National home prices have reached new heights for the month despite rising interest rates and an easing in price growth. CoreLogic’s latest national Home Value Index (HVI) rose by 0.6 per cent in November, marking the smallest monthly gain since the beginning of the current growth cycle in February 2023, however, the national HVI has […]
More than one-third (or 36.3 per cent) of homes across the country are cheaper to buy than they are to rent at current prices. It’s based on a national analysis of estimated purchase and rent prices by PropTrack, which found that buying conditions are “most favourable” across Queensland, South Australia and Western Australia. For PropTrack […]
Affordability, rate cuts and densification are just some of the changes set to sweep Australia’s housing market in 2024, according to Domain. As 2023 comes to a close, agents and owners around the country are watching the property market like hawks. Will supply ease up? Will property prices go down? Will rental growth waver? According […]
House prices are predicted to fall in Sydney, Melbourne, Canberra, and Hobart as interest rate rises start to bite home owners and buyers, according to a new report. SQM Research has released its annual Christopher’s Housing Boom and Bust Report 2024, in which it has forecast that Sydney’s property prices could record a moderate fall […]
How mortgage holders can deal with the latest rate hike. With the Reserve Bank (RBA) announcing its policy decision for June, borrowers are bracing for another rocky month marked with more mortgage pain. In this episode, Smart Property Investment’s Phil Tarrant and Finni Mortgages’ chief executive, Paul Glossop, talk about the central bank’s move to take another […]
Want to raise a family? These are the country’s top 12 neighbourhoods for kids and parents. Owning your own family home is the Australian dream – but with mortgage rates soaring and lifestyle needs evolving, it can be difficult to know where to buy. Financial services firm Property Credit sifted through data to identify standout […]
The average Australian has seen a 30 per cent drop in their borrowing power since the Reserve Bank of Australia (RBA) began lifting rates 19 months ago. When the RBA lifted the cash rate by a further 0.25 per cent in November, the maximum borrowing capacity of the average earner dropped by an estimated $10,500. That’s according […]
Here’s the biggest secret to getting a better return on your investment property. I’ve spent the best part of the last two decades reading data on suburb growth, listening to real estate experts, demographers and investors to try and hone in on the best property investment strategies. I’ve listened and I’ve learned, and over the […]
Mortgage getting you down? Here are five ways to make sure your negotiation ends with a win. With home loans at an all-time high, property owners around Australia are struggling to keep on top of their monthly repayments. The Reserve Bank od Australia’s (RBA) recent decision to up the cash rate yet again to 4.35 per […]
Rising mortgage rates could be making it harder for Australia to build the new homes it needs. New home markets in Sydney and Melbourne have become the worst hit as a result of cash rate hikes, just as those markets need to increase the supply of new dwellings to address the housing supply crunch. That’s […]