Last updated: March 25, 2011

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'Basket case' region facing a correction

THE fallout from Queensland's housing boom is expected to last all year, with an analyst describing the area as a "basket case''.

Bargain price for luxury tropical island

Orpheus Island stretches for 11km.

A TROPICAL resort island that has hosted stars such as Elton John and Vivien Leigh has been snapped up for less than $10 million.

Mortgage exit fees officially banned

Queenslander

By Malcolm Farr MORTGAGE exit fees - sometimes as high as $7000 - will be banned from July under new regulation.

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Buy property through your super

House

MORE people are investing in property through their self-managed super funds after being scarred by heavy share market losses.

Property prices uncomfortably high

housing

AUSTRALIA has "uncomfortably high" house prices that are vulnerable to an adverse shift in world economic circumstances.

Property not ready for staff pay rises

Pay packet

MODEST pay rises have returned to the property industry, which is gradually re-covering from the global financial crisis.

More suburbs join $1 million club

Peppermint Grove on top

AUSTRALIA'S million-dollar suburb club has soared to the highest point in years, with 212 enclaves in the prestigious crop.

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Hopes high held for Japanese property

Japan Tsunami

AUSTRALIAN listed companies, which own $4.2 billion worth of property in Japan, are hopeful of receiving good news on their portfolios.

Aussie street among world's priciest

Wolseley Road Point Piper

SYDNEY street one of the world’s most expensive addresses, in a list that includes Kensington Place Gardens and New York’s Fifth Avenue.

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Property prices have hit record highs

Western Sydney

MORE properties sold for record prices in city's west than in any other region over the past year, defying the sales collapse in other areas.

16 comments on this story

House prices 'too high for cops, teachers'

TEACHERS and police face being priced out of most Australian capital cities due to rising house prices, research shows.

Soaring home prices may spark crisis

Housing

BOOMING house prices could set off a mortgage crisis in Australia similar to the sub-prime disaster that gripped the US.

9 comments on this story

Flooding drags home loans down

House

HOME loan approvals fall in wake of flooding but numbers expected to pick up during rebuilding.

Aussie homes 'most overvalued in world'

Mansion

AUSTRALIANS love to watch their home values rise but a leading magazine says our house prices may have gone too far.

Floods batter Aussie economy

Flood

ECONOMISTS say the recent floods are to blame for a slump in Australia's trade and housing building approvals.

Floods batter Aussie economy, property

Flood

ECONOMISTS say the recent floods are to blame for a slump in Australia's trade and housing building approvals.

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Many Gen-Y workers saving for a home

Piggy bank

MORE than a third of young, potential home buyers are saving 20 per cent of their pay packet to get on the property ladder, says a survey.

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FED:Many Gen-Y workers saving for a home

MORE than a third of young, potential home buyers are saving 20 per cent of their pay packet to get on the property ladder, a new survey has found.

Cost will force residents out for good

Earthquake

BUILDING quake-proof homes in Christchurch will be too expensive for many people to remain.

Earthquake to drive up insurance costs

New Zealand earthquake

PREMIUM and reinsurance costs are likely to rise in the fallout from the Christchurch earthquake.

Find the best mortgages

for sale

MORTGAGE holders are being told they are the big winners in the price war between the Big Four banks but are they?

Homebuyers unsure what rate they pay

Home

BIG banks' pitch to woo mortgage customers may be a waste of their time with many homebuyers unaware of what rate they pay.

Rudd invests in a family escape

Castaways Beach, Kevin Rudd

KEVIN Rudd and his wife, Therese Rein, have spent $3.2 million on a luxurious holiday home on Queensland's Sunshine Coast.

Loans surprise could trigger rates shock

home loans

LATEST figures show surprise rise in loans after the last interest rate hike, prompting prediction of another rate rise by May.

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Avoid borderline decisions with property

yourmoney housing

RESEARCH matters if investing afar, writes Anthony Keane.

Banks refuse to budge on loan exit fees

home loans

AUSTRALIA'S home-loan war has intensified with two of the big four banks have defiantly refused to scrap mortgage exit fees.

15 comments on this story

Bad news renters, more rises on the way

RENTS are set to rise a solid 7 per cent this year, boosting returns for property investors.

NAB's exit fee plan triggers mortgage war

NAB

BANK'S aggressive move to poach customers from rivals set to spark raft of cheap home loan deals as big four battle for business.

72 comments on this story

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