Australian real estate: Developers are offloading sites amid a 'smorgasbord of opportunities'
Of the 22 development projects funded last year by non-bank lender Salvest, not one has commenced construction.
Source: afr.com
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Sydney house prices: Soaring construction costs start to ease
Residential construction costs surged by a record 11.9 per cent over the past 12 months, but they are now easing amid falling demand, the Cordell Construction Cost Index shows.
Source: afr.com
5 Things you need to know today
Cash rate lifted to 1.35%, economists tip plunge in housing market over next 12 months, Qld nears its energy cap for second consecutive month, + MORE.
Source: switzer.com.au
Every apartment sells for a profit in these 12 Sydney suburbs
Landlords who sold their rental apartments across Sydney’s waterfront suburbs during the September quarter made hefty profits, but the outlook is less rosy.
Source: afr.com