Aussie Rents Continue To Climb The huge demand for rental properties at a time of ultra low vacancies pushed rents up in 2021 to their highest calendar year growth in 14 years. The latest CoreLogic quarterly Rental Review shows rents increased 9.4% in 2021, only slightly lower than the previous record in 2007 of 9.44%. […]
We Lead The World On House Size Australian homes are now among the biggest in the world. The United States is the only other nation which is building homes as large as ours. Incoming president of the Australian Institute of Architects, Shannon Battisson, says the average floor space of a new freestanding home in Australia […]
300+ Suburbs Hit $1mil Median An additional 311 Australian suburbs now have median house prices of $1 million or more, with Sydney and regional NSW accounting for the largest number of new entrants. CoreLogic data shows that between May and December 2021, 38% more suburbs recorded a median price of $1 million or more. In […]
A case study- understanding risk Would you choose to buy in Moranbah or in Toowoomba? Right now it appears a fairly easy choice between the two Queensland centres, but 10 years ago it was a very different scenario. The central Queensland mining town of Moranbah remains our greatest example of a boom-bust scenario. Until 2012, […]
2022 Will Be A Busy Year We’ve witnessed in 2021 the most extraordinary year ever in Australian real estate. Amid lockdowns and other restrictions, prices nationally have increased 25% for houses and 14% for units. The new year promises to another growth year, notwithstanding the media’s attempt to construct an imaginary scenario of rising […]
RBA Reaffirms Rate Stability The Reserve Bank has reiterated that it does not intend to lift interest rates next year, despite growing industry speculation of a rise. This week, at the final board meeting of the year, the RBA left the cash rate at 0.10% and Governor Philip Lowe announced that the latest data and […]
Do I need to use a Buyer’s Agent? Who is a Buyer’s Agent and what are the benefits of using a Buyer’s Agent? Buyer’s agents, also known as buyer’s advocates, are licensed professionals that specialise in searching, evaluating and negotiating the purchase of property on behalf of the buyer. What’s the difference between a buyer’s […]
This Week in Real Estate: Property news that you can trust Prices Surge As Real Estate Listings Fall National residential property listings dropped 4% in June, with old stock being cleared nationwide as the number of buyers outstrips sellers, pushing up property prices around the nation. Figures released this week by SQM Research indicate that […]
Selecting the right property for YOU is the most important thing when it comes to property investment. You want to get this right. This is also one of the trickiest things to get right when investing in real estate. Many people think there’s a right answer to basic property questions like: Where’s the best place […]
What is the Family Home Guarantee? The Family Home Guarantee is an Australian Government initiative that aims to support eligible single parents with dependants in purchasing a family home. From 1 July 2021, 10,000 Family Home Guarantees will be made available over four financial years to eligible single parents with dependants, subject to their ability […]
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