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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 26 July.
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.
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Here are the biggest property stories of the week:
Risk of rate hike high after data points to tight labour market
The labour market continues to be tight, keeping the risk of another rate hike high. However, market pundits are conflicted on what the RBA’s next move will be.
New loan volumes increase by 6% YOY
A report has revealed an increase in new loans issued over the last 12 months as refinancing volumes continue to dwindle.
Former agency director convicted for $1.2m trust fraud
A prominent former Hunter Valley real estate director and self-described “energetic coach” has been convicted of 11 offences.
5 land lots snagged for The Block 2025 as sustainability gets the spotlight
Plots in the regional Victorian town of Daylesford will be transformed into an ultra-sustainable, carbon-neutral community in next year’s season of the hit TV show.
Wingman Group adds to PM prowess
Rebecca Berry has been revealed as the latest addition to the Wingman Group.
7 locations leading the surge in residential settlements
Residential property market spending has risen to $585.6 billion in the financial year 2024, a 12.6 per cent increase year on year, an industry report has revealed.
10 Perth suburbs that saw more than 30% price growth in FY23–24
Most of the suburbs saw properties snapped up in eight days or less, pointing to the competitive nature of the local market.
What are Australia’s best regions for rental yield?
Some regional markets are offering investors better bang for their buck than their metropolitan counterparts, according to new data.
Brisbane agent jailed after stealing $1.4m from clients
The agent fraudulently withdrew money from trust accounts to fund his gambling habit.
[RELATED: Hot Property: The biggest property headlines from week 15–19 July 2024]
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