Letting agents are already reporting increased demand for rental accommodation on the back of the recent two half-percentage-point interest rate increases, which could see the market revert back to the traditional 10% year rental escalations sooner rather......
The Gold Coasts population now stands at 526,300 according to the latest Midwood Report and it is expected to surge past 600,000 by 2010. The Midwood Report predicts the median age of Gold Coasters to rise from 37 years to 44 years by 2026.......
Australia's housing affordability crisis is set to worsen if steps are taken to reduce the attractiveness of tax concessions on investment properties, according to property research consultancy Matusik Property Insights.......
Figures released today show that residential construction failed to grow at all in the September quarter. Low affordability stifled any hope of a sustained recovery for home building, according to the Housing Industry Association.......