Australia Property

Australian first homebuyer mortgage applications dropped 20.1% in the year to August, according to credit data from Equifax.

GPT Group (ASX:GPT) has acquired 66 Eagle Street in Brisbane's central business district for $380 million.

REA Group (ASX:REA) agreed to remove anti-competitive agent contract restrictions for 3 years following regulator concerns.

APRA confirmed supervised institutions maintain minimal direct exposure following the collapse of Sydney home builder Bathla Group.

An estimated 480 Australian households using the federal government's 5% deposit scheme have fallen into negative equity as property values decline.

Australia's residential dwelling value fell $34.1 billion to $12.7 trillion in the June quarter.

The Treasury released advice warning that federal tax reforms would cause a modest, immediate slowing in Australian house price growth.

Ingenia Communities Group (ASX:INA) rejected an unsolicited takeover proposal from Warburg Pincus valued at $4.75 cash per security.

Eureka Group (ASX:EGH) has executed an agreement to acquire six lifestyle communities for $123.8 million.

Ingenia Communities (ASX:INA) has reportedly agreed to sell six lifestyle and mixed-use communities to Eureka Group (ASX:EGH) for $123.8 million.

Total Australian dwelling approvals fell 3.6% to 17,687 units in July, according to the Australian Bureau of Statistics.

The Australian Taxation Office identified approximately 6000 investment property sales between July 1, 2020, and June 30, 2025.