There are plans to convert the former site of the Charles Sturt University (CSU) into a residential estate in five year's time.
Insurance companies are being urged to improve their policies when it comes to flood disasters says Queensland Premier Anna Bligh.
The Queensland floods that inundated most of the state and crippled many of its major industries could possibly be the most expensive disaster in the country says Federal Treasurer Wayne Swan.
The already weak Brisbane property market will take further beating as houses are expected to be taken out of the market completely and prices start plummeting.
While the Brisbane River peak is expected to be lower than expected at 4.6 meters, an estimated of 15,268 residential and commercial properties are expected to be affected by the flooding with the suburbs Brisbane City, St. Lucia, West End, Rocklea and Graceville being the worst hit.
Areas devastated by flood waters can look forward to years of rebuilding with homes, infrastructure and businesses damaged.
The Centro Properties sale of its 600 U.S. shopping centers and 112 overseas malls has attracted interest from six high-profile local and overseas companies.
Victorian residents wanting to build new household dams in areas located on the rural-urban fringe will be allowed a two-month grace period to register starting from January 1.
The number of mortgages in Western Australia dropped in December as more people considered fixed-rate mortgages to counter the threat of rising interest rates.
The proposed gas hub slated at James Price Point, north of Broome, will impact the local housing raising prices and increase rents says the president of the Real Estate Institute of Australia
Dwelling approvals in the country dropped by 4.2 percent in November 2010 says the Australia Bureau of Statistics Building Approvals.
Construction activity in Australia in December continued to decline with only the engineering construction showing improvement.
Properties found in the New South Wales region of Northern Rivers are selling well with Wollongbar becoming the most popular area.
Perth’s property market is on the upswing with building approvals increasing for the third month in a row based on figures reported by the Australian Bureau of Statistics.
Home builders have joined forces to offer affordable housing in eight Satterley estates across Western Australia.
Property developers can expect to have a slow year ahead as the demand to renovate and build houses drop based on figures reported by Australian Bureau of Statistics.
The 2011 outlook for property prices is set at modest three percent with Sydney and Perth forecast on becoming the best performing markets says the Australian Property Monitors.
As weather conditions around the world become more and more unpredictable, it becomes sound advice for home owners to be prepared to face many possible scenarios.
Floodwaters seem to be reaching its peak soon in some areas in Queensland as authorities appoint Maj. Gen. Mick Slater to lead recovery efforts in the state.
New homes sold in the country in November dropped by 0.2 percent says a sales survey.
Mortgage exit fees for new home loans in Australia will be abolished beginning July 1 as part of efforts to overhaul banking law.
Real estate agencies have been penalized for underquoting expected sale prices at auctions.
Demand for rental housing was tighter during the New Year as supply failed to meet the rise in demand.
The possibility that interest rates may rise further discouraged first home buyers from entering the market in 2010.
Western Australia’s so-called Taj-Mahal-on-the-Swan, a mansion built by well-known entrepreneur, Pankaj Oswal, may possibly be up for sale after financial difficulties put Oswal’s fertilizer company in receivership.
Property prices are expected to register a five percent growth by late next year predicts industry experts.
Forecast rising interest rates will affect the housing industry says a Global Real Estate Trends report.
The Canada Pension Plan Investment Board is one among a leading group offering to buy out industrial real estate firm, ING Industrial Fund .
As the water level rises in the River Murray, median property prices are also increasing in the Alexandrina Council area climbing by as much as 12.5 percent to $370,000 in December.
First home buyer loans in the Australian Capital Territory plunged by as much as 50 percent during the three months to October 2010 says a housing report.
