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The Property Tribune

The Property Tribune represents a dedicated space for the latest & most important real estate news. Welcome to The Property Tribune.

We invite you to peruse our independent content, drawn from our own newsroom and real estate experts ‘on the ground’, from all around Australia. We invite practitioners of real estate to contribute regular, meaningful and insightful content. We also invite property and PR companies to send us their real estate stories. In this way, we will collectively develop a property news site that tells it li

ke it is, from people in the know. No self-promotion, no spruiking, no one’s got anything to sell here. Just an independent, honest view on what is happening in the largest industry in the country – the A$6 trillion property sector. We look forward to educating and inspiring Australians in the property space.

21/05/2024

The 2024 Australian Institute of Architects WA President's Prize recipients are the founder of Open House Perth, Carly Barrett, and esteemed Western Australian architect mentor, Paul Rossen.

This year's award recipients have contributed towards growing public interest and understanding of architecture, as well as mentoring the next generation of architects.

21/05/2024

House prices are on a seemingly unending upward trajectory, with one major factor continuing to put a floor under prices.

While the rate hiking cycle intially brought prices down, it was a small and brief dip, followed by more strong growth.

Property prices are up by over 35% across the country, and while not the same story in each city, that's little solace to prospective buyers pulling their hair out.

21/05/2024

The WA State Government has set a target to achieve net zero greenhouse gas emissions by 2050. It will take a collaborative effort across industry, all levels of government, and the community to commit to real action to meet that target and make a meaningful impact in addressing climate change.

A research project is one of the first steps to reaching net zero for WA property developers.

14/05/2024

Propell Property's Michael Pell told The Property Tribune that he's seeing more and more are saying now is an opportune time to buy because there is less competition and fewer buyers in the marketplace

One expert has noticed investors are on the move while there's less competition and fewer buyers in the marketplace.

14/05/2024

The markets in regional Victoria are situated where Perth was three years ago before prices started to soar.

While regional Victoria hasn’t experienced the price growth of other regional markets in the past year, Hotspotting’s latest Top 5 Regional Victorian Hotspots report has identified a big leap in buyer activity across recent months – often a precursor to future property price growth.

Recent sales data points towards the possible start of a new cycle in regional Victoria.

14/05/2024

Across the nation, office occupancy rose to 76% of pre-Covid levels in Q1 2024. It represents a six percentage point rise from the final quarter of 2023, where occupancy was recorded at 70%, and a nine percentage point rise from a year ago.

This starkly contrasts the American office attendance rate, which has stabilised at around 50% of pre-pandemic levels on average over the past year.

The Australian office market records improved office occupancy while the United States lags behind on the return to office.

14/05/2024

Western Australia's Cook Labor Government has launched a groundbreaking initiative to tackle the housing shortage and surging rental prices: the $5 million 'Vacant Property Rental Incentive Scheme.'

Designed to boost the availability of rental properties across the state, this innovative program incentivises property owners to lease out their vacant properties, providing a potential solution to the housing crunch.

Up to 1,000 new rental properties could be up for grabs, and soon.

14/05/2024

While developers are still delivering the places and spaces that make up our communities, the notion of the town founder has largely been lost.

Experts said they have never found a vessel that delivers community more effectively than the neighbourhood,

14/05/2024

The latest ABS Lending Indicators data show that in March, the value of new lending soared by 3.1%, marking the second consecutive month of growth. This surge is attributed to buyers, particularly first-time homeowners, who are opting to enter the market now rather than wait for anticipated rate cuts.

A surge in home loans shows buyers aren't waiting for interest rates to drop before taking the plunge.

14/05/2024

GURNER™, the visionary developer renowned for its groundbreaking projects, has secured planning approval for a breathtaking $250 million resort in Port Douglas, Queensland. Spanning a sprawling 26,000 square meters at 91 – 113 Davidson Road, this development promises to redefine luxury living and hospitality in Australia.

Port Douglas is set to be home to a resort aiming to redefine luxury living.

14/05/2024

Getting onto the property ladder is seemingly more difficult by the day, but looking at the challenge from different perspectives can create great results for those looking to buy their first property.

Discover how Australians are getting more creative when it comes to how they can purchase their first home.

07/05/2024

Today the WA government announced a new scheme where property owners could receive $5,000 for renting out their vacant properties. With the ability to get 1,000 rental properties on the market within months, is this the solution to the state's housing crisis?

Up to 1,000 new rental properties could be up for grabs, and soon.

03/05/2024

A recent surge in home loans across the nation reveal that the promise of future rate cuts isn't enough to prevent buyers from purchasing properties now. Fear of missing out as house prices continue to increase has been one of the key reasons that over $27 billion in home and investment property loans were taken out in March alone.

A surge in home loans shows buyers aren't waiting for interest rates to drop before taking the plunge.

02/05/2024

Dive into the future of luxury living with Australia's newest resort, complete with underwater aquarium rooms and multi-million dollar residential retreats. Explore the innovative design, commitment to wellness, and unparalleled luxury that awaits in this groundbreaking Port Douglas development.

Port Douglas is set to be home to a resort aiming to redefine luxury living.

01/05/2024

Navigating the current property market presents its fair share of challenges, especially for first-time home buyers. Rising property prices, tightening lending conditions, and housing supply constraints are just a few hurdles they face. However, amidst these complexities, there are still opportunities for savvy buyers to explore alternative pathways to homeownership using these 4 popular methods.

Discover how Australians are getting more creative when it comes to how they can purchase their first home.

30/04/2024

Exciting developments are underway in the realm of urban development and real estate. From AI-driven design and the use of drones to the revolutionary potential of 3D printing construction, the possibilities are endless.

AI, drones, and 3D printing are changing the property landscape.

