You don’t have to be Donald Trump to own a slice of a multi-million-dollar shopping centre or inner city office block, and getting involved is not as risky as it may seem.
By investing in listed property trusts (LPT), investors can enter the commercial property market at a lower cost than buying property directly.
Macquarie ProLogis Trust [...]
State and local government policies were forcing up the price of land by restricting development, Treasurer Peter Costello said on Monday.
Mr Costello, launching an Institute of Public Affairs report into housing prices, said state governments were largely to blame for making homes increasingly unaffordable for young people.
The report found that while housing construction costs had [...]
Hollywood Hills house costs Heath Ledger $2.3 million.
Like so many stars, Australian heartthrob Heath Ledger headed for the Hollywood Hills to hunt for a house, and he found one — a pied-a-terre that he purchased for $2.3 million.
Called ”The Treehouse,” Ledger’s new home is in a sycamore grove on a half-acre lot and has [...]
One of the great rules of property is people need somewhere to live and with thousands of people moving to Queensland every month there is no shortage of demand for housing.
Nor is it any longer just retirees from further south there are plenty of workers being sucked into the labour starved state by the [...]
An Australian National University study has found house prices are linked to the performance of the local public school.
The study compared Canberra’s colleges, based on their average University Admission Index score.
Researcher Andrew Leigh says the study shows parents are willing to pay higher prices to live near the best-performing schools.
Dr Leigh says this means children [...]
UNEMPLOYMENT has bottomed out and will start to climb again before next year’s federal election, according to a government submission that forecasts an extra 37,500 people will be out of work by next June.
On the eve of a Reserve Bank board meeting expected to raise interest rates, the Howard Government has told the Fair Pay [...]
YOUNG home buyers struggling to break into the property market are for the first time being offered mortgages that could last a lifetime.
GE Money has become the first Australian lender to offer 40-year mortgages, while at least two banks have started testing consumer reaction to 50-year loans.
With property prices again on the rise in Melbourne [...]