Expert tips another #2 interest rate cuts
He forecasts one more cut in the last quarter of 2019 and another in early 2020, reports Property Update. This follows two successive rate cuts in June and July already this year. Does that mean you save more on your mortgage repayments? If you have a variable rate home loan, then probably, yes you will. […]
Chermside West, Keperra and Arana Hills set to boom
Keperra tops the list, along with Red Hill, which are forecast to see a 25 per cent price surge by 2022, according to new research from Select Residential Property (SRP) Research Group. Arana Hills, Mount Gravatt and Rochedale South are expected to see 24 per cent growth, realestate.com.au reports. Chermside West, Morningside, and Tingalpa are […]
#5 Features tenants will pay more for
Not every property improvement will earn a corresponding boost in rental income, but there are some investments that are more likely than others to generate a return, reports propertyupdate.com.au. Consider these options: Simple yet transformative cosmetic renovations like repainting internal walls and adding new blinds. Installing appliances like a dishwasher or air conditioning. Allowing pets. […]
#10 Suburbs where demand is triple the Brissie average
There are few surprises on the realestate.com.au list which includes perennially popular blue chip burbs as well as trending hot spots. And, we’re pleased to say, most of these bright burbs are on the north side. Toowong topped the list with 3815 views per listing, compared to the Brisbane average of 1006. The inner north […]
Brissie to boom 20% by 2022
It is predicting Brisbane house prices will skyrocket 20 per cent in the next three years. Brisbane units will also grow a healthy 14 per cent, according to the Residential Property Prospects 2019 to 2022 report. Several factors are driving this growth including a lift in sentiment since the May federal election and two successive […]
#2 Rate cuts + loose lending = time to buy!
But June and July have seen historic movements in interest rates and banking regulation which means it is much easier to get a home loan. If you’ve got a deposit in your pocket, the finance gods are likely to smile on your loan application. The Australian Prudential Regulation Authority (APRA), our national banking regulator, announced […]
Brisbane units to rise 5.6% in 2020
A new forecast from Moody’s Analytics shows Greater Brisbane apartment values to increase by 5.6% in 2020 after a 0.7% decline in 2019, reports Property Observer. Between 2013 and 2016 apartment approvals outnumbered housing approvals by three to one, but recent alignment is predicted to spur growth. We interject at this point with a warning […]
#20 Suburbs where it’s cheaper to buy than rent
A combination of record low interest rates and affordable median prices are creating suburbs where mortgage holders have more spare change than their renting counterparts, according to Domain data. “Generally what we saw in houses — which is consistent across capital cities — (is that) rents outstrip mortgage repayments in more affordable areas,” said Domain […]
Opulence overload: #20 priciest sales in FY19
The luxury home in Belmore Terrace, Sunshine Beach, was snapped up by an interstate buyer before it even hit the market. One inspection was all it took for an unconditional offer. Aha, mic drop. The second biggest sale was a millionaires’ row mansion on the Gold Coast’s Hedges Avenue which Clive Palmer secured for $12 […]
Record rate cuts put $100 a month in your pocket
Following two rate cuts in as many months savvy borrowers can sniff out a bargain home loan with the most competitive lenders offering variable interest rates from as little as 2.89 per cent. The June and July cuts will save variable rate mortgage holders around $100 per month, RateCity research director Sally Tindall told ABC […]
