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Australia News:

Buyer’s property market in Melbourne

The Melbourne property market is continuing to slow, as reflected by the latest property auction clearance rate which slipped again over the weekend...

Biggest auction day of the year in Sydney

Sydney’s property market continued to go from strength to strength last week, with a number of buyers bidding for almost 900 residential properties that went under the hammer in just one day...

Biggest property auction day of the year in Sydney

Sydney’s property market continued to go from strength to strength last Saturday, with a number of buyers bidding for almost 900 residential properties that went under the hammer in just one day...

Searches for property in Australia increase

There has been a sharp rise in the number of online searches from Brits for properties in Australia, according to the latest search data from Rightmove Overseas...

Australian property auction clearance rates rebounds

The Australian property market last week recorded a strong 76% rate from 826 auctions reported to the Real Estate Institute of Victoria (REIV), while research house RP Data struck 73...

Sydney's Barangaroo waterfront apartments sell out in hours

Insatiable demand for newly released off-plan homes at Lend Lease's new Barangaroo precinct in Sydney led to all residential units at the scheme selling out within four hours of their launch last weekend...

Australian property auction clearance rate continues to rise

Despite Australia's upcoming election, the country’s housing market remains buoyant, with around 80% of properties selling at auction in Melbourne and Sydney over the weekend...

Property auction market remains strong in Sydney and Melbourne

The property auction clearance rate in Sydney remained high last weekend at 80.8%, while Melbourne recorded a solid clearance rate of 70...

Sydney property prices head north

Residential property prices in Sydney are being pushed higher due to a shortage of available housing stock in some parts of the region...

Blue collar workers head for Australia

There has been a rise in the number of blue collar workers moving to Australia, where they can expect t receive six figure sums each year, according to The Emigration Group...

Rotating property for sale in Australia

A spectacular high-tech house which can rotate 360 degrees will go up for auction this week. The four-bedroom revolving house, which is located in Canberra, Australia, operates at the touch of a button, allowing it to literally follow the sun throughout the day...

Buyers’ market in Sydney as demand continues to fall

Demand for properties in Sydney, along with many other parts of Australia continues to soften, reflected by a fall in property sales...

AUD rallies as RBA cuts interest rates overnight to 3%

The RBA cut interest rates by 0.25% overnight to 3%.  Although it didn’t come as a surprise some market participants were caught short, taking a punt on the central bank cutting by 0...

Demand for new homes to help NSWs recovery

Housebuilding activity in New South Wales is expected to increase faster than the rest of Australia helping to stimulate growth, according to a report by the Australian Construction Industry Forum (ACIF)...

Reserve Bank of Australia cuts rates by 0.25%

The Reserve Bank of Australia surprised investors overnight and cut interest rates by 0.25% to 3.25%, prompting investors to sell-off the Australian dollar which could result in a decline in the currency’s value against other major currencies, according to UKForex...

Greater demand for new homes in Australia

There was a significant increase in mortgage lending to homebuyers looking to buy a new home in Australia, according to latest data from the Australian Bureau of Statistics (ABS)...

Australian property prices tipped to increase

Australian property prices could start to increase again from next year, thanks in part to a shortage of homes across parts of the country, according to a new report...

Australian government makes it easier for migrants

The number of Brits looking to find a property in Australia could soon rise after the Australian government announced that it will reduce the current “pass mark” for people looking to get a visa to migrate down under...

Australian property prices expected to rise in 2012

Australia property prices have been tipped to recover from recent falls, with values expected to increase across most of the country next year, according to market experts...