There’s good news for homebuilders and property investors because the pace of construction cost growth has eased to its lowest level in over a decade, according to Cotality’s latest Cordell Construction Cost Index (CCCI). While costs still rose 0.6% over the September quarter, annual growth has slowed to just 2.5%, which is well below theRead More

Australia’s rental market remains under pressure, with the national vacancy rate holding firm at a historically low 1.2% in September, according to SQM Research. That’s despite a slight drop in total vacancies to 36,046 dwellings – a clear sign that supply remains tight across most capital cities. For investors, this is a compelling sign. LowRead More

Australia’s property market is flexing its muscles again, with the total value of residential real estate climbing to a record $11.8 trillion. That’s a $678 billion gain in just 12 months, according to Cotality’s October Housing Chart Pack. For homebuyers, this signals a market that’s gaining momentum – national dwelling values rose 2.2% over theRead More

Brisbane’s property market is making headlines – and for good reason. Over the past year, home prices have surged by $93,700, nearly double the national average increase, according to PropTrack’s latest Home Price Index. The city’s median dwelling value now sits at $952,000, with houses breaking the $1 million mark and units climbing to aRead More

The Queensland Government has approved changes to the Woolloongabba Priority Development Area (PDA) Development Scheme, setting the stage for significant housing growth in the Gabba Entertainment Precinct. With up to 16,000 new homes now on the table, the Gabba Entertainment Precinct is set to become one of the city’s most transformative urban renewal zones. ForRead More