With rental vacancy rates at an all time low in Sydney, Adelaide and Perth and new property development stagnant in many areas, there is a critical need for investors to return to the market to meet pent up demand.

Japan’s largest fund manager, daVinci Advisers, is believed to made its biggest foray into the Australian property market paying around $100 million for part of the Foundry development on Bourke Street.

Ill health has stopped Brighton identities Keith Allan and Rex Lowe from building their dream home at Mount Macedon.

Western Bulldog recruit Jason Akermanis has finally bought himself a home in Melbourne.

Jason confirmed his house-hunt ended this week, after finding a 4-bedroom period style home (on an extra large block, for the dogs) in the north-west suburb of Essendon. The off-market deal was rumoured to cost the star recruit around $2 million.