This Week in Real Estate: Property news that you can trust Value of Homes Tops 8 Trillion Australian property market hits an all-time high with the value of homes topping $8 trillion. Well ahead of shares, superannuation, and commercial developments, housing remains the nation’s largest asset class. According to CoreLogic’s latest analysis review, the total […]
This Week in Real Estate: Property news that you can trust Prices Up 9% In 4 Months The first four months of 2021 have witnessed an increase in Australian house prices by almost 9%. This is following a further rise of 2% in April, according to CoreLogic figures. House prices rose in all 15 major […]
What is Rentvesting? Rentvesting is a growing trend in property investment where you invest in your first home with the intention of renting it out. A rentvestor simultaneously lives in a rental property located in their chosen suburb, while renting out an investment property they own found at a different suburb. Most people get into […]
This Week in Real Estate: Property news that you can trust Rents Respond To Low Vacancies Australia is experiencing the highest growth in average national rents since 2007 with rental markets across the country responding to low vacancies. A 3.2% rise in rents nationally was recorded in the March Quarter, as well as a noted […]
Fixed Rate Loan Or Variable Rate Loan – Which One Is Right For You? Interest rate matters when looking for a good deal on your home loan. When you take out a home loan, a very important thing you would need to decide on is whether to go with a fixed interest rate, or with […]
This Week in Real Estate: Property news that you can trust Banks Slash Loan Approval Times The four big banks have taken drastic measures to reduce home loan approval times to support the booming residential property market. Major lenders are now claiming turnaround times of two days, at most, for straightforward loans. This increased pace […]
This Week in Real Estate: Property news that you can trust Rising Market Pleases Federal Government The Federal Government says it is “very pleased” that high consumer confidence is leading to a “strong housing market” and remains unconcerned about rising debt levels. The Reserve Bank has warned that optimistic borrowers may lead to a debt […]
This Week in Real Estate: Property news that you can trust No APRA Concerns On Market The prudential regulator sees no need to place restrictions on borrowing to buy real estate and it has the support of one of the major banks. Westpac chief executive Peter King has backed APRA’s resistance to curtailing home lending, saying […]
Equity is King So you bought your first home, got a home loan, you’re paying your mortgage in monthly instalments, and everything is ticking along smoothly. You will own your home outright – in a few decades. But you don’t have to wait that long to buy your second property and start building a property […]
This Week in Real Estate: Property news that you can trust Vacancies Tight In Most Cities Vacancy rates remain below 1% in five of the eight capital cities and are 1.5% in Brisbane, according to the monthly report from SQM Research. Above-average vacancies in Sydney and Melbourne mean the national average rate remained at 2% […]
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