Construction

Construction industry and development projects

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Market News

Australia's Property Market Faces $120,000 Wealth Erosion Amid Projected Price Declines

Projected downturns in Australia's property market could cost homeowners approximately $120,000 by 2027, reshaping household wealth dramatically.

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Market News

Historic Ipswich Mansion ‘Bowerbank’ Expected to Set Sales Record

The iconic ‘Bowerbank’ mansion in Ipswich is on the market for the first time in 50 years, with expectations to break local sales records.

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Investment

Concerns Over RBA's Rate Hike Modeling Impact on Australian Homeowners

Westpac's chief economist critiques RBA's flawed modeling, suggesting it may lead to unnecessary mortgage rate hikes and diminished economic prospects.

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Market News

Banks May Enter Secret Mortgage Competition Ahead of Expected Rate Hike

As interest rates are set to rise, mortgage experts predict a hidden competition among lenders for high-value borrowers, particularly affecting luxury home buyers.

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Market News

Malishev Display Home in Grovedale Achieves $1.25M Sale, Highlighting Market Demand

A Malishev display home in Grovedale sold for $1.25M, marking the area's top residential sale of 2026, driven by the inclusion of a valuable carpark.

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Market News

Gold Medalist Grant Hackett Sells Brighton Land at a Loss Amid Market Pressures

Grant Hackett's Brighton property sale signals market challenges, as he transitions to a new $13.425 million home in Toorak after incurring a loss.

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Market News

Tammy Hembrow's Stunning Gold Coast Mansion Fails to Sell at Auction

Tammy Hembrow's luxurious Gold Coast mansion didn't attract buyers at a recent auction, highlighting ongoing challenges in the luxury property market.

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Residential

Melbourne's First-Time Buyers Face Financial Strain Amidst 5 Percent Deposit Scheme Fallout

Melbourne's property market sees first-time buyers suffering as homes lose up to $96K in value, raising concerns over negative equity and market stability.

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Market News

South Australia's Housing Market Faces Equity Risks Amid Deposit Scheme Challenges

Almost 60% of South Australian properties under the government’s 5% Deposit Scheme have dropped in value, raising concerns for first-home buyers.

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Market News

Westpac Revises Housing Price Forecast: Sydney and Melbourne Hit Hardest

Westpac has significantly downgraded its housing price forecast, predicting a 6% nationwide decline this year, with Sydney facing a 10% plunge.

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Commercial

Growing Australian Interest in Dubai's Tax-Free Property Market

Australian property investors are increasingly flocking to Dubai for tax-free assets, spurred by new opportunities and lucrative returns.

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Market News

Final Opportunity to Acquire Coastal Paradise at Windgrove Estate, Nubeena

An exceptional coastal lot at Windgrove Estate in Nubeena is on the market, offering 22 acres of tranquility and stunning ocean views for $1.75 million.

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Market News

Marshall Leads Buyer Interest Surge in Geelong's Affordable Housing Market

Demand for affordable homes in Geelong's suburbs, particularly Marshall, has surged, with buyer inquiries up to 85% in the past year.

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Residential

Beware: 5% Deposit Scheme Puts First-Home Buyers at Risk in Sydney and Melbourne

First-home buyers using the 5% deposit scheme face alarming mortgage risks as property values in key cities drop significantly, leading to potential negative equity.

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Commercial

Intense Rivalries and Design Disputes: Highlights from The Block's Competitive Challenge

Tensions rise among contestants on The Block as design critiques ignite rivalries, showcasing challenges in both competition and community-driven projects.

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Market News

South Australia Prioritizes Public Input for Short-Stay Accommodation Register

The South Australian government is soliciting public feedback on a new register for short-stay accommodations, aiming to balance rental supply and community needs.

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Residential

Australia's New Farm, North Hobart, and South Melbourne Among the World's Most Vibrant Neighbourhoods

New Farm, North Hobart, and South Melbourne have been celebrated as top global neighbourhoods, highlighting Australia's growing cultural and residential appeal.

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Market News

Surge in Demand Leads to Early Construction Start at Kidman Park's Canopy Apartments

Fairland's Canopy Apartments in Kidman Park sees significant sales momentum, prompting an early start to construction ahead of schedule.

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Commercial

Australia's Major Banks Predict Interest Rates to Soar as Homeowners Brace for Impact

Australia’s big banks expect interest rates to climb, with cumulative mortgage costs rising significantly by year's end, prompting urgent action from homeowners.

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Market News

Historic Church in Lorquon Listed at $65,000: A Restoration Opportunity

A 100-year-old church in Lorquon, Victoria, is on the market for $65,000, requiring significant restoration work to reclaim its former glory.