Crystal ball says rates could drop from mid this year
While it didn’t rule out further interest rate rises – inflation is still higher than the RBA likes it to be – commentators tend to be tipping a holding pattern for the months to come. The real speculation is around when will it start to drop interest rates? “The good news for borrowers — who’ve […]
Moreton Bay regions hit sub 1% rental vacancy
New stats show that just 2 per cent of Australia’s SA4 regions have a vacancy rate sitting above the ‘healthy’ benchmark of 3 per cent. What’s an SA4 region? We think realestate.com.au did a good job of explaining this, so we’ll share their definition: “SA4s are geographical areas defined by the Australian Bureau of Statistics, […]
Market update: Upswing continues into 2024
The CoreLogic Hedonic Home Value Index shows prices grew a whopping … wait for it … 1 per cent in the month of January. That might not sound like much but as they say, it’s the one-per-centers that can add up over time to make a big difference. And some suburbs have been putting in […]
The ultimate relationship test: a flat pack home
With Valentines Day spirit in the air, why not take your relationship to the next level and assemble a flat pack home with your nearest and dearest! For just a drop over $50,000 you can order your very own flat pack home from Amazon. What can’t you order on Amazon these days? The 35 square […]
Residents never want to leave this middle ring northside hot spot
But Chermside West residents put roots down far longer, according to new data. CoreLogic figures based on 2023 sales show that the median hold period for a home is 8.73 years, reports Domain. In Chermside West, home owners stay for 14 years – and who could blame them. This leafy suburb is filled with nature […]
Market update: Brissie property prices reach new record high
Median house prices were sitting at $888,285 at the end of December 2023, according to the most recent Domain House Price Report. That represents a 9.7 per cent increase across the year and marks a full recovery from declines in 2022. Unit prices reached a median of $524,202, representing a whopping 14.2 per cent increase […]
Cheapest way to get a pool in Brissie
But there are some interesting new pool products on the market which can give you a backyard dip for a much smaller hit to the hip pocket. Check out these novel ways to cool off without freezing the household budget, courtesy of Domain. Modular kit pools can be a cheap option, with Classic Pools supplying […]
Prices in north side “underdog” suburb grow more than 20%
These “underdog” suburbs aren’t known for their prestige, but they can offer buyers diverse property options with bargain price tags. Here on the north side, Taigum saw prices boom 22.2% last year, reports Nine News. It offers a mix of houses and units, including new build properties and low maintenance brick properties on smaller lots, […]
Market update: #11 suburbs to watch in 2024
Add strong jobs growth and an easing interest rate environment, and buyer confidence could be improving in leaps and bounds. “Elevated demand, coupled with a smaller inventory, leads to increased competition among buyers. While these conditions persist, prices are expected to rise, although not uniformly across all of Greater Brisbane,” writes Australian Property Investor magazine. […]
Australia’s population added another “half Canberra” in 2023
But in real numbers that’s 624,100 people, or half the population of Canberra. So what? Well imagine how many houses are needed to accommodate half of all Canberrans. Yep, that’s a lot! And construction of new dwellings is declining, so this means the housing shortage is likely to persist for a number of years to […]
