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Investors primed to pounce on Aussie property market

Investors primed to pounce on Aussie property market
macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.

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Regional v capitals: Where will buyers flock in 2021?

Regional v capitals: Where will buyers flock in 2021?
By Bianca Dabu
25 February 2021
|
1 minute read
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The latest
Property Outlook Report by REA Insights found that, at an aggregate level, all parts of Australia experienced a lift in house and unit prices amid the global pandemic.
According to the report, Canberra, Hobart, regional NSW and Victoria took the lead in house price growth, while Darwin and Hobart were the top-performing cities for unit growth, along with towns in regional Western Australia, which benefited from the resurgence of the mining sector.
“The unusual nature of the recession being productivity driven, as opposed to finance led, meant house prices across Australia didn’t fall,” REA Group’s chief economist, Nerida Conisbee, said in a statement. ....

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$3m-plus suburbs double during the pandemic as allure of luxury property grows

With more Australians racking up more savings than ever before and affordability improving across the real estate market, the allure of luxury properties has never been stronger. ....

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How auction markets are tipped to change in 2021

How auction markets are tipped to change in 2021
smartpropertyinvestment.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smartpropertyinvestment.com.au Daily Mail and Mail on Sunday newspapers.

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Byron Bay house prices surged by 36 per cent in 2020, realestate.com.au data showed

Celebrities and cashed-up city folk flocking to Byron Bay have forced up house prices 36 per cent in just a year as locals struggle to find a home.
The once-sleepy hippie haven on the New South Wales far north coast used to be lined with plenty of affordable shacks near the beach.
But in recent years, those fibro houses have been bulldozed and replaced with water view mansions, some taking up three blocks.
Movie stars like Chris Hemsworth and Zac Efron also moved into the town that was once renowned for its barefoot artists, surfers and rainbow bus tours to Nimbin. ....

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