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Real estate investment property loans boost home mortgage lending

Many homeowners are considering moving into the property investment market for the first time as property rental yields rise. Before making any decisions in this area you need to consider your financial position and your financing options and

Home builders that renovate may do better than new home construction companies

As new home project builders trim back their operations, and developers go into bankruptcy, some builders have their order books full because they have made a trend their friend.

Home builder-developer icon AV Jennings could go private

Iconic Australian residential home builder and developer AV Jennings has recently made a $10 million first-half loss that could hasten the de-listing of the property giant.

Australia’s housing market slumps worst in Melbourne but not as bad as expected

Australia’s house price slump has been patchy, with Adelaide recording a gain in values, and Melbourne bringing up the rear as far as house price values are concerned. Melbourne led the nation in the drop in house prices over the past quarter. Melbourne property values did the worst in the nation, with house prices sinking [...]

Residential Real Estate Developer Australand scraps plans after profit slide

Residential real estate property developer Australand Property Group has scaled back its development plans after posting an 85% slump in annual profit. Australand on Wednesday reported net profit for the 2008 calendar year fell to $40.16 million, from $269.23 million in 2007. It booked an unrealised loss from revaluations of $96.98 million and writedowns to residential [...]