The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 14 November.
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 property stories of the week:
Investor lending surges to record high
New investment loans have reached record highs in number and dollar terms, ABS research has found.
Expectations for variable rates to climb surge to 14-month high
Consumer expectations for higher variable rates have risen sharply, new Westpac–Melbourne Institute research has shown.
First home buyers flock to use refreshed 5% deposit scheme
Borrowers are flocking to the expanded deposit scheme to buy property, with the number of first home buyers accessing the scheme up almost 50 per cent in October from a year ago, according to new government data.
First home buyer properties lead October housing surge
Lower-priced homes within the First Home Buyer Guarantee price caps led Australia’s property gains in October, outperforming higher-value dwellings nationwide.
NSW’s new strata reforms safeguard investor assets
The most recent tranche of NSW strata reforms has been rolled out in a bid to enhance resident protections, increase trust in the sector, and ease financial pressures on strata owners.
Perth battle royale: Buyers struggle as homes sell in 2 days
With house listings in some suburbs lasting just two days, buyers in Perth have been facing an uphill battle to secure a property, with short supply further stifling the market.
SA Liberals commit to end stamp duty
The opposition party has branded transfer duty as “inefficient” and pledged to phase it out by 2041.
[Related: Hot Property: The biggest property headlines from the week 3–7 November]
