The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 24 April.
5% deposit turbocharges cheaper homes as price gap widens
New figures have shown that properties that sit below the 5 per cent Deposit Scheme’s price caps are racing ahead, squeezing the pool of eligible suburbs nationwide.
FBAA warns CGT shake-up will deepen rental pain
The Finance Brokers Association of Australia has said the federal government’s plans to wind back investor tax breaks will worsen rental stress and shrink supply.
Interest in property investment rises
More than a third of consumers are planning to purchase an investment property in the next three years, according to new research.
FBAA urges banks to ‘eliminate’ introducer schemes amid fraud storm
The FBAA has said that banks must dump their controversial referral and introducer models as scrutiny over mortgage fraud intensifies.
Low supply driving FHB property values upwards
Properties under the price limits for the first home buyer scheme have been in hot demand, as dwindling options continue to push values higher.
‘Never heard of’: The niche commercial assets driving investor demand
Specialised industrial rental assets have been rising in popularity, with cold and industrial outdoor storage investments surging in demand.
AI adoption: Property services takes first place in tech integration
The property industry has emerged as the largest adopter of AI among small and medium-sized enterprises, with almost seven in 10 businesses taking up the technology.
New hotspots emerge as buyer inquiry patterns reshape the market
Demand has been shifting in the nationwide property market, with new hotspots arising from a surge in buyer inquiries, particularly in Victoria.
[Related: Hot Property: The biggest property headlines from the week 13–17 April]
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