Australia & New Zealand

Investors fear housing bubble will pop

Thu, 11 Mar 2010 02:47:11 -0600

WHEN the chief executive of the Commonwealth Bank, Ralph Norris, recently caught up with investors in New York, talks soon turned to the topic of the heady Australian housing market.

Fraser Island assets up for sale

Thu, 11 Mar 2010 02:28:42 -0600

Kingfisher Bay Resort Village Pty Ltd have appointed exclusive agents Jones Lang LaSalle Hotels to market for sale their multi-award winning freehold and leasehold resort interests and associated businesses on Fraser Island.

Rental Crisis Looming In Auckland, Property Manager Warns

Mon, 08 Mar 2010 03:08:39 -0600

A residential rental crisis is building in New Zealand's largest city as landlords continue to downsize their portfolios, according to long time property management agency Bobergs First National.

New Zealand: Special Report

Thu, 04 Mar 2010 04:12:27 -0600

In our latest special report on New Zealand property we profile three investment picks from some of the country’s top agents. New Zealand is ranked by many of Singapore’s leading agents as one of the top three international destinations for real estate investment, due to its stable economy, top class infrastructure, high long term returns, stunning scenery and easy access from Asia.

Property fund managers to continue M&A

Wed, 03 Mar 2010 02:48:29 -0600

The Australian Direct Property Investment Association’s (ADPIA) most recent industry survey shows that almost 75 per cent of property fund managers are considering merger and acquisition activity over the next 12 months.

Australia property sales hit record

Tue, 02 Mar 2010 01:42:41 -0600

SYDNEY — Australian real estate prices are rising strongly and show no signs of abating, analysts said Monday, after weekly sales in one state hit a record 1.025 billion dollars (920 million US).

Australian property values up 1.8 percent in January: RP Data

Fri, 26 Feb 2010 02:44:28 -0600

Australia's runaway property market is refusing to slow, with the average home rising almost 2 percent in value last month.

Banks hit Multiplex investor payments

Mon, 22 Feb 2010 02:28:21 -0600

Banks banned a $701 million property fund from paying investors and its manager.

Housing recovery unconvincing

Fri, 19 Feb 2010 02:53:40 -0600

The New Zealand residential property market recovery is looking a little underwhelming according to a report by Mike Pero Mortgages.

James Young: Changes to property depreciation must deliver

Thu, 18 Feb 2010 03:45:02 -0600

The future of the complex rental market and taxes is difficult to judge, writes senior property lecturer James Young

Trade-up buyers push house prices higher

Mon, 15 Feb 2010 03:04:10 -0600

DEMAND is up as home owners take the opportunity to upgrade before interest rates rise.

New Zealand Property Market Shows Signs Of Cooling Down From 2009's Frenzy

Fri, 12 Feb 2010 02:32:37 -0600

In 2009, investors were clamoring to purchase property in New Zealand, leading to a major boost to the country's real estate market. It appears, however, that things are cooling down. Across the region, property values are up from a year ago, but questions surrounding the job sector, interest rates and proposed tax changes are creating uncertainty for the market's future.

Change in property rules 'inevitable'

Thu, 11 Feb 2010 02:34:48 -0600

Property investors will find it hard to argue they should continue to claim depreciation of buildings that were increasing in value while not paying tax on that increase, Tax Working Group member John Shewan says.

A bonus is a must, says the real estate crowd

Mon, 08 Feb 2010 03:26:26 -0600

A cutback in executive performance payments has implications for those selling houses, writes Property Editor Jonathan Chancellor.

Rental squeeze forces students into hotels

Mon, 08 Feb 2010 02:49:57 -0600

The Australian National University (ANU) has been forced to accommodate nearly 280 first year students in Canberra motels.

Property in Australia becoming less affordable as prices rise and supply falls

Tue, 02 Feb 2010 02:27:30 -0600

Australian real estate market is regarded as having weathered the world economic downturn well but now concern is growing that rising property prices means that an increasing number of owners are struggling to meet their mortgage payments.

Australian Property Market Boom

Tue, 02 Feb 2010 02:03:05 -0600

As some experts predict a further fall in house prices in the UK, on the other side of the globe Australia is seeing house prices soar dramatically.

Living the dream as a landlord

Mon, 01 Feb 2010 03:28:11 -0600

BECOMING a landlord is the aim of many, but you need to know what you're doing. Property investing is the subject of countless books and seminars in which so-called experts talk about the easy millions to be made.