The rebound in housing prices is accelerating despite the Reserve Bank’s campaign to lift interest rates. National home prices have increased 0.33 per cent in May, bringing the 2023 rise to 1.55 per cent according to PropTrack’s latest house price index. Every capital city except Darwin recorded an increase and prices in all regional markets … [Read more…]
The offer of a stake by the National Pension Service of Korea in 20 properties controlled by Dexus could set a fresh benchmark in the hot sector. Industrial portfolios have been among the signature trades over recent years and a transaction would show the strength of values in the area where demand for space is … [Read more…]
KINNEY COUNTY, Texas – A 3,000-acre recreational ranch with one mile of Nueces River frontage is up for sale in Kinney County. Soldier’s Gap Ranch is named for its historic natural crossing point once used by Cavalry soldiers from Fort Clark, which was established in 1852. The ranch is currently listed for $7.6 million and … [Read more…]
A brief cross-border foray into the Gold Coast market by privately held Aland came to an end this month when the Sydney residential developer off-loaded a site complete with approved plans for four towers up to 71 storeys. The 1.1-ha Southport site took less than a month to change hands, fetching $19 million. Aland founder … [Read more…]
Property developer Goldfields has chalked up a strong opening weekend for its new 65ha greenfield development despite a cooling Victorian greenfield market. Seventeen of the 483 lots in the expansion of the Ballarat masterplanned community Winterfield were snapped up in the first week on the market. Goldfields national director of communities Paul Cicchiello said the … [Read more…]
Real estate companies have lost more than $100,000 to phone scammers pretending to be from major banks. Police in Newfoundland say they believe scammers used voice-cloning technology to trick seniors into believing their actual grandchildren were calling them for help, leaving them swindled out of thousands of dollars. The victims all received phone calls from … [Read more…]
Renters in some areas are now being forced to spend an extra $32,500 a year to keep a roof over their heads, as the cost of living crisis worsens. Strong demand for housing and a limited supply of homes have caused a soar in the price of rentals, with some charging tenants an extra $600 … [Read more…]
Gift this article Share this article paywall-free. The Citizen staff While you might not have bought The Money Pit, expenses still pop up for new homeowners with the average shelling out $3,600 in the first year. Hopefully you saved something back from your down payment. 56% say their top expense was replacing appliances according to … [Read more…]
Quiet time is all the time here. Screen grab from Realtor When you’re thinking of the desert, cacti, sand and relentless heat often spring to mind, perhaps with images of a cartoon coyote chasing a roadrunner sprinkled in. The outdoor deck comes complete with a soaking tub so you can relax while enjoying the view. … [Read more…]
Gladstone Land Co. (NASDAQ:LANDO – Get Rating) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 5,300 shares, a growth of 5,200.0% from the April 30th total of 100 shares. Based on an average daily trading volume, of 14,800 shares, … [Read more…]