Property news you need to know: The week ending 5 September

Smart Property Investment is pleased to present a weekly round-up of the biggest stories across property, investment, real estate, and finance, with thanks to Momentum Media.

Here are the biggest stories for the week ending 5 September 2021:

1. Forget Super Saturday – a buyers’ paradise may be on the way

The Australian property market is no longer a seasonal market, it’s now a public health order market, according to Tom Panos.

2. Revealing South Australia’s Top 50 Agents

REB is pleased to unveil the top 50 agents operating in South Australia for 2021.

3. Brokers continue to smash records: MFAA

Mortgage brokers settled nearly $78 billion of home loans in the June quarter, the highest quarterly figure ever achieved, according to the MFAA.

4. Monthly house price rise lowest since January

The growth rate of dwelling values has slowed, with CoreLogic suggesting this may be due to deteriorating affordability rather than lockdowns.

5. Regional areas are fast losing their ‘affordable’ status

Since the pandemic began, there’s been a faster decline in regional affordability than what’s been seen in capital cities, according to new research.

6. First-year Victorian agency achieves $150m sales milestone

One Melbourne-based office has defied lockdown odds, achieving an impressive sales record of 200-plus sales in its first 12 months of operation.

7. Home loans spike by 248% in 20 years: REIA

Tasmania has recorded the biggest fall in housing affordability, with average home loan amounts rising by over 340 per cent in the last 20 years, according to research.

8. Land tax: What investors can do to minimise it

When purchasing an investment property, land tax is one of the hidden costs that property investors often don’t take into consideration.

9. Welcome to ‘a new era’ of real estate agents

A Queensland executive has highlighted some of the qualities – and the structures – that separate the industry’s highest performers from the rest.

10. ACT expands SME COVID support

The ACT COVID-19 Business Support Grants have been increased as the territory faces a lockdown extension.

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• Australia property market news roundup

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Property news you need to know: The week ending 5 September

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Last Updated: 20 October 2021 Published: 02 September 2021