24/04/2024

In its 21st year, the Australian Interior Design Awards have once again announced their shortlist of outstanding interior design projects, with a record 222 finalists. Sustainability and the use of natural materials were a standout trend, with judges impressed by the quality and innovation seen across the board.

Sustainability, collaboration, and timeless natural materials were this year's biggest trends.

24/04/2024

Looking to buy a beachside property in NSW, but want to spend less than $1million? Property Credit's latest report has shortlisted the top 10 suburbs where downsizers and investors can enjoy the seaside lifestyle for less - read on to learn more about these affordable coastal havens.

Discover NSW's hidden gems where coastal lifestyles and housing affordability meet.

22/04/2024

Explore how the Western Australian property industry is pioneering solutions to address global skills shortages and reshape the future of work. Industry experts predict a unique challenge: 'We may face a shortage of people before jobs."

While megatrends like AI raise redundancy worries, experts say we are more likely to run out of people before we run out of jobs.

18/04/2024

Grange Development's ambitious C6 tower project in South Perth has been approved for construction, set to become the world's tallest hybrid mass timber building at 186.5 meters and 50 storeys.

Managing Director James Dibble notes the proven benefits of mass timber construction on human health, and as this project progresses, it is poised to pave the way for a more sustainable and innovative future in Perth's built environment.

The residential tower will be constructed using renewable timber technologies.

17/04/2024

From a wealth-building perspective, rentvesting, in the right market conditions, can offer a strategic advantage to first-time buyers by allowing them to enter the property market sooner than they might otherwise be able to. But is it the right approach for you?
We chat with two of Australia's property experts to learn more about the growing trend of rentvesting in our latest Deep Dive article.

Rentvesting offers an alternative path into the property market for priced-out first-time buyers looking to build wealth.

15/04/2024

The Australian property industry's premier awards are back for its seventh edition, with submissions for the 7th Annual PropertyGuru Asia Property Awards (Australia) now open via asiapropertyawards.com.

Submissions for the prestigious accolades close on 2 August 2024, with this year's awards featuring several brand new categories.

This year's awards include several brand new categories, with entries closing 2 August 2024.

15/04/2024

The most common ways to safeguard one's bond include documenting the conditions of the rental property upon entry, ensuring that the property is reasonably clean upon one's exit, and asking for evidence should a landlord try to claim the bond.

Reclaiming one's bond can be a challenging process in today's rental market; here is one little known method to protect yourself.

15/04/2024

We delve into the pros and cons of strata - looking into the various properties you'll come across, fees, and more.

As the cost of renting approaches the cost of a mortgage, more people are investing in units to escape the rental trap.

15/04/2024

What we need is an honest and sensible conversation about how we can tackle the current supply crisis whilst planning for the long-term delivery of high-quality homes that have smaller footprints with environmentally sensitive designs.

Answering the questions on how much space we really need to have a comfortable, quality home.

15/04/2024

Data shows the strongest building approvals for Melbourne were in locations like Fraser Rise, Truganina, and Tarneit.

The cost of building a house in these top 20 suburbs started at $272,944 and topped out at $387,688.

15/04/2024

Chances are your first home won't be your dream home or forever home, so taking the right perspectives can put you in good stead for achieving your first home, among other key tips from the experts.

Three property experts give the low down on how to nab a home in a tough market.

15/04/2024

The Property Tribune recently sat down with award-winning building designer, Andrea Basini, to delve into the story behind Villa Ultimo - the Perth property that took home the Building Designers Association of Australia’s (BDAA) National Design Awards 2023 National Design Excellence Award, and the award for New Residential Buildings over $3 million.

The story of how a warm and generous soul crafted an award winning home from his North Perth studio.

15/04/2024

Tenants’ Union NSW CEO Leo Patterson Ross told The Property Tribune that while private rentals may have benefits in terms of communication, there are inherent risks involved with renting through a person who is not a trained professional.

While some tenants see benefits in dealing directly with landlords, experts urge caution when navigating the privately managed rental market.

05/04/2024

Modular homes are gaining traction, with growing numbers believing it will play an important role in the housing mix.

We take a closer look at what modular means and how the advancements in technology now make it much more attractive than the dongas of old.

Modular homes, misunderstood as inferior, offer efficient, durable alternatives to traditional construction methods.

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AICC(WA)'s 2022 WA Property Event - Where is the growth in WA property going to be in 2022?

AICC(WA), together with its event partner national real estate company The Agency Group, is pleased to present this opportunity to gain a unique insight into the Western Australian real estate market, from two of the countries leading experts. With so many changes occurring so quickly, whether it be lockdowns, lockouts, work from home, interest rate rises, home builder policies or borders open and shut; we all want to know - what does this mean for the WA property market and what are the new longer term trends and what is just a passing event? Identifying what is a cyclical movement from a trend is key for investors, especially in extreme and fast moving markets. What is truly different this time around and what is not? Insights into the WA real estate market will be provided via presentations from: - Gavin Hegney, Specialist in property analytics and forecasting, media and research - Tim Lawless, Head of research, CoreLogic Asia Pacific At the completion of the formal presentations an interactive Q&A session will be held, where attendees can ask questions of the experts. This AICC(WA) Property Event is supported by: The Agency, The Property Tribune, PKF, Bendigo Bank, Mortgage & Finance Solutions Australia, Living Online, WA Italian Club, Chestnut Grove, Chapter One Advisors and Schaffer Corporation Limited.

Damian Collins, on Perth’s property boom

Clip from yesterday’s Property Council lunch with President of reiwa.com Damian Collins talking about the current positive residential property market in Perth...

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AICC(WA)'s 2022 WA Property Event - Where is the growth in WA property going to be in 2022?

Damian Collins, on Perth’s property boom

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