The ABS June 2025 building approvals data reveals a dynamic shift in the property landscape, offering fresh opportunities for both homebuilders and investors. With total dwelling approvals jumping 11.9% month-on-month to 17,076, and a striking 27.4% rise year-on-year, the market is showing renewed momentum –particularly in the multi-unit sector. Source: ABS Private sector dwellings excluding…
For decades, property development has been perceived as the exclusive domain of the ultra-wealthy, those with deep pockets, vast land holdings, and access to elite financial networks. But this myth is not only outdated, it’s actively misleading. Today, property development is more accessible than ever, and it’s not just about building high-rise towers or sprawling…
Whether you’re building your dream home or a smart investment, the latest property design trends from Mirvac’s Property Choices survey offer valuable insights into what’s in demand for 2025. According to the survey, the modern homeowner isn’t just looking for a house – they want a space that adapts to their lifestyle. High ceilings, quality…
It happens every year. The TV show “The Block” inspires a new wave of investors keen to get involved in renovating and “flipping’ properties. Just to make things clear “flipping” is where you purchase a property and then sell it within a short period of time for a higher price, usually having added value through…
Are you considering building your dream home in Australia? You’re not alone – but brace yourself. In recent years, the cost of building has skyrocketed. So too has the time it takes to get a home out of the ground and move-in ready. Why? A perfect storm of labour shortages, soaring material costs, global supply…
A home improvement loan is a term that is increasingly being used in Australia, but is largely a US phrase that’s been imported. It describes a type of loan that is a separate product to the mortgage you might already have, and is generally used to renovate a property. People may choose a home improvement…
Australia’s housing crisis has reached a tipping point. Demand continues to outstrip supply, affordability has fallen off a cliff, and the dream of home ownership is slipping away for many everyday Australians. For years we’ve talked about building more homes, but the real question is where, how, and what kind? Now the Housing Industry Association…
The simple answer is NO, not in the way you’re expecting. Many of the upfront costs are considered what we call a ‘capital cost’. These include stamp duty, conveyancing costs and building and pest inspections. You cannot claim these costs as a tax deduction in the year they were incurred. Instead, they get added to your…
In exciting news for the Melbourne property market – the recent Reserve Bank of Australia decision to reduce interest rates is expected to spark a wave of new residential property developments and attract a fresh influx of investors, setting the stage for a significant upturn in property prices. So, why are lower interest rates such…
Imagine a system where building a townhouse feels like playing a game of snakes and ladders—except the snakes are endless paperwork, delays, and appeals. That’s what Victoria’s planning process has been like for developers. But the state government just rolled out a new rulebook to shake things up. Premier Jacinta Allan and Planning Minister Sonya…
