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Hot Property: The biggest property headline from week 7–11 August

by Kate Aubrey10 minute read

The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 11 August.

Welcome back to The Adviser’s weekly round-up of headline stories and news that are important not only for the real estate sector but also for the state of Australian property more broadly.

To compile this list, not only do we consider the week’s most-read stories and the news that matter most to you, but we also curate it to include stories from our sister brands that also have an impact on the Australian property landscape.

Here are the biggest stories of the week:

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‘Planning is underrated’: Why it’s helped SA’s no. 4 agent thrive

Harris Real Estate property consultant and South Australia’s top five agent Arabella Hooper is not fazed by market performance because her “stringent” business plan propels her forward, she said.

Property market predictions for Spring ‘23

As the winter months fade away and the weather warms up, attention turns to the upcoming spring property market – a traditionally busy period for the real estate industry.

Is reality TV warping buyers’ expectations?

The nitty-gritty of property purchases may not make for scintillating viewing, but are some shows running the risk of encouraging buyers to make bad decisions by leaving out too much?

Airbnb and Stayz not to blame for rising rents: Inquiry

The results of Queensland’s inquiry into the effects of short-term rental accommodation (STRA) on long-term rental markets are in.

5 suburbs where sales volumes are through the roof on SPI’s Fast 50

In a year where consumer confidence dipped under the weight of rising rates and cost-of-living pressures, these five suburbs managed to experience more sales than any other FAST 50 suburbs.

Westpac increases house price forecast

The major bank has revised up its house price forecast after finding that the market continues to ‘outperform expectations’.

‘Historical high’ for mortgage repayments projected: RBA

The Reserve Bank has lifted its projection for the amount of disposable income that will need to be dedicated to scheduled mortgage repayments.

‘Mammoth’ mortgage hikes hit as fixed rates expire: Lendi Group

Borrowers yet to have their fixed-rate terms roll off are facing a minimum increase of $1,000 to monthly repayments, according to Lendi Group.

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