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Auction Market Heating Up
The weather may be starting to cool, but the Australian property market is starting to heat up, with the number of properties being offered under the hammer rising. According to
The weather may be starting to cool, but the Australian property market is starting to heat up, with the number of properties being offered under the hammer rising. According to
Sales of new homes have risen to the highest level in the past 12 months, although still not at levels to address the ongoing shortage of new dwellings across Australia.
The interest rate cut will support housing markets, but don’t expect a boom in housing prices until affordability improves. With the average variable rate for owner-occupier loans expected to fall
Interest rates have dropped again by 25 basis points, increasing the borrowing capacity of buyers and easing repayments for existing mortgage holders. The Reserve Bank of Australia (RBA) met this
Queensland is overwhelmingly the top pick by property investors, with more than a third believing it has the best investment prospects in the next 12 months. APIM’s Property Sentiment Report
Solid property price growth in recent years means a third of Australian homes are now valued at $1 million or more. New research from Cotality shows the portion of dwellings
The number of properties listed for sale has dropped in every capital city. New analysis by SQM Research shows listings are down 3.6% in April to 242,425 properties being offered
The first 15 years of mortgage repayments by homeowners effectively only pays off the equivalent taxes and government costs associated with developing the property. HIA senior economist, Thomas Devitt, says
The bank of mum and dad remains one of the key sources for young people buying property. The latest Mortgage Choice Home Loan Report shows 22% of Gen Z buyers
Building approvals may be up but the number of homes actually making it through to completion is at decade low, according to the Housing Industry Association. The HIA says the
Buyers are still keen on Australia’s regional property markets with new analysis showing the regions where populations are surging. Analysis by Propertyology of Australian Bureau of Statistics figures, shows the
The value of Australia’s residential housing hit $11.3 trillion at the end of April to be now worth almost three times as much as Australian Superannuation and four times as