Self-styled property mogul sued over alleged $32m investment scheme
A self-styled property mogul is facing legal action for raising $32 million without a licence from investors for dozens of investment schemes.
TAX & LEGAL • Thu, 27 Jul 2023
Is the property market rebound short-lived?
While there have been emerging green shoots of a property market rebound in the first half of 2023, a new report warns headwinds expected in the second half may render ...
HOTSPOTS • Wed, 26 Jul 2023
Over $337bn property loss predicted due to climate change impact
A new research sheds light on the profound impact of climate change in Victoria, with properties facing a colossal threat of a damage bill reaching hundreds of billions ...
HOTSPOTS • Tue, 25 Jul 2023
Gone with the rates: Rental market loses 35,000 properties as lending falls
A new report directly linked the worsening rental crisis to the Reserve Bank’s monetary policy tightening, with the rate rises named as having a hand in the reduced ...
Rising rents to slow as mortgage rates taper off in 2024: CoreLogic
The current high level of rental growth is expected to ease next year, as interest rates come close to peaking and the supply of homes improves, according to an expert.
HOTSPOTS • Sun, 23 Jul 2023
Qld’s rental market sees ‘green shoots’ of easing vacancy rates
A new report showed back-to-back increases in Queensland’s quarterly vacancy rate, sparking optimism of a potential turnaround in the Sunshine State’s rental crisis
Home sales suffer as rate hike impact persists: HIA
While the Reserve Bank hit the pause button on rate hikes in July, a new report reveals that the impact of the last 12 rate rises is yet to fully run its course on home ...
Commercial market ends financial year strong: REIA
Despite the 2023 financial year being ‘a mixed period’ for commercial properties, a new report showed the sector managed to wrap it up on a solid footing.
HOTSPOTS • Thu, 20 Jul 2023
Which Melbourne suburbs have climbed back into the $1m club?
Despite facing macroeconomic and policy pressures, a new report showed several Melbourne suburbs have regained lost ground during the downturn and rejoined the ...
HOTSPOTS • Wed, 19 Jul 2023
