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ISCOVER
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 30 June.
Welcome back to The Adviser’s weekly round-up of headline stories and news that are important not only for the real estate sector but also for the state of Australian property more broadly.
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To compile this list, not only do we consider the week’s most-read stories and the news that matter most to you, but we also curate it to include stories from our sister brands that also have an impact on the Australian property landscape.
Here are the biggest stories of the week:
Rising mortgage payments drive home owners to sell at a loss
The profitability of Australian homes has continued to decline, with a growing number of home owners selling their properties at a loss to avoid higher mortgage repayments.
Government finalises HomeBuilder scheme extension
The Albanese government has announced the deadline for existing HomeBuilder applicants has been officially extended.
‘Most serviceable’ suburbs revealed: PropTrack
PropTrack has released new data that revealed the most affordable suburbs to own a home as mortgage repayments climb.
Which postcodes are most at risk from higher interest rates?
A new report showed the weight of higher interest rates may potentially fall disproportionately on regions already saddled with significant debt.
Agents cop soaring landlord calls as Victorian tax hikes flow down
A new study reveals that agents have been flooded with calls from landlords since Victoria’s state budget imposed new and increased land tax on investment properties.
Qld team identifies surefire sellers with comped commission
An unorthodox sweepstakes contest has identified a pipeline of soon-to-list sellers for a Queensland team.
What can $750k get you in today’s property market?
A new report has highlighted the enduring resilience of real estate assets, even in the backdrop of economic uncertainty and global challenges.
Boutique network appoints new CEO
The surging tide of change has continued sweeping through Barry Plant with the network promoting an experienced executive to its top role.
Alarm bells ring as agent loses $300k+ to remote access bank scam
The real estate industry is being urged to be extra vigilant following the revelation that a Western Australian agent has lost $329,500 to scammers.
Perth buyers warned against FOMO-driven decision making
While the Western Australian capital is an increasingly attractive market for investors looking for an affordable market entry point, one buyer’s agent has offered a stern warning.
[RELATED: Hot Property: The biggest property headlines from week 19-23 June]
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