Australia’s pandemic property boom is well and truly at its tail end, with rising interest rates and inflationary pressures two major factors contributing to the market’s decline. Property prices have begun the cooling process and are showing no signs of slowing down, with predictions of a 10 to 15 per cent value decline on track […]
For the sixth consecutive week, the nation’s combined capitals have registered a preliminary clearance rate of below 60 per cent. A 2.4 per cent increase in auction activity, which saw 1,667 homes go under the hammer nationwide, was not enough to stop this slide. So far, the combined capitals are reporting a preliminary clearance rate […]
Dan Andrews’ Labor Party will be bringing a new-look cabinet to the next Victorian election, having named a new Minister of Housing and a new Minister for Planning over the weekend. With the revelation that a number of senior ministers are set to resign at the next election, the outcome of a parliamentary Labor Party […]
A total of 2,358 auctions were held last week, down 6.7 per cent from the previous week, according to preliminary CoreLogic data. A drop in auction activity in Melbourne has contributed to an overall decline in auction volume across the national combined capitals. A total of 2,358 auctions were held throughout the course of the week ended 26 […]
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 […]
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 […]
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 […]
An ever-changing regulatory environment is creating not only economic turmoil, but an opportunity for sophisticated investors who engage with a mortgage broker, an industry expert has explained.
A Brisbane-based buyer’s agent has identified the top six suburbs where buyers are creating hundreds of thousands of dollars in equity by building their own home.