Market News

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The Market Herald Property Market News

" SRG Global (ASX:SRG) secures projects valued at $70m

SRG Global (SRG) has secured two specialist façade contracts in Perth valued at approximately $70 million.

" Perth industrial market going from strength to strength

The industrial market is the most sought-after commercial asset class in Australia at the moment, and Perth is no exception.

" Calls for Federal action on social housing grow

As the waitlist for social housing across the country grows, more voices have joined the chorus in imploring the federal government to step

" Regional markets enjoy double-digit boom

The regions are enjoying unprecedented growth in property values, with many regions boasting double-digit growth as buyers look to the country.

" Affordability and rental yields driving east coast investors to Perth

Momentum Wealth believes investors on Australia’s East Coast are flocking to the Perth property market because of its low prices, high rental returns,

" CBRE takes equity stake in prop-tech startup Pathzz

CBRE has announced a strategic equity investment in Pathzz, a Sydney-based prop-tech business.

" Rent affordability deteriorated when JobSeeker phased out

There is currently no affordable rental housing in Australia for single retirees, pensioner couples, JobSeeker recipients, and single part-time working parents on benefits,
The Agency Group Australia (ASX:AU1) - Managing Director, Paul Niardone

" The Agency Group Australia (ASX:AU1) awarded over $212,000 in court win against MCL 105

The Agency Group Australia (AU1), after being successful in the Federal Court in its defence in the case against MCL 105, has received

" CoreLogic acquires prop-tech firm AiRE

CoreLogic International has acquired Brisbane-based prop-tech business AiRE as part of its growth into real estate technology solutions.

" Higher interest rates to induce 10pc property price drop in 2023: CBA

The Australian property market is nearing the end of an amazing boom fuelled by record-low mortgage rates, with the Commonwealth Bank of Australia