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A downward trend in inflation could bring relief for home owners with mortgages, warning bells sound for NSW’s supply of housing, and train stations attract a high level of interest in new builds across the country.
Welcome back to REB’s weekly round-up of headline stories and news that are important not only for the real estate sector, but also for the state of Australian property more broadly.
To compile this list, not only do we consider the week’s most-read stories and the news that matters most to you, but we also curate it to include stories from our sister brands that also have an impact on the Australian property landscape. Here are the biggest stories of the week:
1. Inflation falls from 30-year high
The March quarter inflation data could be a welcome relief for mortgage borrowers, ahead of the central banks meeting in May.
2. Government must get serious about NSW housing supply: Tim McKibbin
Australia’s most populated state could face an ongoing housing crisis unless empty government promises become deep commitments, according to the state’s peak real estate executive.
3. Station location: How trains are attracting Australian development
Train access is increasingly shaping the face of Australian neighbourhoods, according to new research.
4. Brokers flocked to major banks in March
The proportion of brokers recommending the big four to their clients rose to its second highest level on record, according to new data.
5. Which suburb saw over 300% capital growth in the last 10 years?
A new report has revealed the suburbs where property owners could potentially cash in on up to 300 per cent value increases — if they bought there a decade ago.
6. Victorian government compensates Porter Davis collapse victims
Home owners impacted by the Porter Davis collapse may be eligible for compensation as part of a new initiative from the Andrews government.
7. Revealed: Who attracts the most complaints in mortgages?
New data has revealed which banks, aggregators, non-bank lenders and mortgage brokers are seeing the greatest number of complaints from borrowers.
8. What next for Tasmania’s rental market?
An incredibly tight rental market gripping the region hasn’t been enough for weekly rents to rise, according to Hayley Bartels, property portfolio manager at Knight Frank Launceston.
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