Australian Property Updates

Property Information & Real Estate Updates


Property values expected to slide

Home Buyers are walking away from the property market at a pace that threatens to further deflate property prices by at least 5%. The number of new home loans approved by Australian lenders has fallen by 5.6 per cent to a 10-year low in February, after a similarly sharp decline in January. We can not blame natural disasters exclusively for ...

Read More »

London Homes Cheaper than Properties in Darwin?

Residex and Australian Property Monitors have performed a comparison of real estate prices around the world.  What is truly surprising is that the average house in Darwin, Australia is more expensive than its equivalents in London and New York. Work conducted indicates that the median cost of a Darwin house is $549,035 – almost $90,000 over the equivalent residence in ...

Read More »