|June 2006||News Article|
School sites ‘should go to aged and housing’
When schools close, the sites should be turned over to housing with a minimum requirement for aged housing, according to the Housing Industry Association.
Renters to suffer under budget changes: Mulcahy
Renters will suffer as the owners of residential and commercial property in the ACT are hit by the Budget changes, according to shadow treasurer Richard Mulcahy.
Eco houses win awards
The three energy- and water-efficient display homes and gardens in North Watson, ACT, have won awards at the 2006 Boral MBA Awards.
Rents to rise as ACT squeezes property
Rents in the ACT are expected to rise even further as new levies and taxes hit in the ACT, according to the Real Estate Institute of Australia ACT branch.
ACT housing demand to surge
The demand for housing in the ACT would rise by more than 30 per cent in the next three years because a boost to the federal Public Service
State Circle housing approved
Fifty-seven luxury units on a site where there were five houses in State Circle have been approved by the National Capital Authority.
Rate rise likely to keep housing down
The housing downturn is likely to continue to next year because of a likely increase in interest rates, according to a banking researcher.
Housing to go up 4pc in ACT, BIS says
House prices are expected to rise by about 4 per cent in the next three years, according to the latest BIS Shrapnel report published today (19June06).
Housing intent shows signs of recovery, survey shows
Confidence within the stagnant Australian housing market is showing signs of a recovery, with two-thirds of Australians saying they have either bought or renovated in the past 12 months, or intend to in the coming year.
Voluntary gas restrictions for ACT
ActewAGL has called on Canberrans to ease up on the gas or face compulsory restrictions or supply disruption.
Allhomes No 1 real-estate website: survey
The May survey of 1000 recent property buyers in all ACT suburbs concluded that allhomes.com.au is the most effective medium for advertising Canberra properties.
ACT has most affordable housing
The ACT has the most affordable housing in Australia, according to the Real Estate Institute of Australia.
ACT land tax up 10 per cent now highest in Australia
Land taxes have gone up in the ACT by nearly 10 per cent, creating an Australia-wide record, according to the ACT Property Owners Association.
Look behind the beachfront
Properties a few blocks back from the beach are becoming the hot target, according to the latest issue of, Australian Property Investor magazine out this week (week ends 10June06).
Housing investment weaker as rates on hold
The growth of the Australian economy improved in the March 2006 quarter, but the decline in housing investment continued, according to figures released today (07June06) by the Australian Bureau of Statistics.
Renovations back to solid levels
Major renovation activity recovered in the March 2006 quarter, pegging back all of the ground lost in a weaker end to 2005.
Horror Budget for ACT home-owners
Business and property owners’ groups have slammed the ACT Budget delivered today (06 June 06) as being too hard on home-owners.
NAB cuts fixed rate for new customers
The National Australia Bank has cut its fixed interest rate from 6.49 per cent to 6.25 per cent for new customers for the first year.