Hotspots


Read the latest on the property hotspots for investment opportunities here.

residential

Low interest rates to spur strong residential building recovery over next three years: MBA

Masters Builders Australia forecasts the value of residential building work done, in real terms, to grow from $46.2 billion in 2012-13 to $60.9 billion in 2015-16.

retail

GPT confirms sale of half stake in Erina Fair shopping centre to Asian interests for $397.1 million

GPT did not name the buyer saying only that sold to a client of Lend Lease Investment Management, a Singapore-based division of the property development giant.

residential

Brisbane house prices fall 1% in March quarter as first-home buyer participation dwindles to 10% of market: REIQ

There was a more pronounced decline in the greater Brisbane market which recorded a 2.3% fall to a median house price of $430,000 off 3,662 sales.

retail

Investor snaps up Rogues Jeanery shop premises on St Kilda's Acland Street on 5% yield

Acland Street has the highest rents among Melbourne retail strips and also the lowest vacancy, at just 2.5% with just two stores out of 80 vacant.

weekend auction wrap

Melbourne auction scene may see rise in bidders in coming months: Mal James

If property numbers remain low and buyer demand remains higher through the winter months, we may see continued increases in the number of bidders at auctions, such as we have seen so far this year.

new south wales

Sydney vacancy rate tightens to 1.7% in April: REINSW

The last time the Sydney vacancy rate was at 1.7% was in April last year.

first home buyers

Slater and Gordon cut conveyancing fees to Victorian FHBs facing grant deadline

The firm’s standard conveyancing fee is $695, meaning eligible first-home buyers will receive a $347.50 discount if they buy a home before July 1.

residential

WA government warns consumers about east coast “property investment spruikers"

The warning follows officers from WA's consumer protection attending a number of free seminars to gauge the content and message being presented to potential investors.

new south wales

Byron Hall, Potts Point penthouse sells at auction for record price

A Potts Point penthouse has sold at auction for a building record price of $1,645,000 through Laing Real Estate agents, Vicki Laing and Simon Polito.

new south wales

Neglected Darlinghurst laneway gets trendy retail revival

A neglected Sydney backstreet is planned to become a trendy laneway retail space as the City of Sydney council looks to lease out a property at 1 Foley Street.

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      Look beyond population growth to supply side criteria: Terry Ryder Terry Ryder
      No matter how high the population growth rate, it won’t create capital growth if developers generate an over-supply.
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      Atria Apartments in Hawthorn offers buyers an opportunity to invest in one of Melbourne’s finest suburbs.

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