Prices rising in 88.4% of suburbs

Prices rising in 88.4% of suburbs

  Australia has hundreds of different property markets, which are often at different points in their cycle, so it's common for there to be many markets where prices are increasing and many where they're decreasing. Right now, though, the vast majority are in growth mode. An analysis of 4,625 house and unit markets around the count...
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New building contract acquired in Maroubra

New building contract acquired in Maroubra

  623 Anzac Pde, Maroubra Noble Management Group has successfully secured the building management and contractor rights to 623 Anzac Pde, Maroubra. This superbly maintained 1920's complex is situated right on the border of Kingsford & Maroubra. It hosts 8 elegant apartments that offer flexible layouts. Featuring: ...
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Property market growing despite high interest rates

Property market growing despite high interest rates

  A new report from CoreLogic has found that median property prices increased in 82.4% of local markets in the three months to October, based on a sample of 4,506 suburbs across Australia. That included price increases in 83.1% of house markets and 80.6% of unit markets. Focusing just on house markets, prices increased in: · Pert...
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Borrowing increases as property market heats up

Borrowing increases as property market heats up

  There's been a big rise in home loans activity over the course of the year, with investors leading the way. Between February and September, the total volume of mortgage commitments rose 9.5% to $25.0 billion, according to the latest data from the Australian Bureau of Statistics. Owner-occupied borrowing climbed 6.1% to $16.1 billio...
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Project Intervene: fixing common property defects

Project Intervene: fixing common property defects

  Do you have serious defects in the common property of your building or a building that you manage? Is the building less than 10 years old? Owners corporations and strata managers have until 30 November 2023 to register for Project Intervene. The program aims to get serious defects in eligible buildings fixed by negotiating an undert...
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