Property News
Revival defies the odds
AFTER a year of extremes, real estate experts say 2010 should be one of revival for the industry, writes Hannah Silverman.
Impulsive passerby snaps up bargain
PROPERTY investor Lino Persico, made an impulsive decision that paid off yesterday, when he snapped up Walkerville home for $830,000.
Ricciutos demand $617,000 payout
FORMER Crows captain Mark Ricciuto and his wife Sarah are suing an Adelaide property developer who pulled out of a $2.3 million property deal.
Buyers under the hammer
HOME auctions are becoming more competitive with clearance rates returning to the highest level in two years.
Roxby joins our rich list
IT does not have the status of Adelaide's leafy eastern suburbs but Roxby Downs has emerged as South Australia's sixth richest area, thanks to the mining boom.
$77,000 up front for loan
ADELAIDE homebuyers must be prepared to have a 20 per cent deposit, or $77,000 on average, to qualify for a home loan, the mortgage industry warns.
Housing shortage doesn't stack up
PERCEPTIONS of a statewide housing shortage are a myth, according to housing industry analysis of demand and supply.
Our homes fall through the cracks
LEVELS of illegal building and cracking in South Australian homes are the worst in the nation, research has revealed.
Employment zone land release push
THE Property Council will push for an employment zone of state significance following bipartisan support for much of its pre-election manifesto.
Three generations under one roof
CROWDED homes with three generations under one roof and jobseekers happy to trade variety for stability are among the trends that will define Australia.
Home ownership no longer a reality
MANY would-be home buyers have given up the dream of ownership, hit by a 'perfect storm' of rising rates, tough conditions and abandoned grants.
Suburban palace fit for a king
GORGEOUS or gaudy, this Maylands miniature palace is certainly eye catching - and it needs new royalty.
Modern homes an open fire hazard
MODERN, open-plan houses burn hotter and faster than older homes, often giving families just minutes to escape, fire authorities have warned.
Aussie dream or house of cards?
STRUGGLING homebuyers who do not qualify for mortgages are being enticed into "risky" rent-to-buy schemes, real estate experts say.
Nation's lowest level of first homebuyers
SOUTH Australia had the nation's lowest percentage of first homebuyers in 2009.
Population boom for city in 30-year-plan
MURRAY Bridge will get an extra 4500 people and the city centre of Adelaide an extra 11,000 under the finalised 30-year Plan for Greater Adelaide.
Call for `live in the city' bonus
BIGGER grants should be available for first-home buyers who choose city apartments, the Property Council says.
Homes forced into energy audits
ALL homes will have to undergo an energy-efficiency assessment - costing up to $1500 - before they can be sold or rented under new laws.
Welcome to the state's new city
A $2 BILLION satellite city proposed for Adelaide's north will create thousands of jobs and millions of dollars of economic benefit, developers say.
Wait and watch as rates held steady
FLOUTING economists' expectations, the Reserve Bank of Australia decided to leave interest rates on hold at today's board meeting.
Who's afraid of the big, bad banks?
TALK of interest rate rises didn't deter the buyers of a three-bedroom Wayville home that sold well above its reserve price at auction.
Rising prices put dream in crisis
THE rising median house price has outstripped wage increases in the past decade, prompting calls for an urgent reform of the state's housing policies and taxes.
Investors swoop as apartment market heats up
THIS year is being hailed the "year of the investor" with apartments hot on the radar.
Ex-Adelaide geek rolling in riches
MEET Sydney's newest property tycoon, a 32-year-old self-confessed computer geek who started his career in Adelaide.
Home prices triple in SA boom town
A TINY Yorke Peninsula town has recorded SA's biggest coastal real estate price jump, with median house prices soaring by 341 per cent over the past decade.
Home price median up to $382,000
ADELAIDE house prices have risen by more than 6 per cent in the past year and further strong growth is forecast for the year ahead.
15 months to build a dream
SOUTH Australians will be forced to wait up to 15 months for their new homes to be built, a peak industry group warns.
Look who is back selling real estate
EMBATTLED real estate identity Myles Pearce is being investigated for selling properties while unlicensed.
Which suburb is our most expensive?
THE list of the most expensive suburbs of the past 10 years is out. Can you guess where all the money is?
Renters hit by 5pc rise
RENTERS will need to find an extra $754 a year on average due to low vacancy rates and rising house prices, the industry warns.
News
'I don't want him, but he'll do'
OPPOSITION leader Isobel Redmond has admitted she voted against today's shock move to make Martin Hamilton-Smith her deputy.
Sport
Lee named in Aussie Twenty20 squad
BRETT Lee has been named in the Australian squad to contest the ICC World Twenty20 in the West Indies starting next month.