Australia is currently a landlord’s market, with rental conditions favouring investors over tenants in many parts of the country. That’s explained by the very low vacancy rate (i.e. the share of vacant properties), which fell from 1.5% to 1.2% between May 2022 and May 2023, according to CoreLogic. Investors in much of Australia are enjoying … Read more
The federal government’s Home Guarantee Scheme (HGS) has now helped 100,000 people buy or build their own home since being launched in 2020. The National Housing Finance and Investment Corporation, which administers the HGS, said 34% of the 100,000 people who’d been supported had been regional Australians, while 20% had been key workers such as … Read more
One of the most crucial property indicators is days on market, or the average time it takes properties to sell, and the way this indicator has bounced around over the past year reflects the ups and downs of the housing market. As noted by Ray White Group Chief Economist Nerida Conisbee, days on market across … Read more
Australia needs to increase its electric vehicle (EV) charging stock to prepare for an expected influx of EVs in coming years, according to new research from property group CBRE. To gauge infrastructure readiness, CBRE conducted a stocktake of EV charging stations in Sydney, Melbourne, Brisbane and Perth by analysing: 80 major premium office buildings with … Read more
