Supply must meet demand
When it comes to skyrocketing house prices and Australia’s housing affordability crisis, industry groups are in lockstep that accelerating supply is key to a long-term solution. The Real Estate Institute of Australia (REIA), the professional body for Australia’s real estate sector, says while there is an unfortunate “complete lack of unity” in decision making across […]
We love bricks and mortar
Buoyant long-term prospects for the Australian property market augur well for the nation’s conveyancing industry, despite some downside risks on the horizon. The conveyancing industry, in line with past experience, is likely to have its short and long-term future heavily influenced by the property market. In the short term, the four major banks – CBA, […]
The family home
Since the 1960s the idea of the typical family has been transformed in line with major social and cultural shifts in Australia, and that’s likely to continue to evolve in the next decade. Among key changes in Australia, the traditional two-parent family has declined as divorce rates, re-marriages, cohabitation, single parenthood and same-sex partnerships have […]
Australia: beautiful but expensive
It’s little wonder housing affordability in Australia is an increasingly prominent issue, with two state capitals now among the 10 most expensive cities in the world in which to buy property. The 2023 Demographia International Housing Affordability Scheme report, compiled by Canadian think tank The Frontier Centre for Public Policy, ranked Sydney as the second […]
Fierce floods a lesson for NSW govt disaster response
Premier Chris Minns has visited Eugowra more than a year after floods razed the NSW village. The disaster serves as a lesson for future emergencies, he said. Max and Kay Jones remember watching a house, a silo and their neighbours’ possessions wash down the street when a ferocious flood hit their rural NSW home. “You’d […]
The buying power you need
With Australia’s median property value now standing at a record high of $848,706, house hunters need to earn more than ever before to get a foot on the property ladder. According to latest data from finance comparison site Canstar, obtained by Australian Conveyancer, house hunters nationwide must now earn $166,215 to buy a typical home. […]
Q & A: Dotting ‘I’s and crossing ‘T’s
On its website, fast-growing conveyancing team Dott & Crossitt is quick to qualify its company name. “There are no names on the door here. Dott & Crossitt aren’t people, but an ethos of how we work side by side with our clients to make the process of buying and selling a property smooth, efficient, and […]
Welcome to tomorrow land
Socio-economic forces and the environmental issues at play now will determine the things we will live with in 20 years’ time. Flying cars? Maybe. Scientists and futurists map out the tomorrow land of the Australian property market. Australian business futurist Morris Misel Considering the future of household living it’s tempting to think of a far-fetched […]
Price climb continues to 2030
Property investor Michael Yardney While there’s an abundance of data tracking and forecasting of near-term home prices in Australia, reliable long-term price climb predictions are harder to come by. That’s where property investment expert Michael Yardney comes in. Yardney, founder of buyer’s agent Metropole Property Strategists and a veteran property market expert, has mapped home […]
Australian property market: Buyers look to northern NSW while Melbourne CBD trumps popularity in Victoria
Explore the hottest suburbs, the surge in first-home buyers, and the factors shaping the December 2023 real estate landscape by taking a property market focus on New South Wales, Victoria, and Queensland. The recurring property dream as buyers follow their ‘north star’ It was somewhat of a recurring theme in the NSW property market last […]
