Property research firm Propertyology has revealed its hottest – and the coldest – local government areas for property investors, and most of them lie outside the major cities.
The election is over and the Liberals have retained government in a somewhat surprising result. Will this cause house prices to rebound, or will they continue to fall?
The low number of new homes being built this year is “of concern” to the Housing Industry Association (HIA) who had not anticipated such a rapid rate of decline.
Prime Minister Scott Morrison’s big pitch to first home buyers has been cautiously welcomed by the property industry and economists amid fears it will increase the risk of negative equity.
While Australia’s property downturn spread to other parts of the nation over April, the national rate of decline eased, with the median dwelling value recording the smallest monthly fall since September last year.