Units in Western Australia exhibit 5.10% yields during December quarter

Property owners in Perth and elsewhere in Western Australia may be interested in recent findings released in the Residex State Market Report: Western Australia for the December quarter.

The report notes that the state's economy "remains strong", which is positive for homeowners. Existing property owners may wish to make the most of consistently cheap home loans and take a step in the direction of property investment. 

Dwelling unit commencements rise 8.2% quarter-on-quarter

Recovery in new home building is evident, the Housing Industry Association (HIA) noted in an April 16 statement. For those seeking home mortgages, now may be the time to act.

The HIA's comments come on the back of the Australian Bureau of Statistics (ABS) releasing data on building activity across the country on the same day.

Homeowners in Hunter may benefit from transport proposals

A transport plan for the Hunter region was released on April 1 by New South Wales Minister for Transport and Acting Minister for Roads Gladys Berejiklian.

The proposal includes a range of actions that could make property values in the area increase, as the region becomes even more accessible.

Investment opportunities around Australia

Homeowners considering their investment options may be interested in the latest State of the States report, which outlines the economic performance of Australia's eight states and territories.

The report, released in April, provides valuable insight for those looking to make the most of their existing home equity and current home loan interest rates to purchase an investment property in their nearby locality or elsewhere in Australia.

Building and construction changes: Good news for homeowners

A new national building and construction code will make the industry more productive, according to an April 22 statement from Master Builders Australia (MBA).

Housing reaches up despite commercial construction slump

Performance in the construction sector dipped in April, but there were some improvements in specific areas, according to the Housing Industry Association (HIA) in a May 7 release.

The announcement comes on the heels of the most recent Australian Industry Group/HIA Australian Performance of Construction Index (PCI).

Urban Taskforce urges Sydney to 'think big'

There could be a lot in store for Sydney homeowners if recent recommendations from the Urban Taskforce are taken into account by key decision makers.

The industry body focuses on development challenges across Australia and potential responses. It recently made suggestions for Sydney concerning its growing population and how the real estate market needs to adapt.

Legislative change flows freely in Queensland

It will become easier to secure development approvals for Queensland building projects thanks to new legislation that comes into force in just a few months.

Such news will be welcomed by property owners who may wish to utilise competitive mortgage rates to build a new home from scratch that perfectly suits their needs. 

Port developments: Consider Victoria for property buying

The Port of Melbourne will be leased out as part of a Victorian government initiative to boost the state's commercial opportunities.

These initiatives could help drive Victoria's ongoing commercial success and even create jobs, making the area a good place for purchasing property. Along with record-low mortgage rates, now may be a good time to consider upgrading.

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