Daily Buzz: Saturday, 30 March
By
PropertyBuzz, your daily dose of property news.
Infrastructure Pipeline Boosts NT Appeal, Accessible properties become easier to find, and auction numbers could crack Easter record.
Welcome to Property Buzz! I’m Grace Ormsby
Today is Saturday, the 30th of March. I hope you are having a wonderful long weekend, wherever you are.
– Commercial property leaders in the Northern Territory anticipate benefits from incoming infrastructure projects.
– The region’s infrastructure pipeline is expected to boost the local economy, with $5 billion in road funding and $6 billion in defence improvements among a number of high value projects.
– The economic spend is set to have a knock-on effect for local commercial ventures, which in turn could attract more businesses and investors to the region.
– New accessibility filters have been introduced by Realestate.com.au, which aim to aid those with mobility issues in finding suitable homes, including options for single-story layouts, step-free entry, and more.
– The new features, available on the web platform and soon to be on mobile, offer seven specific filters to help users identify properties with wide doorways, accessible parking, bathroom grab rails, and roll-in showers.
– As well as simplifying property searches, REA Group aims to educate agencies on the importance of listing accessible features, launching a campaign to promote the new filters and their benefits.
– CoreLogic anticipates this Easter could become the busiest auction period on record despite a significant dip in auction numbers due to the long weekend.
A total of 913 capital city homes are scheduled across the country, with Sydney leading the way with 429 properties set to go under the hammer.
Melbourne, Brisbane and Adelaide follow suit, while Tasmania has no auctions pencilled in.
Despite the low numbers, CoreLogic said it could take the record for the busiest easter weekend, beating out Easter in 2022.
That’s Property Buzz for today.
See you again next week for your daily dose.
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