|September 2005||News Article|
Insurance against drop in property values offered
Home owners and investors will now be able to insure against a drop in the value of their property.
Civic tower planned
Another high-rise residential tower is planned for Canberra – this time in Civic, it was reported today (Sep 28).
Baby boomers like moving
One in three baby boomers (aged between 50 and 59) have moved in the past five years – most to a different suburb or city.
New dwelling sales rise
Sales of new homes and units rose by 5.6 per cent in August, according to the Housing Industry Association New Home Sales Survey figures issues today (Sep 23).
$10 billion worth of new kitchens and bathrooms forecast
An estimated 443,600 kitchens and 668,200 bathrooms worth $10 billion are forecast to be installed in Australia over 2005-06, according to the Housing Industry Association’s annual Kitchens and Bathrooms Report released today (Sep 22).
Housing starts expected to fall
Starts on new housing should fall by 4 per cent in 2005-06, compared to an actual fall of 9 per cent the previous year, according to the September 2005 quarter Housing Industry Association National Outlook published...
NSW councils to get common planning platform
The draft standard Local Environment Plan went public today.
Belconnen to have big residential tower
Belconnen in to join Woden in getting a large residential tower, it was reported today (Sep 20).
Planning red tape abounds: committee told
Red tape is a major stumbling block in the ACT, according to the Property Council.
Three major banks offer lower rates
The National Australia Bank and ANZ will join Westpac in lowering fixed-interest housing loans from Monday (Sep 19).
Index first-home-buyers grant, REI says
The first home-buyers grant should be indexed, the Real Estate Industry Association of Australia says.
Forget sport and love, just pay the mortgage
Forget sporting victory, the world holiday or irresistibility to others, Australians want to be mortgage free.
New-dwelling starts bounce back
New-dwelling starts increased in the June quarter by 5.5 per cent to 39,993, according to Australian Bureau of Statistics figures released today (Sep 14).
Environment put before affordability: HIA
The House of Representatives report on “Sustainable Cities” put ht environment before affordability, according to the Housing Industry Association.
Renovations boom with stable interest rates
Renovation activity rose by 24.2 per cent in June quarter off a weak base, largely because of stable interest rates and resilient house prices.
Eyes on 600-hectare Illawarra development site
A 600-hectare development plan is being considered this week (week ends Sep 13) by Wollongong City Council.
Homeowners badly under-insured
Australian home-owners are significantly, both for building and contents, according to a report published today (Sep 8).
17 solar houses on display this weekend
Seventeen solar houses are on display in and around Canberra this weekend (Sep 10-11).
Construction rorts to be cleaned up
The passage of the new Building and Construction Industry Improvement Bill through Parliament this week (week ends Sep 10) will help clean out corruption and illegal practices in the construction industry, according to the Housing Industry...
Reserve holds interest rates
The Reserve Bank decided today (Sep 7) to leave interest rates on hold, as expected by the markets.
Housing finance figures show stability
Housing finance in July increased slightly, according ato Australian Bureau of Statistics figures released today (Sep 6).
DYI renovation more costly than thought
Forty three per cent of renovators find their renovations end up being more expensive than they thought and 49 per cent find unexpected jobs occur throughout the process, according to a national survey by insurance company...
600 new dwellings near Oaks Estate
A plan to put 600 dwellings on 37 hectares near the Oaks Estate was announced today (Sep 2).
House prices rise in Canberra
The price of established houses rose in the past quarter by 0.3 per cent and 2.5 per cent in the past year, according to Australian Bureau of Statistics figures released today (Sep 1).