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infrastructure development

Why property investors should care about the Metro Tunnel

It may not be ready to use for another ten years, but Melbourne’s Metro Tunnel project is big, bold and ambitious and is due to transform the way people in Melbourne get around. Intended to cater for Melbourne’s exponential expected population growth by allowing more trains to run in and out of the city, the Read More

Solid housing markets predicted to continue through 2017

Although housing bubble concerns have heightened, experts have a generally positive outlook for Australia’s property markets for the year ahead, predicting continued buoyancy for at least another year. This is according to the Australian Property Institute’s 36th Property Directions Survey, the results of which were taken in September and October. Survey respondents—comprising national property valuers, Read More

Investment property: the gift that keeps on giving?

The holiday season is known as a time of overindulging and overspending; new figures show that the average family splurges between $1,500 and $2,500 in the name of being festive, although for many this figure is a great deal higher. And as Erik Bigalk, founder and creative director of Smart Solutions PR observes: “Often a Read More

Property market roundup by state

The Australian property markets have, for the most part, produced some pleasant surprises this year. The latest data from Corelogic shows that house values in capital cities have increased by 7.7 per cent over the last 12 months, while unit prices have risen by 6.3 per cent. SHARE ON TwitterFacebookWhatsAppGoogle+LinkedInPin It Posted on: December 6, Read More

Virtual reality real estate: are display apartments history?

For most developers, at the top of the marketing agenda is the display apartment. However, with technology continuously making great strides in the development world and a number of other industries, some believe that certain practices should go the way of the dodo. This sentiment is expressed no more so than by Jason Salter, Head Read More

70-storey hotel and apartment building at 383 La Trobe Street approved by Victorian Government

A 70-storey hotel and apartment building designed by internationally renowned Ateliers Jean Nouvel and Architectus has been approved by Victorian Planning Minister Richard Wynne. Developer Sterling Global will deliver 488 one, two and three-bedroom apartments and 196 hotel rooms in the $700 million project at 383 La Trobe Street. SHARE ON TwitterFacebookWhatsAppGoogle+LinkedInPin It Posted on: Read More

Property prices have reached their peak in Victoria

Analysts are suggesting that this year will see Victorian property prices peak  before they fall by 6 per cent or more in the subsequent four years, with an oversupply of apartments dragging the market down. Ratings agency Moody’s and research house CoreLogic have conducted analysis of the Australian residential property market and the results show Read More

Townsville city deal underway with government agreement

Townsville city centre is set to become more vibrant and liveable with accelerated jobs growth thanks to an historic memorandum for its renewal signed last week by the Australian Prime Minister and Queensland Premier. The Memorandum of Understanding lays out plans for all three levels of government to work together to stimulate local business and Read More

Surge in WA unemployment makes it worst in Australia

The Australian Bureau of Statistics (ABS) this week released its monthly unemployment figures which showed WA’s rate rose 0.4 percentage points from a seasonally adjusted 6.1 per cent in September to 6.5 per cent last month. The figures mean WA now has now overtaken South Australia to take the highest unemployment rate in the nation. Read More