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…
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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…
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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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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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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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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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Traditionally, the “Great Australian Dream” has been a home on a quarter-acre block. Today, we’ve shifted our standards, and many buyers will gladly swap the space for the luxury of a swimming pool. However, buying a home with a pool can be a tricky business. If you’ve found an ideal property that has an aging…
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Property values depend on a number of factors – the health of the economy, confidence in the employment market, affordability of interest rates, price trends and the number of new homes being completed. The supply factor – the number of homes being built – continues to be a huge political issue in almost every mature…
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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…
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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…
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