The saying goes: you make profits in property when you buy, not when you sell. While you can obviously boost rent and value via renovation or redevelopment, there’s no denying that buying well is crucial. So, what are the principals of procurement that give the best chance of yielding a stellar outcome? I’ve found these […]
Suncorp became the 15th lender to cut its fixed home loan rate in August, which begs the question — should borrowers fix or stay variable? RateCity’s analysis found that in addition to lenders cutting at least one fixed rate since the Reserve Bank of Australia (RBA) board meeting on 2 August, 34 lenders have raised their fixed […]
Will South Australia’s new home-buying deposit scheme make or break the property market? According to an expert, naysayers need to look at the new policy in context and with data to see why it’s a “great policy”. The federal government recently announced that the state government-backed lender HomeStart had dropped the minimum deposit for its graduate […]
Rising rates and cooling housing prices did not stop sellers in these suburbs from making bank. A new report from PropTrack revealed the top 10 suburbs across the country where property sellers recorded profits of $1 million or more from March to July. Sydney was home to the biggest money-making property sales, as NSW suburbs dominated […]
While housing values in Sydney and Melbourne are declining, an expert has highlighted that there are markets across the country where growth still has legs. InvestorKit’s founder and head of research Arjun Paliwal said the housing boom is not completely over despite the two biggest cities becoming “falling markets”. While Mr Paliwal acknowledged that the […]
The incoming raft of changes to Queensland’s land tax laws will only add more strain to the state’s already-struggling rental market, an expert warned. Property investment expert James Fitzgerald from Custodian cautioned that the federal government’s introduction of a controversial land tax would have negative implications not just for Queensland investors but for investors all around Australia. […]
Last week saw a rise in both auction volume and preliminary clearance rates, according to CoreLogic’s latest data. After the quietest auction week since mid-June, national volumes jumped 9 per cent this week, with 1,603 homes going under the hammer across the country. This increase also coincided with preliminary clearance rates rising for the third […]
New research has revealed the best suburbs for investors looking to enter the property market with a deposit of less than $100,000. Two years of booming national property prices have propelled housing affordability to the forefront of the national agenda; however, the latest report from Suburb Help has identified that there are still a number […]
After a record year in 2021, Tasmania appears on track to exceed the total value of properties sold across the state yet again in 2022. According to the Real Estate Institute of Tasmania (REIT), even with the volume of sales falling in the first six months of this year compared to last, the continued growth […]
Despite the changing tide of the Australian property market across the last few months, there remains a handful of suburbs where values have increased. The quarterly Well Money Green Shoots report has identified five house and five unit markets nationally that are bucking the national trend of falling values. The listed suburbs have experienced a combination of […]