The harbourside city has ranked among the most expensive housing markets in the world, beating other posh postcodes including Geneva and Paris. Sydney clinched the eighth spot in the top 10 of the cities with the most expensive residential transactions after clocking in a total of 99 “super-prime” property deals or high-end residential sales of more […]
An industry professional has revealed four insider tips for investors looking to stay ahead of the real estate game by securing off-market properties. InvestorKit’s founder and head of research, Arjun Paliwal, said that some investors are missing out on off-market properties or real estate assets that have not been publicly advertised or listed on the […]
With several factors clouding the market’s outlook, a new report revealed the most and least expensive suburbs across the country to help investors find clarity amidst the uncertainty. Financial services provider Savvy stated that 2022 was an equally mixed bag of “jubilation and despair” for investors and aspiring first home buyers due to several factors. […]
One of the most common ways to turn that dream home purchase into a nightmare is by spotting all the faults that need fixing. You should always expect issues to be flagged when purchasing a second-hand property. How you navigate those issues can make all the difference when it comes to how satisfied you are with […]
According to buyer advocates, it’s the perfect time for buyers “to make a cheeky offer”. In the wake of the latest Reserve Bank of Australia (RBA) rate rise, the Real Estate Buyers Agents Association (REBAA) said that while some people will be sitting on the fence “and feeling despondent”, buyer’s agents plan to make the […]
For the first time this year, over 2,000 homes will go under the hammer across the country, according to data from CoreLogic. The week ahead should see 2,459 capital city homes auctioned off, a 33.2 per cent increase on the previous week’s levels. Despite the week-on-week increase, this remains 27.4 per cent below the equivalent […]
Hundreds of thousands of borrowers with fixed-rate mortgages face a bumpy road ahead this year as record-low fixed-rate loans expire and higher “revert” rates hit. Banks are calling it a “fixed-rate cliff”, and the worst thing you can do is wait for it to happen. There’s no need to panic; interest rates are simply returning […]
Higher interest rates, cost-of-living woes, and changing property markets have all seen investors proceed into 2023 with caution; however, smart decisions can circumvent these headwinds and assist wealth generation. Apartment versus single dwelling, acreage versus high rise, and old versus new — all these factors are worthy considerations when it comes to purchasing the right […]
National home prices have dropped once again in January, although according to Home Value Index from PropTrack and CoreLogic, declines are easing. PropTrack’s Home Price Index found that home prices fell 0.9 per cent nationally for the month of January, marking the 10th consecutive month to record a decline in prices. All capital cities (with […]
As higher interest rates are expected and the property market demand eases, economists expect further price falls in the coming months. Australian home values have dropped 8.40 per cent since May 2022 to December 2022, since the property market hit its peak in May last year, according to CoreLogic. CoreLogic Economist Kaytlin Ezzy said the current downturn […]