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Enhancing Transparency in Real Estate: Proposed Reforms to Underquoting Laws
The Minns Labor Government plans to revamp the state's underquoting regulations, initiating consultations on proposed reforms to enhance professional standards in the real estate industry, increase transparency in property listings, and bolster buyer confidence.
The proposed changes aim to address misleading price estimates in property listings, known as underquoting, which cause buyers to waste time and money on homes beyond their reach.
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How to Check Rents in Your Area and Determine the Median Rent for properties in NSW
Understanding the rental market in your area is essential for anyone looking to rent a home. By knowing the median rent, you can make informed choices that suit your budget and needs. Whether you're searching for a new place to live or advising a friend, understanding rental trends is invaluable. In this post, we'll guide you through how to check rents in your area and calculate the median rent using easily accessible online resources.
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Indigenous Trust Faces Financial Setback in El Caballo Blanco Housing Project
A section of the El Caballo equine resort near Perth was sold at a $4.5 million loss, three years after being acquired for $12 million as part of an initiative to address homelessness within WA's Noongar community.
The acquisition was financed by the Noongar Charitable Trust, created by the South West Aboriginal Land and Sea Council, with an additional $1.5 million invested in renovations to convert the resort into habitable social housing.
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