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Interest Rate Rise Will Hurt Homeowners, REIQ Says

Real Estate News
Wednesday, 05 March 2008

The Reserve Bank of Australia's decision on 4 March to increase the cash rate by 25 basis points to 7.25 per cent will hurt many homeowners and lock out an increasingly number of first home buyers from the market.

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Multiplex Group in Australia and New Zealand Changes Name to Brookfield Multiplex

Real Estate News
Tuesday, 04 March 2008

NEW IDENTITY UNDERLINES POSITION AS ONE OF AUSTRALASIA’S LEADING DIVERSIFIED PROPERTY ORGANISATIONS

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Interest Rates Rise Again: Statement by RBA Chief Glenn Stevens

Real Estate News
Tuesday, 04 March 2008

At its meeting today, the Board decided to increase the cash rate by 25 basis points to 7.25 per cent, effective 5 March 2008.

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Government to Build 100,000 Affordable Rental Properties and Kick-Start Housing Construction Reform

Real Estate News
Tuesday, 04 March 2008

The Australian Government today formally established a significantly expanded National Rental Affordability Scheme.

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New Record Price Expected for Sorrento's THE SISTERS estate

Real Estate News
Monday, 03 March 2008

After ten years and millions of dollars in legal brawling, Sorrento’s historic “The Sisters” estate will be sold.

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Mirvac to Develop $300 Million Melbourne Fruit & Vegetable Markets

Real Estate News
Thursday, 28 February 2008

Mirvac Victoria today (Tuesday, 26 February 2008) bolstered its industrial/commercial division with the announcement it has entered into a joint venture partnership with The Melbourne Markets’ Strategic Alliance to  pursue development options for the future Melbourne markets at Epping.

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Latest News

(05/06) GIP to hold Pipeworks and put a new future in the pipeline

The Pipeworks Fun Market in Melbourne's northern suburbs will be retained by owner Gersh Investment Partners, which will dream up a new future for the site with a joint-venture partner. ...

(05/06) Revised Urban Growth Boundary Will Put Values on the Move

For the third time in six years, the State Government's decision to reassess the city's controversial urban growth boundary (UGB) risks sending residential and commercial property values into a spin. ...

(04/06) Bendigo Population and Property Value Boom

Bendigo's population has reached 100,000 people, and the value of its rateable properties has topped $12 billion, in what is a glowing report card for the provincial town. ...

(04/06) RAAF Association Building, South Yarra, to be Redeveloped by CBus Property

The iconic RAAF Association Building in South Yarra, famous for a huge propeller suspended from its exterior wall, is no longer. ...

(04/06) Uniting Church of Australia to Sell Prominent Church

The Uniting Church of Australia is the latest religious denomination to cash in on the property boom. ...

Latest Blog Entries

(19/05) Could Southbank's apartment market be headed for another over-supply?

Since the start of this year, residential development sites worth more than $80 million have been exchanged, or are under negotiation - in deals expected to result in up to 10 new high-rise towers ove...

(07/02) Complaints with real estate agents

I’ve had a couple of dealings with residential real estate agents this week that have left me very disappointed (as well as angry). ...

(06/02) CBA First to Pass on RBA Interest Rate Rise, and Then Some

The latest interest rate rise, the fourth in the last six months and eleventh straight since 2002, will add about $100 a month to my mortgage repayments. ...

(03/02) When to Bump Rent up and by How Much

Despite being a landlord for four years, I’ve never actually had to impose a rent rise on a tenant. ...

(01/01) What to do with St Kilda Road...

St Kilda Road will always be remembered as the precinct to pioneer high rise apartment living in this city. Dotted in amongst the retained mansions, and tired old office buildings, are some of the mos...