Australian Property Updates

Property Information & Real Estate Updates

Go green – $1000 rebate for a solar hot water system

Federal Government is offering a range of incentives to help Australian households reduce carbon pollution in their homes. For example, the Renewable Energy Bonus Scheme offers eligible Australian households a $1000 rebate for a solar hot water system, or a $600 rebate for a heat pump system. electricity comparison The Scheme replaces the home insulation program and the solar hot ...

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Brisbane homes have become less affordable

Perth is the NO One city for least affordable homes Australia , BRISBANE is No Two, with nine out of 10 city dwellers paying over-the-top house prices. One in five Queenslanders on moderate incomes buy homes within their means but when it gets to Brisbane just 9.8 per cent of houses are affordable. This cost of living squeeze is detailed ...

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Housing market – RBA's assessment

Last week, Real Estate Institute of Australia (REIA) President, Mr David Airey, appealed to the Reserve Bank of Australia (RBA) to take the state of the housing market into consideration when making today’s decision regarding official interest rates. “I am glad to see that the Reserve Bank has made an accurate assessment regarding the state of the housing market.  Further ...

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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 ...

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Boutique Agency VS Big Name Franchise Agency

This is the first article in Real Estate Review from Chilli Realty – “Red Hot Service” in Real Estate. Chilli Realty is a smaller boutique style of Real Estate agency with a head office in Fairfield and we are selling property by Auction and Private Sale, in all suburbs of Melbourne. ( We work with both buyers and sellers, specialising ...

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