REAL ESTATE

Australian consumers are placing major purchases like property, cars and vacations on hold for the year according to results of a survey conducted by mortgage provider Homeloans Ltd.

Local Tenant Advice and Advocacy and Home Assist Secure services are available for Queenslanders in need with service providers able to apply for up to $10,000 in extra funding.

Revenue earned from the lease of the Abbot Point Coal Terminal will be used to fund reconstruction efforts in Queensland.

Real estate mogul John Gandel will sell his 50 percent stake in shopping center Northland to increase his exposure to sharemarket listed real estate companies.

Victorians are being saddled by more mortgage debt as a legacy of the property boom of 2010 says the latest ING Direct Financial Wellbeing Index.

As more people delay buying houses and opt to rent, rates for residential rentals are expected to climb when demand overtakes supply.

ANZ Bank is predicting that home prices will stabilize this year and remain flat to an average of $550,000　as a consequence of expected rising interest rates.

The Consumer Price Index for the housing group rose by 0.6 percent, compared to the all groups increase of 0.4 percent during the December quarter.

A new Queensland Reconstruction Authority has specifically been established to spearhead efforts to rebuild the state after the devastating floods.

Housing prices in the country are expected to decline because of rising interest rates and restricted access to credit says a survey conducted by the National Australia Bank.

Citizen calls made to Crime Stoppers have helped nab and curtail looters taking advantage of abandoned properties during the flood.

Adelaide suburb, Magill was the best performing market in South Australia with a 19.09 growth rate in December.

Adelaide was voted as the most livable city in the country based on the results from a national survey commissioned by the Property Council of Australia.

The Melbourne housing market was ranked at 321st place out of a 325 markets in the world in terms of housing affordability reports the Demographia International Housing Affordability Survey.

Canberra authorities are still offering incentives to commercial office buildings that implement changes to cut down on energy and water consumption.

Canberra was ranked as the second most attractive city to live in based on its selection of good schools and healthcare services, safety and employment opportunities says a survey commissioned by the Property Council of Australia.

Local governments need to provide more detailed flood mapping data to accurately determine flood risk to properties urged the Insurance Council of Australia (ICA).

A new partnership between the Aurora Group and Majestic Hotels is set to benefit the South Australian and Northern Territory markets by expanding the properties on offer and combining marketing knowledge and experience for the tourism industry.

Home loan refinancing is set to be the next major source of housing finance for 2011 based on a survey conducted by mortgage broker Loan Market.

The government is mulling over the possibility of charging a national levy on taxpayers to pay for the costs to rebuild Queensland according to Prime Minister Julia Gillard.

Bravo’s hit series The Real Housewives of Beverly Hills star, Kyle Richards and husband Mauricio Umansky have bought a new Bel-Air property for more than $3 million.

Latest date from the Australian Industry Group's Australian Performance of Construction Index (Australian PCI) in conjunction with the Housing Industry Association, has shown that developments in engineering construction mitigated effects in the national construction industry as it helped slow the rate of contraction in December. While lifting 1.6 points to 43.8, the seasonally adjusted index remained below 50 indicating a contraction in activity.

Property experts agree that to rebuild the damage caused by the flooding investor confidence must be restored and communities be made more resilient.

Suburbs damaged by the flood waters in Brisbane may not be rebuilt confirms says Premier Anna Bligh as residents prepare for another wave of flooding.

The devastating Queensland floods have left many residential and commercial properties inundated as residents come to grip with the effects of the flood and try to return back to their homes and businesses.

Property sales volumes dropped during the September 2010 quarter by 57 percent compared to the same period in 2009 based on the report released by the Housing Industry Association.

Despite a somber start of the year, there is still a lot to look forward to for savvy property investors.

Real estate prices in Brisbane are forecast to plunge and rental rates to rise as market demand for accommodation jumps during the wake of the disaster.

The largest real estate auction in the country offering 152 properties and 12 luxury boats on sale will begin from January 28 to 30.