Brisbane remained steadfast in delivering solid gains during the last month of autumn, rising above other capital markets that retreated further from the property boom. But with a series of rate hikes on the horizon, will the city’s prospects continue to be bright for the rest of the year? The possible continued downturn of Australia’s […]
The state government has unveiled plans to trial a shared-equity scheme for prospective home owners in the state, as it continues its rollout of housing initiatives tied to the latest state budget. Premier Dominic Perrottet said that 6,000 places would be available in the pilot project, to be conducted over the next two years, which […]
Despite national property values easing in the last few months, a new report showed that the ability of Australians to afford a home loan is at its lowest level in more than a decade during the latest quarter. Bluestone Home Loans’ Home Loan Affordability Index – which evaluates the proportion of the average income required to […]
If your investment only term is coming to an end, it’s important to plan ahead. Learn more about your options so you can make an informed decision. Residential property investors often choose to lock their loan into an interest-only period. As a landlord, an interest-only investment loan can be a good way to reduce your […]
The latest Real Estate Market Facts report from the Real Estate Institute of Australia (REIA) has found that as house prices in the March quarter rose, national dwelling values declined. REIA president Hayden Groves said the report showed the continued growth of the Australian residential property market has culminated in the industry valued at $10.2 trillion. Mr Groves […]
Melbourne’s property values retreated in May, as the Victorian capital began to feel the sting of rising rates and the city’s market dynamics continually shifted towards softer conditions. Melbourne’s property market matched Sydney’s sombre mood at the end of autumn, as the two biggest capital cities recorded the biggest declines in property values among their peers in […]
With Australia’s rental crisis only set to worsen, one researcher is expecting certain suburbs to see rents surge by up to $5,000 over 2022 and 2023. InvestorKit’s founder and head of research, Arjun Paliwal, has acknowledged that Australia’s rental crisis is going from bad to worse. “A rental crisis is often defined by vacancy rates […]
Over the last two years, the Australian property market, and its booming prices, has been an investor’s dream – but not all suburbs are created equal. A new report from Suburb Help has highlighted the 40 worst suburbs for investors nationwide, classifying them as “soft”. A definitively “soft” property market, according to the report, is a […]
Are you thinking of investing in real estate? Here are common mistakes every beginner investor should avoid Investing in real estate is one of the most popular ways to build wealth among Aussies. As a testament to this belief, the latest data from the Australian Taxation Office (ATO) revealed that there are more than 2 […]
Economists are widely predicting a back-to-back 50-basis point cash rate lift in July, with two of the big four banks agreeing. Barclays’ Shreya Sodhani and Rahul Bajoria are predicting another 50-bp hike in July, followed by 40 bps in August, which will take the cash rate to 1.75 per cent. In a note issued following […]