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Showing 1 - 10 of 161 results for %22Rate City%22

SMC says 'reckless' plan could cost taxpayers $1tn

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... taxpayers an extra $25 billion a year, the modelling found. Previous SMC modelling found the policy would simply raise capital city house prices by $75,000 - forcing future generations of young Australians to wait even longer to buy. SMC chief executive ...

Aware builds property portfolio, adds 726 homes

ELIZA BAVIN  |  WEDNESDAY, 24 APR 2024
... Estate's Melbourne portfolio to more than 930 across four sites. The launch of the projects come as Melbourne's rental vacancy rate sits at a record low, below 1%, with a surge in migration fueling demand. "This is a city crying out for more housing ...

Coalition's super for housing scheme slammed

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
... pouring retirement savings into housing would inflame an already-inflated property market - pushing up the major capital city median price by an estimated 9%. SMC modelling found the scheme would fuel demand in capital cities and led to price increases ...

Housing crisis costing Australia $64bn: Aware

CASSANDRA BALDINI  |  FRIDAY, 6 OCT 2023
... said its EWH program, established in 2018, offers such workers access to housing near social infrastructure and below-market rate. "Aware Super can't solve this problem on our own," said Stewart. "We're extremely proud that we've identified a strong-performing ...

No bubble risk in Sydney housing market: UBS

CHLOE WALKER  |  THURSDAY, 21 SEP 2023
... and 2019, Sydney house prices surged by almost 25% cumulatively across 2020 and 2021, UBS said. More recently, aggressive rate hikes triggered a new sharp price correction, and inflation-adjusted prices are back to 2018 levels. "Further downside is limited ...

Brookfield looks to enter local BTR space

JAMIE WILLIAMSON  |  THURSDAY, 25 MAY 2023
... for Brookfield, residential properties managing director Lee Butterworth said, with vacancy rates at less than 1% in the city, demand for new rental properties is significant. "This is a highly desirable location to live, next to the Brisbane River and ...

Aware Super restructures investment team

ELIZABETH FRY  |  FRIDAY, 17 MAR 2023
... Australia, North America, Asia, Continental Europe and the UK. He is also a director on the board of Oak Tree Group in Brisbane, City ID in Amsterdam, Vivenio Residencial in Madrid and a former board member of Bankstown and Camden Airports in Sydney. ...

CBRE Investment Management appoints APAC research lead

CHLOE WALKER  |  FRIDAY, 13 JAN 2023
... 2022, the survey also uncovered a more cautious sentiment towards commercial real estate investment amid the upward interest rate cycle and the growing likelihood of a recession in the US and Europe. Real estate allocations among Asia-based institutional ...

Australian housing slump marches on

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... facto tightening that started with rising fixed mortgage rates a year ago, the speed of Reserve Bank of Australia (RBA) cash rate hikes and heightened household sensitivity to rising interest rates flowing from much higher debt levels now along with ...

Centuria, MA Financial buy $223m tower

CHLOE WALKER  |  WEDNESDAY, 21 SEP 2022
... embedded capital value and within a market that benefits from strong tailwinds. "Perth has the country's highest occupancy rate among all capital cities with a 71% occupancy rate and the market is further supported by a strong outlook for tenant demand ...
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