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…
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The desire for a simpler life drives many folks to embrace the concept of downsizing in their later years. Selling a larger home for a smaller space can offer numerous benefits, including financial freedom and fewer home maintenance tasks. Many couples will downsize when their children have left the family home. Rattling around in a…
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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…
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As we enter winter and focus on the coming seasonal celebrations, it’s worth sparring a thought for spring if you’re planning to sell your home in the near future. Spring is traditionally the busiest time of year in the property market. Buyers will be out in force, eager to find their dream home. To gain…
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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,…
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The real estate market, like the seasons, experiences its own ebbs and flows. While spring and summer are traditionally considered the “hot” seasons for buying and selling property, the winter market offers unique opportunities that savvy individuals can capitalize on. With mortgage costs falling due to the recent reduction in interest rates, we are seeing…
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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…
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The real estate market, like the seasons, experiences its own ebbs and flows. While spring and summer often bring a flurry of activity, winter tends to see a slowdown. But don’t let the frosty air cool your real estate goals! This perceived “off-season” can actually present unique opportunities for both buyers and sellers. With the…
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With the summer break beckoning, many homeowners will be planning to spend some time with a paint brush to give their home a facelift. Many of them will be doing so with the intention of putting their properties on the market for the late-summer and early-autumn sales season. With interest rates still at 4.65% –…
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The Holidays are upon us, and while you’re busy decking the halls, don’t forget that it’s also a fantastic opportunity to impress potential buyers if you’ve put your home on the market. Winter is not usually a boomtime for selling your home, of course. However, the recent cuts in mortgage costs and pent-up demand for…
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