• Thu
  • Sep 18, 2014
  • Updated: 4:45am

Australia property

Australian firm eyes Chinese investors for property trust

Property Joint Ventures, an Australian firm, hopes to exploit the growing interest in offshore property investments among wealthy mainland Chinese by offering them an opportunity to invest in its privately-run real estate trust.

Wednesday, 29 May, 2013, 3:21am

Office market in Perth, Brisbane to slump, bank says

Vacancies in Perth's central business district will surge to 17.5 per cent in the next three years from 6.5 per cent now, and in Brisbane will soar by about 10 percentage points to 23 per cent, analysts led by Lou Pirenc wrote in a note this week.

29 May 2013 - 3:21am

Buyers swoop in on Sydney

Sdney might be joining New York, London and Hong Kong as world cities with the most expensive housing. That's the Aussie buzz following a white-hot, late-autumn auction period, where even "a dilapidated terrace with rotting carpets and holes in the ceiling" was auctioned for A$800,000 (HK$6.01 million).

29 May 2013 - 3:21am

Australia's housing investment 'won't fill' GDP gap from mining slowdown

Australian housing investment is unlikely to fill the void left in the nation's economic growth by a slowdown in the mining industry, says JPMorgan Chase.

1 May 2013 - 3:44am

Investors dominate the Australian housing market

The value of home-loan approvals for investors rose 4 per cent in December from a year ago in seasonally adjusted terms, while mortgages for owner-occupiers fell 1.8 per cent in the same period, government data show.

13 Mar 2013 - 5:06am

Australian home asking prices on the rise

Asking prices rose 0.4 per cent for apartments and 1.5 per cent for houses in the 90 days to February 19 across the nation's eight major cities, the Sydney-based researcher said.

27 Feb 2013 - 5:04am

Building approvals in surprise decline

The number of permits granted to build or renovate houses and apartments fell 4.4 per cent from November, when they rose a revised 3.4 per cent, the Bureau of Statistics said in Sydney on Monday. Job advertisements dropped for an 11th month in January, capping the worst skid since the 2009 global recession.

6 Feb 2013 - 4:59am

New Zealand homes less affordable than in Australia

New Zealand homes became less affordable than Australia in 2012 as constrained land supply and government levies, combined with low borrowing costs, pushed prices higher, according to a survey.

23 Jan 2013 - 4:47am

Asia-Pacific's time to shine

One person's challenge is another's opportunity, or so the saying goes. In the context of property investment, the euro zone's continuing woes seem to augur well for Asia-Pacific markets.

A global research report by real estate services firm DTZ suggests that from an investor's perspective "most Asia-Pacific markets remain attractive", considering the degree of uncertainty elsewhere.

23 Jan 2013 - 4:47am

Australia home prices may see rise by up to 10pc

Australia's flagging property market is poised to get a boost from record low interest rates and a housing shortage that could increase prices by as much as 10 per cent this year.

9 Jan 2013 - 3:26am