Category Archives: Land Value
Port Douglas Auction Action – Easter Saturday 7th April 2012
Year off to positive start for residential real estate with dwelling approvals up
Century 21, the largest real estate organisation in the Asia Pacific region, believes that the uplift in dwelling approvals recorded in November 2011 is welcome news for the Australian property market leading into 2012. “According to data released by the … Continue reading
Homes More Affordable Now
Housing has become a lot more affordable over the past year, due to a drop in home prices combined with lower home loan rates and higher incomes, according to property analysis provider RP Data. Based on around 285,000 sales over … Continue reading
We love our castles—Australian homes remain the biggest globally
The great Australian dream of home ownership is constantly evolving. Both our houses and lot sizes are generally decreasing in size, with kitchens growing in importance and outdoor living becoming more prominent for many. We’ve also seen … Continue reading
Renters paying a greater share of their take home income for housing than those with a mortgage
In this week’s RP Data Property Pulse, Cameron Kusher takes a look at the costs associated with housing based on the latest ABS 2009/10 financial year Housing & Occupancy Costs Survey results. According to Mr Kusher, one of the most … Continue reading
Nearly half of Aussie Properties Double in Value
New research from RP Data has found that 45% of Australian properties are worth at least double their original purchase price – and less than 4% are in negative equity. The research firm’s latest Property Equity report has revealed that … Continue reading
SMSF changes could impact rental market
Changes to regulations surrounding self-managed super funds could ultimately impact on rental affordability, it has been claimed. The ATO has released a draft ruling opening up the use of SMSFs for renovations on existing properties. Previous ATO regulations restricted … Continue reading
Gen Ys will lead housing revival
The Australian housing market has a bright future, and Gen Ys will be the ones to lead it there, a social demographer has claimed. In spite of growing pessimism surrounding the economy, KPMG partner Bernard Salt has told Australian BrokerNews … Continue reading
Property Values Going Down, Council Rates May Still Be Going Up
As follow up to the news that Port Douglas property values have be reassessed down by 20%, both the local newspaper and the Cairns Post have printed further information for rate payers today. We appreciate the phone calls and emails we have … Continue reading
Your Port Douglas Land Value Has Dropped by 20%
It was with much enthusiasm that I recently read an article entitled “Rate Relief For Region”. Unfortunately by the time I got to the end of the article I realised that whilst the Cairns Regional Council was prepared to offer … Continue reading
