News
Property 'major risk for banks'
AUSTRALIAN banks are among the most vulnerable in the region to Europe's debt crisis, according to ratings agency Moody's.
Tide turns as beachfront homes await sale
THE dream of owning a beach shack is still alive with a wave of run-down old beachfront homes sitting on the market waiting for the next tide of new owners.
It cost $2.5m to build, it's on sale for $1.5m
FORMER used car salesman selling his five bedroom double-story beachfront mansion cheap. Interested?
Online scam leaves renters out of pocket
POTENTIAL renters are being warned of an online scam that could cost them thousands of dollars.
Building approvals continue to decline
ECONOMISTS expect the housing sector to remain soft for a while longer after new data showed building approvals continue to decline.
Little Korea set to be built in Tasmania
DEVELOPMENT worth almost $1 billion in Hobart to lure Koreans south to escape the cold and nuclear accidents.
Victorians rebuild from the ashes
REGIONS of Victoria ravaged in the 2009 Black Saturday fires will be rebuilt within four years.
New home sales fall in December
SUCCESSIVE interest rate cuts failed to halt a decline in new home sales in December, a survey shows.
1880s cottage for sale - in pieces
FANCY a home that's a piece of Australian history? There's just one catch – you'll have to build this house yourself.
Household policy hike as values drop
VICTORIAN families face a $117 increase in premiums for household insurance over the next two years as property values fall.
Sydney outperforms on property prices
AUSTRALIAN capital city home prices fell by half a per cent in the December quarter, with Sydney bucking the trend.
Rent set to raise the roof
HOUSE prices might be sluggish, but all signs are pointing to a booming rental market.
Brace yourselves, high rents set to raise the roof
LANDLORDS are in the box seat as more tenants are left facing a shortage of rental properties and higher prices.
Two's company for first home
INSTEAD of renting together friends are pooling their money and buying their first homes.
Nervous borrowers lock down interest rates
BORROWERS fear banks won't pass on future rate cuts, so they're locking in deals now.
Push for white roofs, a cool way to save
GIANT city developments such as Costco will be urged to paint their roofs white to cut indoor temperatures by up to 4C on hot days.
You can't afford a house? Just a myth
SELLING Houses Australia host Andrew Winter challenges the belief that owning a home is out of reach for the average person.
Rental vacancy rates hit six-year high
VACANCY rates for rental properties have surged to a six-year high in an "ominous" development for the property market.
Want a cheap home? Banks forcing cut-price sales
REPOSSESSED homes hit the market, with some selling for a quarter of previous sale price.
Property crash could hurt big four
BANKS need to stash away billions of dollars in case the nation's overblown property market collapses, the IMF warns.
