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SECTION: RESIDENTIAL PROPERTY

Strong housing comeback unlikely

SOFTER macroeconomic conditions will temper any chance of a strong rebound in Australia’s housing market, but a gradual recovery is likely after....

Riskier home loans fall to new low

THE value of new interest-only and low doc loans has hit record lows in the March quarter, according to the latest Australian Prudential Regulation....

Land sales reach six-year low

LAND sales across Melbourne fell in the March quarter to their lowest level in six years, but volumes may have bottomed out as lending restrictions....

Rental activity picks up

HOUSING rental activity across Perth jumped by 13% in May, as the improving market begins to absorb some of the sales listing stock. Data from the....

Mirvac travelling along at Voyager

CONSTRUCTION has started on Mirvac’s $300 million luxury residential tower Voyager in Mirvac’s Yarra’s Edge precinct, within Fishermans Bend on the....