Property

The Northern Territory Government is transferring management of 100 public housing properties in Alice Springs to the community housing sector to help create better outcomes for social housing tenants. From today, the homes will be transferred to Community Housing Central Australia (CHCA), an experienced housing organisation which currently manages over 400 properties across the Alice Springs region.

...dozens of new public homes completed, contracted, and under construction in regional communities. Visiting Whyalla for today’s State Cabinet meeting, Minister for Housing and Urban Development Nick Champion has released the latest data on public housing builds and projects in regional centres.

The State Government is supporting regional businesses to attract and retain staff with new homes for thousands of regional Victorian workers and their families. Premier of Victoria Jacinta Allan and Minister for Regional Development Gayle Tierney recently announced the first round of the $150 million Regional Worker Accommodation Fund...

The Victorian Farmers Federation is urging the Victorian Government to safeguard the state’s most strategically significant agricultural land from renewable energy development. VFF President Emma Germano said the transition to renewable energy can’t come at the cost of losing the state’s most valuable farmland.    

The owner of the controversial proposed 157 lot ‘River Glen’ subdivision at Maclean, Global Capital Property Fund was placed into liquidation this month by the Federal Court after deposits were taken on at least 20 lots. When Global Capital Property Fund updated investors about the River Glen project on its website in November 2021, it stated "the team currently has EOI’s and deposits paid on 20 lots", and the CV Independent was informed further deposits were taken on blocks in the subdivision.

Australian farmland values have continued to grow through the first half of 2024, albeit at a slower pace, with the 1H 2024 median price of farmland now standing at $10,141/ha. This represents a rise of 12.2 per cent compared to a year earlier and is the 22nd consecutive half-yearly period of year-on-year growth.

Over the past 20 years, RFDS has operated across more than 300 airstrips throughout Far West and Western NSW. Some of these, such as the service's regular clinic airstrips, are part of routine flights, whilst others are access in emergency situations. With so many airstrips available to the RFDS, it is crucial they maintain up-to-date information for each location.

Farmers on the Murrumbidgee River claim they have been kept in the dark about a NSW Government plan to acquire flow easements along the riverfront to accommodate environmental water releases ... The scheme would allow the government to negotiate with landholders to acquire flow easements and, if no agreement can be reached, the water minister can decide to proceed with compulsory acquisition of the flow corridors "on just terms".

As the price of reliable rainfall farmland in Western Australia is careering past $10,000 per hectare, and the big corporates are out there with their even bigger chequebooks, outbidding the neighbours, what options do farmers have if they want to stay in the game? Well, the answer is to follow the example of their forefathers and up stumps and find a new country with some new land that can be opened up.

The Clarence Valley has been named the third most affordable sea change region in NSW based on median house prices and median local income as hundreds of families annually move from the cities in search of a more relaxed lifestyle. The Regional Australia Institute compared median home prices and median local incomes in each local government area of the regions and capital cities, plus the distance to the coast, the distance to national parks and the economic diversity of each area and published the information in its Good Life Guide last Tuesday.

The ongoing lack of housing supply and affordability in Australia’s capital cities is driving more homebuyers to explore regional property markets. Buyers Agent has identified 10 regional hotspots to watch, based on investor activity (including sales and inquiries) over the past 12 months, along with capital growth and rental yields.  

... it’s disturbing to read in a recently released EPA document that South32 propose to follow Woodside's example and ‘sterilise’ over 4,000 hectares of freehold land—good farmland—as a means of appeasing the environmental gods ... This is the same mad formula Woodside is following: take freehold cleared farmland and ease their guilt by planting trees that will never be harvested, with the land lost to agricultural production, including tree farming, forever.

Marnie Davis. The Indigenous - Aboriginal Party of Australia (IAPA) is calling for immediate government intervention relating to Australia’s escalating housing crisis. The IAPA seeks immediate intervention to protect vulnerable families, particularly First Nations peoples, single parent families, and our elders from homelessness and housing insecurity.

Lismore City Council has delivered a $7 million wastewater project, unlocking development opportunity for up to 600 new housing lots in Goonellabah. Completed in partnership with BASEC Engineering, DGP Water and Ledonne Constructions, the Pineapple Road Sewerage Scheme involved the installation of a new pump station and over four kilometres of pipeline, creating 30 local jobs.

From 23 September the community in Byron Shire is the first in NSW to have a legally enforceable means to regulate holiday letting beyond the State caps. After a decade of campaigning Short Term Rental Accommodation (STRA) in Byron Shire is capped at 60 days for un-hosted holiday lets in most of the Shire.

The art gallery should be “South of the Gap” was the main message of protesters at the foot of Anzac Hill … but a spokesman for Chief Minister Lea Finocchiaro confirmed … this is not what they are going to get. One speaker at the protest said: “We won’t budge”. The crowd of 60, young and old, had entered this major women’s sacred site through a pre-existing hole in the fence.

Possibilities abound for the new owner of the clubhouse portion of the former Cambooya Bowls Club, which sold at the end of last month. The 15 Lucy Street property, which includes the clubhouse and a storage shed on 1,624m ² of land, was sold for $371,000 by Colliers International on the 30th of August.

Michelle Daw. A single 107-hectare paddock in prime cropping land near Maitland sold for $4.75 million last week, setting what is likely to be a record price for Yorke Peninsula. The price achieved for Lot 210, Pine Point Road at an online auction on Monday, September 9, equates to $44,393 per hectare, or $17,992 per acre.