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Australia’s property market continues to reset as the downturn spreads, but the picture varies sharply across the country.
Investors are looking to apartments, commercial property and overlooked Melbourne opportunities as traditional strategies come under pressure, while first-home buyers are returning to compete for affordable stock.
With rental pressures building, housing targets slipping and spring sellers facing cautious buyers, this week’s headlines reveal where opportunities are holding up in a softer market.
– The HomeGuru Team
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Auction Clearance Rates
Home Buyers Around the Country
Temple & Webster’s ‘choose your own adventure’ earnings report (AFR)
Melbourne units outperform houses in auction clearance rates (REA)
First-home buyers back in force (AllHomes)
The critical strata checks Victorian buyers can’t make (SPI)
Auction activity remains stable after rate hold (RayWhite)
Non-banks are having a moment traditional lenders can't ignore (ABN)
Five charts that explain what’s really happening with housing (SMH)
SA’s cheapest homes will shock bargain buyers (REA)
Why most homeowners don’t need to lose sleep over negative equity (Domain)
Hundreds of millions in suspected fraudulent home loans exposed (SPI)
Aussie states ramp up modular housing push as governments, Bunnings eye delivery of cheaper apartments (Yahoo)
Realtors brace for bleak spring selling as buyers go ‘on strike’ (AFR)
Experts reveal best way to buy in a weak market (News)
Investors
Rental disorder: property giant’s warning on 30pc rises (The Australian)
The Australian suburbs delivering the highest apartment investment returns revealed (REA)
Iconic Hydro Majestic Hotel is searching for a new owner (Domain)
WA, SA the last regional markets standing as downturn spreads (SPI)
Shrinking advice sector pushes investors to AI (ABN)
‘Drive prices down’: Explosive housing theory (News)
Investors and first-home buyers forced into battle for new and cheaper Sydney homes (REA)
Investment potential waiting to be unlocked in Melbourne (SPI)
The remote town that's now booming after being 'reshaped' by young Aussies (Yahoo)
Outlook worsens for government to meet 1.2 million houses promise (ABC)
Are these assets the missing piece in Australian portfolios? (FirstLinks)
Locked out of residential, SMSF investors chase commercial yields (ABN)
Albo housing reform fuels $1.53bn Sydney fallout (News)
The wealth building rules have changed. Why young Aussies should turn their back on property (Yahoo)
Property Stat of the Week
Property Chatter
Source: larkinsb (via Imgflip)
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