AUSTRALIA’S HOUSING MARKET – AN UPDATE

With so much discussion about the state of the housing market across Australia I thought this an ideal time to update our clients! Australian housing values increased a further 1.6% in July, according to CoreLogic’s national home value index. The latest rise takes housing values 14.1% higher over the first seven months of the year…

2021 BUDGET: WHAT’S IN STORE FOR REAL ESTATE?

Here’s a first look at how the real estate sector is set to benefit from Josh Frydenberg and Scott Morrison’s post-pandemic spending statement. Ahead of the document release, Mr Frydenberg held a doorstop interview outside Parliament House, where he declared “the Australian economy is recovering well”. “Over the last 12 months, the Australian economy has…

IS RENT-FOR-LIFE BECOMING THE NEW NORM FOR FAMILIES?

Young couples planning a family have traditionally been the group most likely to buy their first home. However, high house prices and uncertain employment mean many more young families are staying in rental properties, and experts say regulators need to be kinder to these rent-for-lifers. Caution on Interest Rates The biggest factor in the increase…

Plan SA – Planning and Design Code (the Code)

As of 19 March 2021, a new planning system in South Australia comes online. Regional areas have been working with and under the new planning system for a little while now, but 19 March 2021 marks the day that the new online planning system comes into being for metropolitan areas. You can watch a video…