Economic Updates

When it comes to elevating the profile of a geographical or council area, as well as the value of real estate of other assets in that region, infrastructure and community development plays a key part.

Interest rates have been a steady pillar of support in the property market over the past few years.

A strong supply of new homes for sale isn't just essential to keep the wheels of the real estate market spinning - it's crucial for supporting affordability in some of the busiest and in-demand areas.

There are some unique features about each property year that one, seemingly, can count on.

The Property Council of Australia recently announced that record levels of construction across the country are expected to continue throughout the 2016 financial year.

While the expectations of economic expansion over the past year have not quite been met by reality, there is still growth happening in financial markets and real estate in Australia.

Other than its beaches, Queensland is a state that's generally known for its mineral-rich natural environment. However, recent research has shown it's the construction and property industries that are making a name for this sunny Australian state. 

A new report from CommSec has found that Western Australia is currently the country's best-performing state, which signals a strong area for commercial and residential real estate investors. 

Parramatta's already strong economy is set to improve over the years, after a new master plan was announced to revitalise the city and turn it into a more attractive place to live and work.

Parts of Melbourne are set to see a rise in available housing and land supply, as the state government has announced the release of 50,000 land lots. 

A massive upgrade of a dairy manufacturing plant in East Melbourne may provide a positive injection to the economy and boost the demand for real estate in Melbourne. 

The strategy aims to strengthen the city's economy by boosting jobs and infrastructure, supporting local businesses and driving tourism up.