Lack of infrastructure projects is slowing down the release of new land, a market watcher says.
Sellers are trying to take advantage of the popularity of some Vic and NSW markets.
Strong growth is expected across WA's regional centres for the rest of the year and into 2022.
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The tightening of lending rates and the growing concerns on affordability will likely push more buyers to go after units.
Other forms of auctions, including online, phone bidding, and in-room auctions, are likely to become popular post-pandemic, an expert said.
REIQ warns that the proposed bill will be the last straw for landlords, majority of whom are mum-and-dad investors.
Victoria’s regional markets recorded their highest annual price growth for houses and units in over a decade.
Regulators should be keeping a close watch on investor activity in the near term, Westpac economists say.
Clocks are ticking for tenants looking to secure a unit in the city before the growth in rents strengthens.
One suburb recorded a 39.3% annual gain in unit prices, the highest across the state.
The expanded version of the scheme will provide a 30-year concession for build-to-rent properties completed until 2032.
Rental vacancy rates remained in favour of landlords during the same month.
Sub-$500,000 properties in these areas can achieve net rental returns of up to 5%.
The platform is addressing the long-standing complexities of the rental market for landlords, property managers and tenants.
The value of the housing market is nearly 30% higher than the combined value of superannuation, the ASX, and commercial real estate.
These markets are either undersupplied or teeming with new residential property listings.
Prior to the pandemic, Victoria was home to more than 200,000 international students.
The NSW North Coast region is currently in a property boom, with prices increasing by as much as 10% over the year.
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