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Hot Property: The biggest property headlines from week 29 August to 2 September

by Adrian Suljanovic5 minute read
Hot Property: The biggest property headlines from week 29 August to 2 September

The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 2 September.

Welcome to The Adviser’s weekly round-up of the headline stories and news that are important not only for the mortgages sector, but also for the state of property in Australia more broadly.

To compile this list, not only do we consider the week’s most-read stories and the news that matter to you, but we curate it to include stories from our sister brands that also have an impact on the Australian property landscape.

Here are the biggest property stories of the week:

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57% choose their broker based on family/friend referrals

More than half of mortgage broker clients chose their broker based on tips from family and friends, with a third doing online research, according to new data.

2-year rent freeze plan slammed as ‘farfetched and unrealistic’

A call from the Australian Greens for private rents to be frozen for the next 24 months for “millions” of tenants has been shot down by the Prime Minister.

Housing downturn is accelerating, finds CoreLogic

The Home Value Index has dropped for a fourth consecutive month, with falling values becoming more widespread, according to CoreLogic.

Home approvals nudged up

While new dwelling approvals plummeted, detached homes increased marginally. 

Buyers continue to purchase ‘sight unseen’

As many as one in four buyers are still inspecting property outside the state they live in, a trend that’s showing “no signs of slowing”, according to a new survey.

Sunshine state scams snatch would-be tenant bonds

A spate of Sunshine Coast rental scams that have emerged this past week highlight the ever-constant threat of cyber crime.

Former Socceroo signs on with The Agency

The former Australian representative soccer player — who has also spent time as Perth Glory’s head coach — has traded his boots in to become the brand’s newest property specialist.

Familiar face returns to Harcourts top job

The group has announced Mike Green will resume the role he parted ways with three years ago.

What it takes to make Ray White’s no.1 global agent

When 27-year-old Josh Tesolin joined the Ray White network, he made a pledge to become the company’s number-one agent, a dream he recently realised.

Australia’s most affordable suburbs for first home buyers

New research has identified 10 affordable and desirable Australian housing markets that offer a great opportunity for home owners.

[RELATED: Hot Property: The biggest property headlines from week 22–26 August]

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Adrian Suljanovic

AUTHOR

Adrian Suljanovic is a journalist on Momentum Media's mortgages titles: The Adviser and Mortgage Business.

Adrian has written for a range of titles under the Momentum Media umbrella such as IFA, Investor Daily and Lawyer’s Weekly before joining the mortgages team in 2022.

He graduated from the University of Wollongong in 2021 gaining a Bachelor of Communication & Media with a major in Digital & Social Media.

E-mail Adrian at: [email protected]

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