January saw a fall of 5.8 per cent in the number of residential properties placed on the market for sale, a figure fairly consistent with expectations.

Guidance provided by the ATO regarding valuations of residential property held in an SMSF now include a slight but significant amendment.

Builders are keen to engage with SMSF investors who are less prone to interest rate hikes to undertake new property development work.

Australia’s two largest cities have experienced a further reduction in residential property vacancy rates over the month of October.

Real estate market prices are likely to fall further as the Reserve Bank of Australia continues to raise interest rates to fight inflation.