This Month
‘Populist’ property tax changes won’t boost rental stock: experts
Higher charges for offshore buyers and a cut in application fees for build-to-rent projects aren’t the main measures Australia’s troubled rental market needs.
- Michael Bleby
House sells for $235,000 more than expected after tenants removed
Agents say it is better to market an empty house, but owners don’t want to give up rental income – and renters don’t want to leave, either.
- Michael Bleby
Record migration fuels Britain’s rental crisis
The boss of real estate portal Zoopla has blamed record migration for further increasing sky-high UK rents, up 8.4 per cent in the year to October.
- Eir Nolsoe
November
- Exclusive
- Proptech
CBA takes on Macquarie in $49b rental payments market
Falling home ownership is boosting the demand for rental properties – and that’s creating opportunity for services to support the rental sector.
- Michael Bleby
- Exclusive
- Commercial real estate
Why property investors will soon compete with Mirvac
Australia’s chronic housing shortage is prompting changes not only in the way people live, but in the way they invest in residential real estate.
- Updated
- Michael Bleby
Higher interest rates are shattering housing dreams around the world
Markets are caught between sharply higher borrowing costs – likely here to stay – and a shortage of homes that’s keeping prices elevated.
- Ari Altstedter, Ainsley Thomson and Prashant Gopal
- Analysis
- Residential property
Here’s why rents are likely to stay high
Renting is increasingly unaffordable, not just for those on low incomes but for middle-income earners as well. And there’s no relief expected for at least a year.
- Campbell Kwan
Low vacancy rate, strong rental growth add fuel to inflation
The national vacancy rate has fallen to 1 per cent. An undersupply in housing, coupled with a surge in migration has pushed rents higher in most markets.
- Nick Lenaghan
What’s ahead for the housing market, in eight charts
Can house prices keep on rising or will higher mortgage costs finally kill off the recovery?
- Nila Sweeney and Les Hewitt
Two factors making Australia’s housing crisis worse
While booming post-pandemic migration is outstripping new dwellings by a record level, Australia was starting from behind even before the borders reopened.
- Ronald Mizen
October
Migration surge adds to inflation pressure for RBA
The arrival of half a million migrants is adding to inflation pressure and will influence the next rates decision, an ex-Reserve Bank of Australia economist says.
- John Kehoe
Overseas student boom shows signs of slowing
There are very early indications that the seemingly unstoppable growth in international students might be tapering off.
- Julie Hare
Where to find the cheapest properties to rent near the CBDs
These are the suburbs where tenants can still rent a house for under $500 a week and units for less than $400.
- Nila Sweeney
Mirvac in $1b play to house downsizing Boomers
Mirvac will spend $300 million to acquire a near-half stake in the Serenitas portfolio of 27 land lease communities – affordable accommodation for downsizing baby boomers.
- Michael Bleby
Suburbs with the highest granny flat potential
More than 655,000 granny flats could be built across the country straight away to help alleviate the housing shortage.
- Nila Sweeney
Local boosts social, affordable housing, backed by Macquarie
While governments are trying to boost the country’s stock of social and affordable homes, some developers are already doing it – and taking a first-mover advantage.
- Michael Bleby
Airbnb says Victoria’s 7.5pc levy could push visitors away
The short-stay platform is seeking to influence other states and territories, which are considering measures to ease the rental crisis.
- Michael Bleby
- Updated
- Interest rates
Big squeeze no bar to another RBA rate rise
The Reserve Bank could still lift rates even after finding rapidly rising mortgage repayments had starved some borrowers of the ability to pay expenses such as health insurance and school fees.
- Updated
- Jonathan Shapiro and Michael Read
Rents soar to new highs as vacancy rate slumps to record
The residential rental vacancy rate plunged back to a new low of just 0.8 per cent nationwide over the September quarter, new data from Domain shows.
- Nila Sweeney
Airbnb boss plots long-term rentals despite housing crisis
The booking platform is to launch the ‘biggest update’ next month as it plans to expand beyond travel.
- Oliver Barnes