What Are The Cheapest Houses in Sydney To Buy?

Where can you find more affordable housing in the world’s second most expensive city?

What Are the Cheapest Houses In Melbourne To Buy?

Where can you find more affordable housing in Australia’s second most expensive city?

End of week ASX wrap: 12 August 2022

The ASX200 closed today at 7,032.50 points, down 38.50 points or 0.54%. Since Monday, the market is up 10.7 points or 0.2%.

Newmark Property REIT (ASX: NPR) announces FY22 results

Nemark Property REIT listed on the ASX in December 2021, with the company announcing over $50M in statutory net profit

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Arena REIT (ASX: ARF) announces FY22 results

Arena REIT announced net operating profit moved up 8.4%, with the company maintaining its 19.8 year portfolio WALE

Charter Hall Long WALE REIT (ASX: CLW) FY22 results: Profit up 47.5%

The company completed some major acquisitions for the financial year, including the ALE Property acquisition in partnership with Hostplus

Dexus Convenience Retail REIT (ASX: DXC) records $82.6M profit in FY22 results

Distribution per security was 23.1 cents, representing an FFO payout ratio of 100%

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Bamfa Properties submits plan for $350M Burnley office project

The news follows the sale of the neighbouring site to Charter Hall, which will become home to Australia Post’s HQ

Iris Capital appoints Descon Group for $800M V&A precinct

The twin tower project will be the largest Broadbeach project to be delivered in over a decade

Gurner & Qualitas submit plans for $450M Parramatta build-to-rent precinct

The 12 Hassall Street project will be the duo’s first such development in Sydney, and comes as the vacancy rate is below 1%

PAYCE and Deicorp partner for Melrose Central

Retail and residential precinct will be serviced by the soon to completed Parramatta Light Rail

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Rate discounts for less risky borrowers on offer

With interest rates on the rise, borrowers with larger deposits and equity in their homes can access discounted rates

Investors to sell up if WA rental reform instated

61% of rental owners indicate they would sell if proposed changes to laws are accepted

Reserve Bank raises interest rates for the third consecutive month

As expected, the RBA has increased the cash rate to 1.35%

Nano expands digital home loan offering

Latest digital product offers borrowers full approval in under 10 minutes, says CEO

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Canberra remains Australia’s most resilient office market

New data has revealed Canberra has the tightest CBD office market, with a 6.1% vacancy rate, despite the work from home boom

What Are The Cheapest Houses In Perth To Buy?

With a median house price of $527,000, Perth remains the most affordable capital city

Inflation outstrips rental growth for over a decade

The PIPA and PICA findings are despite the sharp rises in rents and inflation over the past year

What Are The Cheapest Houses in Australia to Buy?

With property prices remaining high despite the recent cooldown, some bargains can be found if you head to the country

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Perth records highest office occupancy rate in Australia

Perth and Canberra were the only capital cities to record an increase in occupancy during July

Centennial and MaxCap lodge DA for $90M Brisbane industrial and logistics park

Three sites have been purchased for $14.35 million to build The Link Industrial Park, which will have 32,000 sqm of gross leasable area

Emerald Lakes Town Centre changes hands for $21.5M

Perth-based Acure Asset Management acquired the asset in its third Queensland investment

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Centuria Capital Group (ASX: CNI) announces FY22 results

Centuria has announced its FY22 results, with the company’s diversification and acquisitions across previous periods now bearing fruit

REA Group (ASX: REA) grows revenue by 26% to $1.2B in FY22 results

Core operating costs increased 34%, largely driven by two major acquisitions

Why real estate lags other industries on digital transformation

Lack of resources and resistance to change are holding the sector back, a new study has found

Real estate agent receives $100K after three-year commission legal battle

The win is despite the agent spending $132K on the case over four years, with a litigator warning similar cases will continue to occur

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Rojak real estate wrap for Singapore National Day 2022

As it is Singapore’s national holiday, we take the opportunity to look at the Little Red Dot’s property market

New shopping centre at Auckland Airport to be called Mānawa Bay

The new outlet shopping centre will be among several firsts for Auckland, with the first Costco soon to open and Auckland’s first Ikea to open in 2024

Foreign investment in US existing-home sales reaches US$59B

Though the number of individual houses has declined, the value of sales has increased by 8.5% over the past year

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What future-proof features should my apartment have?

You should never buy a new apartment without these 11 features, says Fiona Yang of Plus Agency

What will happen to the Perth housing market amid interest rate rises?

Higher interest rates hasn’t always resulted in lower Perth property prices, writes Matthew Hughes of Capital Property Advisory

Relationship breakdown pushing women into poverty

Female household income decreases on average by 30% after a breakup, notes Kate Hill

How do I find out what a property sold for?

Research is vital for anyone keen to purchase a home or an investment property – regardless of the market conditions at the time, writes Adam Empringham

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Coopers Creek for sale: rare chance to buy a whole Australian town

The Victorian town was home to 250 people during the 1800s gold rush

Creating architecture for the Australian desert

The design varies from the typical use of colonial tropical architecture, instead employing rammed earth

University of Western Australia’s School of Indigenous Studies anchors southern precinct

The project also took out several awards at last year’s Master Builders WA Excellence in Construction Awards

Designing the Bilya Koort Boodja Centre for Nyoongar Culture and Environmental Knowledge

The architecture is intended to be ephemeral. Its built form is deliberately in contrast to the traditional buildings of Northam

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