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The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 22 September.
To compile this list, not only do we consider the week’s most-read stories and the news that matter 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 property stories of the week:
1. Help to Buy scheme vote delayed to November
The vote on the federal government’s Help to Buy shared equity scheme has been postponed for an additional two months.
2. First round of HAFF funding set to deliver over 13k homes
After a much-delayed announcement, funding for the initial pipeline of projects in the Housing Australia Future Fund (HAFF) has been greenlit.
3. New home sales hold steady in August, with Qld leading growth
New home sales in Australia remained relatively stable in August, according to the latest monthly analysis from the Housing Industry Association (HIA).
4. Home sales net sellers a median profit of $285k
The amount that Aussies are making off the back of residential real estate transactions has hit a high not seen in decades.
5. Downsizer super contributions drop off
The number of people taking up downsizer contributions has dropped from a high in the 2021–22 financial year – the height of the COVID-19 pandemic.
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