Mortgage holders are set to receive potential relief from the Reserve Bank of Australia’s (RBA) forthcoming interest rate decision. Major banks including Westpac, Commonwealth Bank, and NAB expect a rate …
PROPERTY
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Plans for a monumental redevelopment of the Gold Coast Turf Club in Bundall, estimated at a billion dollars, have been unveiled. This ambitious project, a collaboration between the Gold Coast …
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In a bid to assist first-time home buyers, the Queensland government will announce a new shared equity initiative in today’s state budget. Known as the Boost to Buy scheme, it …
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A revised development application has been submitted for a striking 101-storey skyscraper in Southport on the Gold Coast, aiming to become Australia’s tallest building, surpassing the current titleholder, Q1. Known …
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Young Henry’s Brewery, a beloved fixture in Newtown, Sydney, faces an uncertain future as the Inner West Council reviews a proposal for a new building project that could lead to …
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The Australian housing market has reached a significant milestone, with the average dwelling price exceeding $1 million for the first time, according to recent data from the Australian Bureau of …
- National
Interest Rate Reductions Drive Surge in Property Prices, with More Increases Anticipated
by adminProperty prices in Australia saw a notable increase last month, buoyed by two interest rate reductions by the Reserve Bank. The Cotality Home Value Index indicated a national rise of …
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Retirement living in Sydney is undergoing a significant transformation, shifting from traditional sprawling communities to modern high-rise developments designed to enhance the lifestyle of residents. These new vertical retirement villages …
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Recent analysis has uncovered suburbs in major Australian cities where mortgage payments are lower than the median weekly rental costs. In Sydney, the average weekly rent stands at $787, while …
- Finance
What Impact Will the Reserve Bank’s Rate Cut Have on Property Price Increases? It’s Not Straightforward.
by adminThe recent interest rate cut by the Reserve Bank of Australia (RBA) to 3.85% has led to expectations of an increase in property prices due to the significant housing shortage. …