This Week in Real Estate: Property news that you can trust Price Rises Out-stripping Wages House prices are predicted to rise ten times faster than wages this year. Since the pandemic recession, Australia’s job market has significantly improved with the unemployment rate dropping 0.2% to 5.5% in April. The figures released by ABS show wages rising […]
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 […]
This Week in Real Estate: Property news that you can trust Investor Optimism On The Rise ME Bank’s latest Quarterly Property Sentiment Report shares an improvement in investor sentiment, with falling confidence among home-buyers. According to the report, the second quarter of 2021 saw residential property market decline to 42% from its previous 49%, a […]
Should you invest in property using your SMSF? What is a Self-Managed Superannuation Fund? Self-Managed Superannuation Fund or SMSF is a private superannuation fund that you can manage yourself, as opposed to industry super funds that are managed by a superannuation provider. SMSFs can have between one and four members. In 1992, when the compulsory […]
Australia’s property boom is shifting away from the big cities After the wild ride that was the year 2020, it became evident that people desired a change in their lifestyle and environment. And with that, a number of city-dwellers decided to set foot outside the major cities and relocate to the regional areas of Australia. […]
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 […]
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 […]
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