Investor lending declines in most Australian markets
“Housing investor loans have retreated in most parts of Australia over the past year,” according to Shane Garrett, Chief Economist of Master Builders Australia.
Tag: property
Pioneering $100 million project on repurposed Gardiner Train Station land
Prominent private developer DealCorp has secured planning approval for a pioneering new development that will repurpose land created at the recently revamped Gardiner Train Station in Glen Iris.
Owner-occupiers join investors on the sidelines
“The value of lending to investors declined by more than 20 per cent over the last twelve months while lending to owner- occupiers was down by 7.7 per cent. Given such a large drop, we should expect the market to continue to cool,” said HIA…
Adding a touch of luxury to a quality-built home
Industrial design meets contemporary living at The Russet House, located in the tranquil suburb of Paddington in Brisbane, Queensland.
COAG Economic Reform Council should target housing affordability
The Property Council of Australia has welcomed Shadow Treasurer Chris Bowen’s proposal for the creation of a new independent COAG Economic Reform Council to drive long-term reform priorities, and called for its first focus to be on housing affordability.
Unlocking confidence in Victoria’s property industry
The latest ANZ/Property Council Survey reveals that the Victorian property industry’s confidence levels have slowed, with a change of fifteen index points to 126 for the December 2018 quarter. The overall national confidence contracted from 138 to 126 points over the December 2018 quarter. A…
Confidence low nationally but a stable story for WA property industry
Business confidence in the WA property sector remains stable, increasing by 1 basis point in the past 12 months, whilst confidence shifts down across the rest of the country.
Four reasons why confidence is up
South Australia has delivered the nation’s highest level of property sector confidence for the second consecutive quarter – and here are four reasons why.
Sentiment softening in outlook for Australia’s biggest industry
Property industry sentiment across Australia has fallen for the second consecutive quarter with drops in expectations across a number of key indicators including forward work and staffing levels.
NSW property industry confidence plummets
The latest ANZ/property council survey has shown NSW property industry confidence has dropped to the lowest in the nation.
Confidence dips in property sector but remains second highest in the country
ACT Executive Director of the Property Council, Adina Cirson said that despite confidence dropping over the last 12 months, new industry sentiment results demonstrate increasing optimism towards construction and staffing levels – topping the nation in both indicators.
Queensland drop in industry confidence
Queensland’s property industry has followed a worrying national trend, as industry confidence has fallen from 140 index points in September 2018 to 128 index points this quarter, according to the latest ANZ/Property Council Survey.