COMMUNITY NEWS While parts of Australia are reeling from Saturday’s election result, the property industry has welcomed the outcome. Reiwa president Damian Collins said the Coalition’s victory meant there would be no change to national property taxes, like negative gearing and capital gains tax, which was a big win for the Australian housing market and […]
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The West Australian Perth is officially the most affordable capital city to buy a block of land. After being usurped by Adelaide last year, Perth is once again a bargain-hunters’ dream, with a median new land price of $228,000. This compares to an eye-watering average price of $716,381 in Sydney and $382,125 in Melbourne and […]
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THE WESTERN AUSTRALIAN PROPERTY MARKET IS ON THE MOVE, BUT AFTER SEVERAL YEARS OF SUBDUED DEMAND WHAT WILL THIS CYCLE LOOK LIKE? Last week UDIA Economist Tim Connoley suggested that maybe we should add property cycles to Benjamin Franklin’s popular adage about death and taxes. Or maybe we should look to Isaac Newton who said […]
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