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News

Property Update
propertyupdate.com.au > australias-housing-downturn-wont-solve-the-affordability-crisis

Australia’s housing downturn won’t solve the affordability crisis

23+ hour, 16+ min ago   (1197+ words) NAB expects combined capital-city dwelling values to fall around 7% from peak to trough. Sydney and Melbourne are expected to experience the largest declines. Falling prices alone will not make housing genuinely affordable because higher interest rates have reduced borrowing capacity....

Property Update
propertyupdate.com.au > why-australian-property-sellers-are-turning-away-from-auctions

Why Australian property sellers are turning away from auctions

3+ day, 22+ hour ago   (1379+ words) More sellers are moving away from auctions. Private treaty sales are becoming increasingly common as buyer competition eases. Auction-to-private-treaty conversions have surged. More than half of auction-launched listings across the five major auction markets are now converting to private treaty....

Property Update
propertyupdate.com.au > australias-biggest-property-shakeup-is-coming-and-youre-probably-not-ready-for-it

Australia’s Biggest Property Shakeup is coming, and you’re probably not ready for it

3+ week, 4+ day ago   (1500+ words) Australia is set for major population growth with another 8 million people could call Australia home by 2050. Population growth will be uneven with Melbourne, satellite cities and lifestyle locations likely to capture a large share of future growth. Population growth alone…...

Property Update
propertyupdate.com.au > australia-has-three-of-the-worlds-most-liveable-cities-but-we-cannot-take-that-success-for-granted

Australia Has Three of the World’s Most Liveable Cities, but We Cannot Take That Success for Granted

3+ week, 5+ day ago   (991+ words) Australia remains one of the world's most desirable places to live. Melbourne, Sydney and Adelaide all ranked among the world's top 10 most liveable cities, reflecting their strong healthcare, education, infrastructure and quality of life. People are attracted to cities with…...