Airbnb has slammed Byron council’s plans to proceed with recommendations for a 60-day cap on short-term rentals in the shire. Byron council’s decision seeks to amend policy to allow for the cap to take effect. Byron residents and businesses are happy for the change yet Airbnb have slammed the decision. Michael Crosby, head of public … [Read more…]
Australian renters are already being hit hard by a lack of vacant properties and sky high prices. But even after finding a place, there is one major issue. The cost of living crisis is hurting renters on multiple fronts, with landlords hiking rents to pay down soaring interest rates and energy prices only set to … [Read more…]
The state’s population is set to balloon by 2 million by 2046 and even some of the most affordable suburbs could see median house prices above $1 million. These are the suburbs to buy in now. Government projections show that Queensland’s population could blow out by 2 million by 2046, and that increase in demand … [Read more…]
One key issue has emerged as the major fault-line candidates will have to address in the Fadden by-election as they begin door knocking voters in the Gold Coast’s north. The Coalition has announced Cameron Caldwell as its candidate for the upcoming Fadden by-election. Mr Caldwell narrowly beat out four other contenders in a party room … [Read more…]
Brisbane home prices have risen for a fifth straight month, increasing by a third of a per cent in May, according to new data. Market conditions have further improved in May following five consecutive months of price growth. The May PropTrack Home Price Index released Thursday reveals the market rebound in the Queensland capital is … [Read more…]
Brisbane home prices have risen for a fifth straight month, increasing by a third of a per cent in May, according to new data. Market conditions have further improved in May following five consecutive months of price growth. The May PropTrack Home Price Index released Thursday reveals the market rebound in the Queensland capital is … [Read more…]
Rental advocacy groups in one state say the first round of renter reforms will do little to help “scared tenants” at risk of being evicted. Real Estate Institute of Victoria CEO Quentin Kilian says the Victorian government’s decision to increase land taxes will only give landlords and rent providers another reason to “leave” the property … [Read more…]
A real estate agent’s email bungle has exposed plans to force a “high maintenance” renter out by demanding an exorbitant rent increase. Greens Leader Adam Bandt says renting is becoming more and more difficult while buying a house is now “beyond the realm of possibility” for many people. “The government just does not get that,” … [Read more…]
Australia’s rental market continues to remain “significantly lower” than it’s ever been as one city sees a 25 per cent drop in available properties in one month. Shadow Immigration Minister Dan Tehan says the Coalition wants to see a “plan” on immigration by the Labor government. New rental listings across the country fell by 18.9 … [Read more…]
Australia is facing a housing crisis with industry figures showing the rate of new builds stalling, as immigration numbers surge. Housing industry figures to be released next week show the number of new home build starts over the next three years will remain static while immigration numbers surge. In the three years to June 2025, … [Read more…]