Summer is here – and it’s the perfect time to put your property on the market. Price expectations among sellers remain strong after 21 months of successive value increases. And the environment of mortgage serviceability remains consistent despite our disappointment in the failure of the Reserve Bank of Australia to reduce interest rates. If you’ve…
Read more
Building wealth through property is a well-established financial principle, and the latest survey from industry researcher CoreLogic underlines the validity of this belief. Homes selling in the June quarter delivered an average profit of $285,000 to the seller, according to the latest CoreLogic figures. Whether you’re a professional investor or the owner of a home,…
Read more
Australian values continued their incredible run of growth, notching up the 21st month in a row that deal sizes have risen. And this winning streak came despite the first dip since January 2023 in the bellwether market of Sydney, which declined a miniscule 0.1% in the latest Home Value Index published by CoreLogic. The affordable…
Read more
While real estate values at the elite end of Australia’s market are experiencing a slight dip, that’s not true for properties being targeted by first homebuyers or investors. At the affordable end of the housing and unit markets, prices rose 0.5% in October, according to the latest data from industry researcher CoreLogic. First homebuyers and…
Read more
With the summer selling season in full swing, many buyers are experiencing the stress of taking part in an auction. The pressure and competition of the moment can be confronting for some buyers – there’s a lot of money on the line, not to mention the lifestyle choice that’s about to be made. For those…
Read more
Understanding how to handle the pressure of auctions is an essential skill in your home-buying arsenal of knowledge and experience. While not every market favours auctions, many of the most prestigious properties go under the hammer in the expectation that buyer competition and the pressure of the moment will drive up the price. Nationally, at…
Read more
Melbourne is the new darling city for investors, according to a poll released by Property Investment Professionals of Australia (PIPA). Recognising the flat performance of house prices and an oversupply of apartments near the CBD, investors believe Melbourne will deliver the best capital growth of any Australian centre in the next 12 months. Their outlook…
Read more
When will interest rates start coming down? It’s the biggest question in the real estate market right now. It seems incredible to think the Reserve Bank of Australia actually put them up to 4.65% in November last year. Since then, it has steadfastly refused to move despite having seven meetings to consider its options. As…
Read more
A quirk of the Australian property scene is the fact there is more than one “scene”. In fact, there are eight – each run by our federated state or territory governments. This makes life pretty hard for investors, who have to navigate the rules and regulations of each jurisdiction, or a homeowner who is looking…
Read more
Buying a property can be one of the most exciting moments of your life. It embraces the feeling of a new chapter in your life and all the hopes and dreams that come with it. Sometimes, however, there are not enough hours in the day to focus on finding your dream home. Instead, it can…
Read more
