Wild reason couple ordered to demolish dream home. Picture: Facebook; Supplied A UK couple have been ordered to demolish their £1 million ($A2 million) dream home after they were found to have made a “flagrant breach” of the rules. Jeremy and Elaine Zielinski were given permission to build a stallion semen collection centre and laboratory. […]
When I first started investing in real estate, property research was the area where I wasted the most time. Before I felt comfortable sending out an offer, I thought I had to know everything about a property. Every zoning nuance, every easement, every possible red flag—I left no stone unturned. Now, being thorough isn’t a bad thing. […]
Noelle and Matthew Wallace, as well as their daughter Mia, 3, are selling their Mentone unit as they look to step up the property ladder. Picture: Jason Edwards. An interest-rate cut this week is set to bring relief to thousands of Melbourne households struggling with mortgages. But for Mentone’s Wallace family a cheaper rate on […]
The territory government has proposed “missing middle” planning changes to boost housing in the nation’s capital. The ACT government announced the draft reforms to suburban zoning and new design requirements to encourage more low-rise homes, such as townhomes, in Canberra’s existing suburbs. The territory says the new changes will deliver an increased supply of “missing […]
“It’s my property and I can dictate how I expect the tenant to behave and what they can do.” I hear this a lot from landlords and they are quite taken aback when I tell them, well, actually no, you can only put in conditions that are consistent with the legislation. I get it – […]
With quality established housing stock dwindling across the country, homebuyers and investors are turning to vacant in-fill land to construct new properties to take advantage of the many benefits that come with building from scratch. National buyers’ agency Adviseable has revealed six locations where new homes can still be built for under $850,000, offering buyers […]
Kelly Ryan has stepped aside from her role as Real Estate Institute of Victoria chief executive a year after taking on the role. Real Estate Institute of Victoria chief executive Kelly Ryan has left the property industry group’s top job almost exactly a year after stepping into the role. The former Netball Victoria boss joined […]
One state is ready to offer renters a fresh path to homeownership through a scheme that leverages new builds. The South Australian government has launched its Rent-To-Buy Affordable Housing Initiative, which is set to allow long-term renters to buy one out of 100 new homes currently under construction. Announced as part of the state’s budget, […]
The Reserve Bank of Australia’s latest interest rate cut has given Aussie homeowner’s plenty of reason to rejoice. However, experts warn Tuesday’s decision could prove to be a double edged sword that could see investors dominate the market, while first home buyers continued to feel the housing squeeze. Money expert and mortgage broker Julian Finch, […]
A suprise new leader has been named for Australia as two capitals hit the global top 10 in the latest Oxford Economics analysis. Two Australian capitals have hit the top 10 of an elite global index, with two others penalised for shock surges in housing costs – seeing a surprise new top city named for […]