Ben Burston News Today

Surge in Australian real estate

Across the nation, the housing rebound is proving resilient despite higher borrowing costs, and a panel of 10 experts tips median gains of 5 per cent nationally.

The calendar year is on track to be a better one for prospective commercial property investors, a new report has stated.

The number of ultra-high-net-worth individuals in Australia is expected to swell 27 per cent by 2028, according to Knight Frank’s annual Wealth Report, and they are looking for different advice requirements than the average client.

However, even an increase in attendance is unlikely to offset the overall fall in demand for office space as hybrid work stays in play, experts say.

Property experts warn Australia lags the 1.2 million new homes target, agreed by governments to address the shortage of accommodation which has sent rents skyrocketing.  

The heat is coming out of last year’s surprise housing recovery, with the pace of price growth tipped to halve, held back by affordability constraints.

Property: Mirvac ramps up build-to-rent projects with LIV Aston

Property: Mirvac ramps up build-to-rent projects with LIV Aston

Property: Mirvac ramps up build-to-rent projects with LIV Aston