Game-changing Tax Reforms for BTR Housing: A Boost for the Melbourne Market
The reduction of the Managed Investment Trust (MIT) withholding tax rate from 30 to 15 per cent, along with the increase in depreciation benefits from 2.5 per cent to 4 per cent per year for new BTR projects, will make it easier for foreign capital, particularly from Global Institutional Pension...
REIWA welcomes the Government's $47.6 million boost to the building and construction industry
Ms Cath Hart said these budget measures would support previously announced initiatives including the $80 million Infrastructure Development Fund to unlock a pipeline of new apartment developments in Perth and worker accommodation in regional areas, and $2.4 billion in social housing and...
Land market report shows Greater Ripley new house and land prices exceed $680,000 - Colliers
Colliers Queensland Ipswich and Ripley Valley PDA Land Market Overview shows land prices are to exceed $300,000 by the end of 2023, taking new house and land packages to over $650,000.
Land sales edge to a new recent low as market nears bottom says RPM
The latest report from RPM Research & Data for Q4 2022 shows gross greenfield land sales across the Melbourne and Geelong growth corridors fell 24 per cent to 2,054, with the rolling 12-month average down 70 per cent to 14,567, Says Luke Kelly, RPM.
In the US, large companies currently own five per cent of residential rental properties “multi-family” assets
Multi-family in the US is the largest property investment type . A study by MetLife Investment Management has forecast that by 2030, this asset class will increase to 40 per cent. In Australia, “build-to-rent”, as we call “multi-family” is still in its infancy. With 84% owned by private...
RPM SEQ Property Research Report revealed SEQ buyers waiting 208 days after signing a contract to settle on residential lots
This is more than double the median of 96 days buyers had to wait in 2021 and more than three times the 67 days it took to settle land purchases in 2020. Despite record construction activity across the state, southeast Queensland is failing to keep up with demand for residential lots,” said...
Developer focus on owner-occupied stock to further pressure rental market - Knight Frank Residential Developer Survey 2023
Knight Frank has released its Australian Residential Developer Survey 2023, which is the first of its kind. Knight Frank Partner, Head of Residential Erin van Tuil said more developers were opting for a balanced buyer pool or homes designed purely for an owner-occupier.
New PBSA Report Reveals Extent of Student Spending
The first-of-its-kind report produced by The Student Accommodation Council in partnership with Accenture, reveals the average PBSA student spends $4,400 per month not including tuition, while the average Australian spends $4,600, says The Student Accommodation Council’s Executive Director Torie...
Experts discuss green and gold decade for Olympic city
Ray White Commercial’s Between the Lines live webinar attracted more than 300 listeners this month as experts discussed south east Queensland’s green and gold decade
