Nestled conveniently just outside of Newcastle, Wallsend is truly a hidden gem that perfectly marries rich history with modern community spirit. With a vibrant local culture, striking parks, and an array of amenities, Wallsend is not only a fantastic place to live but also a promising area for investment in the ever-evolving landscape of Australian...
By APN National Perspective This information is for general guidance only and not financial advice. Introduction: A Journey to Homeownership Buying your first home is one of the most significant milestones in our lives. It’s a journey filled with dreams, aspirations, and sometimes a fair bit of frustration. If you’re a first home buyer in...
Australian property prices are showing signs of a potential turnaround, particularly in high-end segments. CoreLogic data reveals a slight national dip (-0.1%) in the March 2025 quarter, with capital city markets declining (-0.4%) but regional areas seeing growth (1.0%). However, high-end properties are experiencing a recovery, with February's upper quartile prices rising (0.2%), reversing January's decline. This suggests potential momentum for the overall market. Factors like lowered mortgage rates and improved buyer sentiment are driving this turnaround, particularly affecting high-end markets where finance availability is key. Sydney's high-end eastern suburbs and Melbourne's Stonnington East region are showing the most pronounced recovery. While some caution is warranted, given a slight dip in auction clearance rates and longer listing times, the current data points towards a potential stabilisation, presenting both buyer and seller opportunities. Australian property professionals should monitor the specific regional and price segment trends to adapt strategies.
Prime Minister Anthony Albanese's response to ex-Tropical Cyclone Alfred has provided a potential boost to his image ahead of the federal election. His on-the-ground presence and clear communication style, reminiscent of Kevin Rudd's handling of the Black Saturday bushfires, have reinforced his leadership credentials in a crisis. This contrasts with Opposition Leader Peter Dutton's more digitally-focused approach, which has proven less effective during this natural disaster. While Albanese's performance may influence voter perception, experts believe economic concerns and "culture war" issues will ultimately drive voting decisions, particularly in key Queensland electorates. Despite a recent bump in approval ratings, the election outcome remains uncertain with polls predicting a tight race. This demonstrates the importance of strong leadership and effective communication for Australian property professionals, who often navigate complex and challenging environments.
A UK university, in partnership with Australian 3D printer manufacturer Luyten 3D, has installed cutting-edge 3D concrete printing technology, sparking interest within the Australian construction industry. The technology promises faster, cheaper, and more sustainable construction, with Luyten 3D reporting potential 60% waste reduction and 70% time savings on Australian projects. However, scepticism remains regarding durability, skills needs, and regulatory hurdles. This development raises crucial questions for Australian property professionals about skills development, sustainable building practices, and addressing housing affordability. While caution is warranted, industry-university collaboration like the initiative being undertaken in the UK could pave the way for pilot projects and innovation in Australia, requiring investment in skills training and certification to ensure effective and safe adoption.
Victorian property professionals should be aware of the North East Link's significant impacts on local markets. Part of Victoria's Big Build, this 6.5km tunnel connecting Watsonia and Bulleen will drastically alter accessibility and traffic flow. Expected completion will see 15,000 trucks diverted from local roads daily, easing congestion and potentially impacting industrial property values. Commutes will shorten by up to 35 minutes, influencing residential desirability in surrounding suburbs. Further upgrades to the Eastern Freeway and M80 Ring Road, incorporating new lanes and smart technology, will enhance connectivity and potentially boost commercial property values. Stay informed about this transformative infrastructure project and its ripple effects on the property landscape.
Kingsbury, a Melbourne suburb just 12km northeast of the CBD, is gaining traction with investors and first-home buyers due to its relative affordability, proximity to La Trobe University, and planned infrastructure upgrades, including the North East Link. The auction of a classic three-bedroom house at 15 Bunker Ave highlights the opportunities for property professionals.
The article explores the ‘renovate vs. rebuild’ dilemma facing buyers, presenting builders with distinct avenues for business. Renovations offer steady work in extensions and remodelling, requiring expertise in adapting older structures to modern standards, including open-plan layouts and energy-efficient features. Conversely, knock-down rebuilds cater to custom home designs, allowing for modern builds but presenting challenges regarding planning regulations and potentially higher upfront costs.
Sustainable building practices, modern design aesthetics, and compact housing solutions are impacting project appeal. Builders who prioritize energy efficiency and can deliver contemporary living spaces with maximum space utilization are likely to thrive. The story of the current owner also serves to highlight the changing demographics in the area. The auction represents an opportunity for property professionals to gauge the market sentiment towards this suburb.
This insightful report from the UK Construction Blog offers valuable lessons for Australian property professionals. Lendlease's strategic decision to refocus on the Australian market, detailed in the report, highlights the volatility of global construction and the potential benefits of domestic market concentration. Their turnaround to profitability signals a possible broader trend for Australian firms prioritizing local projects amidst global economic headwinds. The report also explores a UK sustainable school development, showcasing net-zero building practices relevant to Australia's growing focus on green infrastructure and emissions reduction.
Furthermore, the discussion around extended UK structural warranties, potentially shifting to 15 years, presents a pertinent debate for Australia. This could foreshadow similar conversations here, impacting building standards, risk management, and insurance within the Australian market. Finally, the UK's significant investment in renewable energy infrastructure, exemplified by a 2GW subsea cable project, underscores the scale of grid modernisation required for renewable energy integration - a crucial area for Australian energy policy and property development planning. For Australian property professionals, this UK news provides a valuable external perspective on market agility, sustainability, warranties, and crucial energy infrastructure developments.
Avian influenza (H7N8) has struck a fourth poultry farm in Euroa, Victoria, linked to the ongoing outbreak at major egg producer Kinross Farms. This latest case necessitates the culling of another 90,000 birds, bringing the total to approximately 600,000 in this outbreak, impacting egg supply chains. For Australian property professionals operating in the Strathbogie Shire, particularly around Euroa, Violet Town, Longwood, Ruffy, Avenel, and Strathbogie, strict biosecurity measures are in place. Movement of birds, products, and equipment within the restricted and control areas requires permits. This includes restrictions on selling or giving away eggs from properties with poultry. Property professionals should be aware of these restrictions and the potential impact on local businesses. The ongoing situation highlights the importance of biosecurity awareness and compliance for all stakeholders in the rural property sector.
Welcome to the Neighbourhood Nestled in the heart of Melbourne’s northern suburbs, Preston has rapidly emerged as a vibrant community, rich in culture, diversity, and an array of local amenities that cater to all lifestyles. As we step into 2025, Preston has transformed into a flourishing hub, becoming more than just a stopover for those...
Tucked away in the rolling hills of North East Victoria, Chiltern is a charming town that seamlessly blends rich history, stunning landscapes, and a tight-knit community spirit. As we step into 2025, Chiltern emerges not just as a place to live, but a destination that promises an enchanting lifestyle. The town’s distinctive historic architecture tells...