magellan Financial and Whitehaven Coal in being slapped with a "first strike" on executive pay.

Australia's rental market woes go from bad to worse

Australia's rental market woes go from bad to worse

Regional areas in the Sunshine State are now the most unaffordable places for renters to live, as affordable housing concerns spread beyond capital cities.

Australian home buyers feeling affordability crunch

Australian home buyers feeling affordability crunch

Not since the late 1980s has it been this challenging for couples with full time wages to service the mortgage on new properties.

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Turnbull double act call for 'more density, everywhere'

Turnbull double act call for 'more density, everywhere'

Turnbull double act call for 'more density, everywhere'

Turnbull double act call for 'more density, everywhere'

Former prime minister Malcolm Turnbull and former Sydney mayor Lucy Turnbull have weighed into housing affordability debate as part of a national address.

Call to build homes to defy climate, save $4b a year

Call to build homes to defy climate, save $4b a year

Call to build homes to defy climate, save $4b a year

Call to build homes to defy climate, save $4b a year

As floods, cyclones and bushfires become more ferocious, costs to home-owners could double by 2050 without changes to the construction code, an analysis shows.

WA slashing red tape in bid to boost housing supply

WA slashing red tape in bid to boost housing supply

WA slashing red tape in bid to boost housing supply

WA slashing red tape in bid to boost housing supply

The WA government will slash red tape to boost the supply of homes across the state, with local government decision making simplified for standalone dwellings.

Steel, construction gears up for tracking carbon load

Steel, construction gears up for tracking carbon load

Steel, construction gears up for tracking carbon load

Steel, construction gears up for tracking carbon load

An Aussie tech start-up has struck a deal with a steelmaking giant for a carbon-tracking pilot that could help to shrink the impact of the construction sector.

Fraudster Melissa Caddick's penthouse auction scrapped

Fraudster Melissa Caddick's penthouse auction scrapped

Fraudster Melissa Caddick's penthouse auction scrapped

Fraudster Melissa Caddick's penthouse auction scrapped

The luxury penthouse apartment formerly owned by Sydney conwoman Melissa Caddick has been withdrawn from auction with plans to sell the property privately.

Lending to buy homes lifts as prices continue comeback

Lending to buy homes lifts as prices continue comeback

Lending to buy homes lifts as prices continue comeback

Lending to buy homes lifts as prices continue comeback

More investors and owner-occupiers took out new housing loans while dwelling approvals also improved a little in August.

Housing recovery entrenched but pace of growth eases

Housing recovery entrenched but pace of growth eases

Housing recovery entrenched but pace of growth eases

Housing recovery entrenched but pace of growth eases

Home values continue to rise but growth has slowed amid more advertisements for stock and the toll of higher interest rates and cost of living pressures.

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More than 10,000 take up regional first home scheme

More than 10,000 home buyers have taken advantage of a federal scheme to buy their first property in regional areas in the first year of the program.

Rent hikes send household spending through the roof

Renters hit with substantial price hikes are having to find room in their budgets by spending less on essentials as well as discretionary goods.

Perth rents rise fastest as housing supply dwindles

Rental prices are skyrocketing in Perth as home vacancy rates plummet amid chronic housing supply shortages and unprecedented demand for homelessness services.

Insurers demand action on risks to stay above water

The financial hit from catastrophes may have dropped over the past 12 months but insurance premiums keep rising, an industry report shows.

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Fraudster Melissa Caddick's penthouse to fetch millions

An apartment owned by Sydney conwoman Melissa Caddick will go under the hammer for an estimated $5.5 million as part of efforts to repay defrauded investors.

Property market blooms on first weekend of spring

The weather is hotting up and so is the property market, with a surge in the number of auctions set to be held over the first weekend of spring.

Investors flock to Brisbane but other cities subdued

Investor lending has jumped in Queensland but fallen in most other key states, with strong property price growth also reported in the state's capital.

Home insurance out of reach as climate disasters surge

The biggest rise in premiums in 20 years has raised concerns households may forego insurance and be even harder hit when the next disaster strikes.

Realestate.com.au owner sees property market rebounding

REA Group says that the fundamentals of the property market are strong and buyer enquiries and house prices have both returned to growth.

ANZ leads big four on climate-aligned banking: report

ANZ is in front as Australia's "big four" move toward more responsible banking as part of a push for net-zero lending and investments by 2050, a report shows.

Staff pulled from Sydney's strategic planning agencies

NSW's primary planning agency, the Greater Cities Commission, has been gutted of staff, but one think tank reckons there's clear logic to the decision.

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