When it comes to housing, the onset of the COVID-19 pandemic changed everything. And as CoreLogic’s research director, Tim Lawless, highlighted in a new research, those impacts are continuing to have a material impact on Australians’ living situations and property investment portfolios. Looking back just four years to March 2020, Lawless remarked that the country […]
With more first home buyers (FHBs) entering the property market, an expert buyer’s agent hands down her top tips for anyone ready to jump on the property ladder. According to the Real Estate Buyers Agents Association of Australia (REBAA), activity for first home buyers has increased by 13 per cent compared to one year ago. […]
It’s the first rate decision to be handed down outside of the former ‘first-Tuesday-of-the-month’ announcement pattern. In its second meeting for 2024, the Reserve Bank of Australia (RBA) has opted to hold the cash rate at 4.35 per cent. The decision to keep the cash rate at 4.35 per cent was widely expected from economists […]
Australians are feeling more confident about their home-buying plans but it’s a different story for first home buyers, according to new Westpac research. The latest Westpac Home Ownership Report has found that 44 per cent of Australians plan to buy a new home in the next five years, up 9 percentage points since July 2023. […]
New research reveals that after cooling their plans through 2023, Australians are once again laying the groundwork to buy. The latest Westpac Home Ownership Report found that 44 per cent of Australians plan to buy a new home in the next five years – increasing 9 per cent since July 2023. Increases were also recorded in investors, […]
Embarking on a property investment journey can be both exciting and daunting, especially for first-time investors. Property investment can offer substantial financial rewards, but it also requires careful planning and informed decision-making. This step-by-step guide aims to navigate beginners through the fundamentals of property investment, covering key areas like property selection, financing and management. Step […]
A new survey has revealed that the RBA’s decision to pause rate rises in February was a shot in the arm for consumer sentiment, but the mood remains pessimistic. The Westpac Melbourne Institute Consumer Survey Index rose by 6.2 per cent to 86 in February 2024 (up from 81 in January), This marked the biggest […]
Rising interest rates dampened new loan values in 2023 but led to a surge in refinancing activity as borrowers shopped for better mortgage rates, according to new research. The latest Mortgage Insights Report by digital property exchange platform PEXA has revealed that the aggregate value of new home loans declined by 12.7 per cent from […]
The Reserve Bank of Australia’s (RBA) recent decision to hold the cash rate at 4.35 per cent will have significant implications for investors. In this episode of The Smart Property Investment Show, host Phil Tarrant chats with Finni Mortgages CEO Paul Glossop about why the RBA’s latest interest rate decision comes at a turning point […]
After two months of anticipation, the Reserve Bank of Australia (RBA) has revealed whether February will see a cash rate hold or a 14th rate rise. As the summer holidays come to a close and Australians begin settling back into the swing of work, the RBA has chosen to hold the official cash rate at […]