National News

Property Prices

Lagos: House rent, commodity prices soar
Daily Times Nigeria 8/02/2012 12:44:49 AM
House rent in Lagos, which had steadily increased due to the high demand of houses among the teeming population, is the worst hit by the new fuel price, as landlords and property developers in the state have increased the rent of apartment by over 50%.
Gloom in property market deepens
The Daily Telegraph 7/02/2012 10:23:13 PM
HOPES of a real-estate market revival have been jeopardised by the Reserve Bank's do-nothing decision. To see why, consider the example of Alison and Jerry Martino. The Blacktown couple recently listed their four-bedroom with price expectations around ...
Reform housing sector, experts say
Herald Sun 7/02/2012 4:47:23 PM
He agreed there was an apparent conflict of interest between house owners, who want their property values to rise, and those trying to get into the market. But he said it was possible to ensure house prices do not outstrip inflation by various means, ...
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Property Activity

Foreign investment rules differ in city
Weekly Times Now 8/02/2012 3:43:51 AM
"Non-residents seeking to invest in residential real estate can only do so by adding to housing supply and construction activity by either purchasing new housing or developing vacant land. Foreign persons also need to apply to buy or take an interest ...
LI Developers Eye New Nassau Coliseum Plan
Long Island Press 8/02/2012 2:58:22 AM
By Timothy Bolger on February 7th, 2012 Nassau Veterans Memorial Coliseum home of the the New York Islanders NHL hockey team is shown in Uniondale, NY, Wednesday, May 11, 2011. (AP Photo/Seth Wenig) A group of Long Island developers are regrouping on a ...
Man arrested following home invasion - Mount Pritchard
NSW Police Online (press release) 7/02/2012 11:57:26 PM
When she was unable to do so, the men allegedly stole other property from inside the premises. Police, who had received calls about suspicious activity at the property, arrived at the scene while the men were still inside. They observed the men running ...
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Property Development

Woree drive-in sold
The Cairns Post 8/02/2012 4:30:04 AM
THE new owners of the Woree drive-in theatre site may still proceed with original plans to build more than 500 units on the property. The Bruce Highway property has been sold by unconditional contract to a developer. Greg Wood of Knight Frank Cairns ...
Yarrabah Aboriginal Shire Council plans to buy False Cape resort site and ...
The Cairns Post 8/02/2012 4:30:04 AM
THE Yarrabah Aboriginal Shire Council plans to keep the controversial False Cape resort site in its current state after signing a deal to buy the 120.6ha property east of Cairns. The property is under contract to the council, subject to a successful ...
Foreign land grab is madness
Weekly Times Now 8/02/2012 3:43:51 AM
... devoted to assessing foreigners buying residential property and use it to assess whether foreign farm raids are in the national interest. Our farm estate is already shrinking as mining, urban development and plantation forestry take more ground.
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Real Estate

Cairns real estate firm takes off
The Cairns Post 8/02/2012 4:30:04 AM
INDUSTRIAL and commercial real estate agent Stuart Carr's foray out on his own is off to a flying start. Work is well under way on a $2.5 million design and construct project he has put together for CSR at Portsmith. He'll soon open an office at the BP ...
Gloom in property market deepens
The Daily Telegraph 7/02/2012 10:23:13 PM
HOPES of a real-estate market revival have been jeopardised by the Reserve Bank's do-nothing decision. To see why, consider the example of Alison and Jerry Martino. The Blacktown couple recently listed their four-bedroom with price expectations around ...
middle ground proving elusive
The Age 7/02/2012 12:26:27 PM
Real Estate Institute of Victoria spokesman Robert Larocca said the level of new stock coming onto the market for February was surprisingly high. ''We've got 10-15 per cent increases in stock levels for the first few weeks of February compared with ...
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Property Values

Reform housing sector, experts say
Herald Sun 7/02/2012 4:47:23 PM
He agreed there was an apparent conflict of interest between house owners, who want their property values to rise, and those trying to get into the market. But he said it was possible to ensure house prices do not outstrip inflation by various means, ...
Unhappy Bankwest clients push senate inquiry
Sydney Morning Herald 6/02/2012 8:33:17 AM
"During this period the property development sector generally was under greater pressure due to the GFC and falling property values." But she said the comment referred to assessment criteria for future borrowers and did not relate to existing loan ...
Gold Coast back on the road to paradise
The Australian 3/02/2012 11:12:08 PM
"Given how far down property values have gone on the Gold Coast, some people would concede that prices you're paying now are a bit of a bargain, especially if you're considering something for the long term," Kusher says. "But you need to take at least ...
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Property Investment

Building on a passion
Melbourne Weekly Bayside 7/02/2012 12:48:10 PM
A licensed real-estate agent, Wright has a love of renovation and property investment. She has built up a portfolio of 15 properties, hitting the millionaire mark in her early 30s. Professionally, her specialty is property management.
Property advice not just a Wright add-on
Broker News Australia 7/02/2012 7:52:53 AM
By Ben Abbott | 02/7/2012 5:30:00 AM | 0 comments IPS Home Loans' Paul Wright sees his nascent property investment advisory busieness overtaking his financing arm within three to five years, due to demand in the NSW Illawarra.
Global debt crisis weighs heavy on investors' minds
Your Investment Property Magazine 6/02/2012 1:48:31 PM
... have been enticing investors and first time buyers, who are also targeting investment properties as their entry point to the property market.” What are your main concerns as a property investor in 2012? Have your say on our property investment forum.
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