Fair Trading minister Victor Dominello has promised to crack down on strata “tyrants” and cheats who set out to circumvent the letter and the spirit of the new laws that came in last month.
Latest Real Estate & Property Market News
Canberra property industry caught in middle of residential meth lab clean-ups
Future tenants, landlords and property managers are becoming increasingly embroiled in Canberra’s ice scourge as a growing number of houses found to contain meth labs are decontaminated.
Nillumbik Shire council investigating removal of native trees from Eltham site
A local council is investigating the alleged illegal destruction of several trees that has left a “big scar” on a historic green wedge suburb on the outskirts of Melbourne.
Auction watch: Canberra’s clearance rates dip as summer heats up
The second last auction weekend of the year attracted a number of strong sales, however almost 40 per cent of properties failed to sell under the hammer.
Inner south leads Canberra with homes selling under the hammer
Family homes have been the standout performer of the year with sellers reaping the benefit of the strong market conditions. House prices have consistently moved upwards, forging ahead 4.5 per cent annually to reach a median price of $643,000 over the November quarter.
Naremburn cottage built in 1930s sells $485,000 over reserve
“Don’t ask me for another bid.”
Investors are outpacing first home buyers and owner occupiers for home loan approvals
First home buyer numbers continue to dwindle, and a fall in loans for the construction of new homes signals the building boom will soon wind down, economists say.
Former Brumbies boss Michael Jones’ property sells at auction for $2.27 million
The Forrest home of former Brumbies boss Michael Jones sold under the hammer for $2.27 million on Saturday.
Strata sale of new flat for more than $1 million to give new lease of life to old Bondi block
A brand-new apartment in a 1970s Bondi block sold for more than $1 million on Saturday morning, providing a windfall to the strata committee who initiated its construction in order to fund building upgrades.
First home buyers face fierce competition in Melbourne’s inner west – becoming out of reach for some
If there is one part of Melbourne where many first home buyers could still afford a house that is not on the fringe, it is in the western suburbs.