The Mix

REIA Welcomes National Cabinet Outcome

REIA President, Hayden Groves, said that killing off rent controls, suggesting possible reforms for states to help renters, a revised and funded housing target and long overdue planning overhaul are all things that deal with Australia’s severe housing shortage. More…

Auctions ramp up

Auction activity has rebounded from last week’s stumble, with auction activity across the combined capitals returning to the upward trend seen over the preceding three weeks. More…

Oz Property Prices 3.4% Lower

Australia’s property prices rose again in the 3 months to July (2.9%) but values are down 3.4% annually. This is the highest quarterly movement since January 2022, despite monthly growth slowing to 0.7% from 1.1% in June, according to CoreLogic’s August Monthly Housing Chart Pack. More…

WA Government’s actions to boost housing supply

REIWA CEO Cath Hart has welcomed the introduction of the Duties Amendment Bill to Parliament. More…

Land Sales Fall

Despite the ongoing housing crisis and record levels of immigration increasing demand for homes, land sales have collapsed. More…

Very Few Behind on Mortgages

Many savvy Australians headed to lenders when the best fixed home loan rates were at record lows. The average fixed rates for home loans of three years or less bottomed out at 1.95% in May 2021. More…

20 Suburbs Most Likely to be Affected by AI

Suburbtrends has published a new report naming the top 20 Australian suburbs most likely impacted by artificial intelligence (AI) and automation. The study aimed to gauge AI’s effect on the workforce, using the suburb as a unit of analysis. More…

Only Bank Offering Cashback Deal

Earlier this year, banks vigorously competed for a portion of the refinancing surge by offering cashback incentives, with the goal of enticing borrowers away from their current lenders, as refinances surged. Among the ‘big four’ banks today, ANZ is the only bank still offering a cashback deal to refinancers. More…

WA overturns Aboriginal Cultural Heritage Act

The Real Estate Institute of Western Australia has welcomed the State Government’s decision to overturn the controversial Aboriginal Cultural Heritage Act, saying it’s ‘a common sense solution for all parties’. More…

Landlord’s Frustration at Bad Tenants

Sandy Dennis is a lifelong Greens voter and environmentalist. But 30 years as a landlord, 10 of those in Perth, have left her conflicted between the Greens' tenets of "giving renters a fair go" in "sustainable, quality housing", and being "burnt" by another bad tenant. More…

Regional QLD Booming

Interstate property investors and first home buyers are flocking to central and north Queensland’s regional property market, hoping to cash in on affordable housing in limited supply and offering high rental yields. More…