Property Investment News | Australia

Australia’s appetite for renovation has continued to grow despite fluctuating material and goods costs, as home owners look to add value to their properties.

As Airbnb and Stayz continue to attract investors, regulators have warned landlords to verify that professionals who manage their property hold the proper licence, ensuring they are not left exposed to compliance and legal risk.

ASIC documents reveal that the majority of Dashdot shares were sold to a British Virgin Islands company prior to its liquidation, leaving Australian customers stranded with limited prospects of recovering their funds.

A recent case where a property owner couldn’t recover over $11,800 in repairs has sparked warnings for landlords on legal obligations and the risks of poor communication.

First home buyers in South Australia will have uncontested access to an influx of new homes to be delivered on Adelaide’s northern edge to support their entry into the property market.