Market Update: 2021 Federal Budget… What’s on the horizon for Real Estate
In his opening comments announcing the budget Josh Frydenberg said “Over the last 12 months, the Australian economy has outperformed all major advanced economies around the world,” he noted. “But the job is not done. There is still more to do. Australia is still in the midst of a global pandemic.” With housing now worth […]
This north Brissie region is set to boom
Moreton Bay is one of four Queensland regions given ‘best buy’ status in the Hotspotting National Top 10 Best Buys report, according to realestate.com.au. New infrastructure and jobs – including the University of the Sunshine Coast Petrie campus – are continuing to drive interest in this northern Brisbane growth corridor. Realestate.com.au quotes from the Terry […]
#10 Ways to pay off your home loan in half the time
Here are #10 tips courtesy of Domain to downsize your mortgage while interest rates remain at historic lows. Warning: some of these could hurt! If you double your repayments, you’ll halve your loan term – right? Wrong. If you increase your repayments by two-thirds you’ll pay off a 30 year loan in 15 years. Cut […]
Market Update: Baby they’re back! Investors are re-entering the property market at a growing rate
New home loan approvals jumped over March, growing 5.5 per cent with around 55 per cent of the increase driven by investors. That’s a 12.7% increase from the month prior, it was the tenth consecutive month that new investor lending increased and it was the largest monthly increase since July 2003, almost 18 years! This […]
#4 Must-know tips for Gen Z home buyers
But it can also be a perilous time financially, when the lure of credit cards and buy-now-pay-later offers – combined with uni student impulsivity – can have lifelong consequences for financial security. Sounds a bit serious, but it is. Sometimes we learn financial lessons the hard way – but avoiding massive debts in your early […]
Brissie luxury property leaps onto international rich list
In February alone the top 25 per cent of values in Australia’s combined capital cities jumped 2.7 per cent, reports CoreLogic. This compared to the middle 50 per cent of the market, which increased by 1.5 per cent and the lower priced quartile which grew 1.2 per cent. This growth came off the back of […]
Market Update: Seven signs the property market is peaking
This week Core Logic released a report detailing statistics signaling that the property market is peaking. Executive Research Director Tim Lawless said ‘This isn’t to say housing values are about reverse; a more likely scenario is the housing market is moving through a peak rate of growth and the pace of capital gains will gradually […]
What are build-to-rent apartments?
Where renting was once considered a temporary stop on the way to home ownership, more and more Australians are living in rental properties over the long term or even permanently. So how is our rental market changing to accommodate longer term tenancies? You might have heard about ‘build-to-rent’ apartments which are new in Australia but […]
#3 Property mistakes all millennials must avoid
So if you’re a Millennial, or even a Gen Z, you can be excused for feeling a little miffed when it comes to getting on the property ladder. The good news is that thanks to the internet and Australia’s obsession with property there is far more information available today than ever before to help set […]
Market Update: #1 in #3 Aussies are getting ready to sell
One in ten homeowners were already in the process of putting their home on the market, or making plans to do so, in the next year, according to Westpac bank research. This points to a surge in seller confidence which is now higher than it was before the pandemic. Perhaps not surprisingly it’s the promise […]
