Canberra Housing Density Low Despite Planning Incentives
New planning laws in Canberra aimed at boosting housing density have not yet led to significant increases, with experts citing slow implementation and market challenges.
New planning laws in Canberra aimed at boosting housing density have not yet led to significant increases, with experts citing slow implementation and market challenges.
Belconnen will see 420 new build-to-rent homes constructed near its markets, boosting housing supply and offering long-term rental options in a key Canberra suburb.
A detailed overview of the Cairns real estate market for the week ending March 22, including auction clearance rates, notable sales, and key trends in property transactions.
Reserve Bank Governor Michelle Bullock purchased a $2.05 million holiday house in Yamba, NSW, settling on the same day the RBA increased interest rates.
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RecommendedA Greens amendment to mandate 50% social housing in the Bellambi redevelopment was defeated 9-3 at Wollongong City Council, with councillors debating density and housing mix approaches.
Canberra landlord Claude Dabrera shares his philosophy of keeping rents affordable to foster long-term tenant relationships and community stability.
Geelong residents are grappling with challenging mortgage decisions as major banks forecast further interest rate increases, impacting local property markets and financial planning.
Heritage NSW has expedited approval for Jerry Schwartz's restoration of the Newcastle Post Office, a historic building set for transformation into a luxury hotel.
Property developer Adrian Fini is set to purchase the heritage-listed Caves House Hotel in Yallingup, pledging to refurbish the iconic venue while preserving its historic gardens and structure.
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RecommendedPerth's housing market faces a severe crisis, with 90% of homes selling above their asking price in a record-breaking surge, driven by high demand and low supply.
WA's stamp duty concessions for new dwellings are a welcome step, but raising thresholds or full exemptions for downsizers could better address market realities and stimulate housing supply.
The WA government has extended and expanded stamp duty concessions for off-the-plan and under-construction units, aiming to support downsizers and increase medium-density housing options until 2028.
The Federal Government is considering limiting negative gearing to investors with fewer than three properties in the upcoming budget. This move could impact rental supply and affordability, with ATO data showing only 4% of investors hold three or more neg
Perth's housing crisis deepens as a recent rate rise slashes buyers' borrowing ability by $19,000, while house prices continue to soar, creating severe affordability challenges.
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RecommendedNew data reveals Canberra's housing market experienced a record-breaking surge in supply during February, with Allhomes reporting unprecedented listings as demand dynamics shift.
The latest auction and sales results for the Geelong real estate market for the week ending March 21 show strong activity with high clearance rates and notable property transactions across the region.
A comprehensive overview of the Cairns property market's auction and sales results for the week ending March 21, highlighting key trends and notable transactions.
A legal roadblock has stalled efforts to impose penalties on empty commercial buildings in Western Australia, frustrating advocates for urban renewal and housing solutions.
New anti-money laundering regulations have sent shockwaves through Australia's real estate sector, with industry leaders expressing deep concern over compliance burdens and potential market impacts.
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RecommendedLatest Townsville real estate data shows auction clearance rates and sales figures for the week ending March 21, highlighting market trends and property performance in the region.
Ricky Hirsch, founder of a failed property business, has been ordered by the court to pay a lender $550,000 plus interest immediately after being found guilty of fraudulent activities.
Perth City Council has voted against a proposal to raise rates for property owners with buildings vacant for over a year, citing economic concerns and potential negative impacts on the local market.
YWCA Canberra and local housing groups end years of silence, exposing repeated and avoidable failings by ACT Housing, with issues predating the pandemic and worsening crisis.
A luxury renovation project in Canberra provides a knock-down rebuild lifestyle, blending modern design with high-end amenities for urban living.
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RecommendedA cherished Latham residence, owned by Kathy and Paul McCarthy for over five decades, has sold, marking the end of an era for the family and the local community.
Residents have gathered thousands of signatures in a community-led effort to oppose a proposed high-rise development, citing concerns over urban density and neighborhood character.
Perth's rental market faces sustained high costs with no relief in sight, as REA Group cites low vacancy rates and strong demand driving prices upward.
A classic bungalow in Hamilton East has been elevated with a contemporary extension by architect Torren Bell, featuring a parents' retreat, open-plan living, and outdoor entertaining areas on a 526-square-metre block.
A generously sized two-storey family home in Carey Bay provides a balanced lifestyle on Lake Macquarie's western shore, featuring four bedrooms, modern amenities, and ample parking on a 616sqm corner block.
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RecommendedDiscover a five-bedroom, two-bathroom home at 133 The Esplanade, Oak Flats, offering absolute lakefront living on Lake Illawarra. Featuring mid-century design, modern renovations, and a private mooring, this property is set for auction on April 18.