Property prices outpace wages in three capitals
New data reveals house prices are growing faster than wages in three Australian capital cities, creating an unprecedented affordability gap for aspiring homeowners.
Category : Property Market
Property prices outpace wages in three capitals
New data reveals property values are skyrocketing while wages struggle to keep pace in Sydney, Melbourne, and Brisbane, creating a growing affordability crisis for aspiring homeowners.
Property values trump wages in three Aussie capitals
New data reveals Australian property owners in three capital cities are seeing their wealth grow faster through housing than through their salaries, creating a widening wealth gap across the nation.
Braidwood's Doncaster House: $42.5M Historic Estate
Doncaster House, one of Braidwood's most significant colonial properties, is up for sale with sky-high expectations and a rich history dating back to the 1840s.
Townsville Property Market Heats Up: Weekly Results
Townsville's real estate market is heating up with strong auction results and multiple properties selling above expectations. Discover which suburbs are leading the charge in this week's property wrap.
Geelong Property Market Booms With Multi-Million Dollar Sales
Geelong's real estate market is booming with multiple properties selling for millions and fierce competition at auctions across the region. Discover which suburbs are leading the charge.
ACT prioritises housing density near transport hubs
The ACT government unveils ambitious planning reforms to boost housing density around transport corridors, tackling the territory's housing crisis head-on with smarter urban development.
Shenton Park Hospital faces demolition for new development
A controversial redevelopment plan could see the demolition of Shenton Park Hospital's heritage buildings to make way for a modern residential precinct, sparking community debate about preserving Perth's history.
First Home Buyer Loans Surge 65% After Guarantee Expansion
Australia witnesses a massive 65% surge in first home loans as expanded government guarantees remove major barriers to home ownership. Discover how these changes are reshaping the property landscape.
Brothers in court over massive illicit tobacco bust
Two Perth brothers have appeared in court following one of Western Australia's largest illicit tobacco busts, with authorities seizing millions of dollars worth of illegal cigarettes and vapes.
$28m Rivervale apartment tower gets green light
A dramatic 16-storey apartment complex has been approved for Rivervale, set to become a new landmark in Perth's eastern suburbs with luxury living and stunning river views.
NGM Group Unveils New Newcastle HQ Plan
Newcastle's financial powerhouse NGM Group reveals ambitious plans for a state-of-the-art headquarters in the CBD, promising to revitalise the city centre and create hundreds of jobs.
Inglewood Heritage Home Sale Saves Taxpayers Millions
A stunning heritage property in Perth's Inglewood has been strategically sold, delivering a triple win for taxpayers, housing stock preservation, and heritage conservation in Western Australia.
Wollongong CBD Hotel Plan Breaks Height Limits
A bold new hotel proposal in Wollongong's city centre is pushing boundaries and sparking debate as it seeks approval to exceed current height restrictions, promising economic benefits but raising concerns about precedent and city character.
New Boutique Hotel Project Revealed for Torquay
Exclusive details emerge about Blackwood Development's luxury boutique hotel project in Torquay, featuring 30 premium rooms, ground-floor dining, and a commitment to Surf Coast sophistication.
Floreat 20-storey tower approved despite community fury
Perth Lord Mayor Basil Zempilas slams planning authorities for ignoring local opposition to controversial Floreat high-rise development set to transform suburb skyline.
Shellharbour housing boom may impact Illawarra roads
Major residential developments in Shellharbour could overwhelm local infrastructure, with transport experts warning of significant traffic impacts across the Illawarra region unless upgrades are prioritised.
Forrest's $50M Perth Development Set for Approval
Mining billionaire Andrew Forrest's ambitious $50 million Spicer Estate redevelopment in Perth's western suburbs is poised for approval, promising luxury apartments and commercial spaces.
Kewarra Beach $50M Over-50s Village Construction Starts
Construction begins on Kewarra Beach's $50M over-50s lifestyle village, featuring 72 luxury homes and premium amenities in tropical Cairns setting.
Canberra Developer Keggins Collapses Amid Millions in Debt
Another major blow hits Canberra's construction sector as prominent developer Keggins appoints administrators, leaving creditors owed millions and projects in limbo.
WA's Regional Housing Crisis Blocks Affordable Living
Western Australia's regional towns offer affordable living and stunning landscapes, but a severe housing shortage is preventing Australians from seizing the opportunity.
Newcastle Council to Miss Housing Targets
Newcastle City Council faces mounting pressure as it appears unlikely to meet the NSW government's ambitious housing supply goals, raising concerns about affordability and availability across the region.
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