Developer offers Black Friday apartment discounts
Based in Melbourne, Caydon offered discounts on 100 apartments across its portfolio, including $100,000 off three-bedroom Cremorne apartments which sell for around $1.24 million, reports Property Observer. Was it a clever ploy to get unit sales moving in the slowing Melbourne market? Caydon says no. But when unit markets slow, it’s not uncommon for developers […]
First timers in market hit six year high
First timers accounted for 18 per cent of all owner occupier mortgages in the three months to August 2018, reports Your Mortgage. The latest figures from the Australian Bureau of Statistics show they’ve remained at that level. The average size of a first home buyer mortgage was around $350,000. Low interest rates, a solid job […]
#3 Do’s and #1 Don’t to cash in on the Brisbane market
And our sunny city certainly has a track record of creating happy home buyers over the long term. A report released earlier this year from Aussie and Core Logic identified 20 Brisbane suburbs that had more than doubled in value on average every 10 years. But like any city, Brisbane is made up of many […]
New homewares mecca opens on Brisbane’s northside
Skygate Home & Life centre has now opened at Brisbane Airport’s Skygate precinct… that’s near DFO for those of you who know your outlets. It reportedly cost $18 million, took 10 months to build and has added a whopping 9,260 square meters of retail space to the centre. That’s a lot of shopping. It offers […]
Which Brisbane northside boom suburb grew 33 per cent in the past year?
Perennial favourite Hamilton topped the list of Brissie growth burbs with a whopping 33 per cent increase in values. This placed it fifth in the state, behind a number of regional centres, some of which have bounced back post mining boom. Hamilton was amongst more than a dozen Brisbane suburbs which saw double digit growth. […]
Healthy living made easy in these Brisbane suburbs
The study compares 260 Greater Brisbane suburbs across 10 indicators that either help or hinder residents from leading a healthy life. These include walkability, access to fresh food, proximity to hospitals and allied health facilities, as well as hindrance factors like density of fast food outlets. The study also looked at access to open space, […]
Ditch the car and buy a home
Research shows the number of Aussies taking up licenses at age 18 declined by 6 per cent between 2011 and 2016. Over the same period, the median price of a home in Australia’s capital cities rose from $497,059 to $713,433, an increase of more than 43 per cent. Dr Elizabeth Taylor, of RMIT, said Australia was […]
Brisbane units set to boom
Taking in a two-year period, the data says Brisbane is expected to see a potential 36,057 more units off a base of 196,414 current apartments. In comparison, Sydney supply is expected to grow by 9.3 per cent with Melbourne to push 11.5 per cent. CoreLogic analyst Cameron Kusher told realestate.com.au that the sheer volume of […]
Fewer renters turning into buyers
That’s according to the the 13th Melbourne Institute Household Income and Labour Dynamics in Australia (HILDA) survey. More broadly, the number of renters has also leapt as housing affordability has worsened, according to the report’s co-author Roger Wilkins, and fewer are on an active path to home ownership. Renting was most common among single-parent families, the […]
Get ready for Brisbane storm season
Brisbane City Council offers a range of tips for homeowners to be ready for summer. Trim tree branches so they’re well clear of your house Clear your home’s gutters, down pipes and stormwater drains If you have large trees near your home, it’s best to get them checked by a qualified arborist Understand your property’s […]
