Property

Drastic move 20% of first home buyers consider amid boiling market

First home buyers are considering homes across state borders as the rapidly surging Australian property market forces them to get creative, new research has found.   One in five first home buyers are now considering buying in a different state or region, or around 2,362 people a month, Finder’s First Home Buyers Report revealed.   …

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It is essential to weigh up the pros and cons when considering investing in property

Many people consider investing in property in the hope of bringing wealth to their lives. Whilst there are many alternatives such as stocks, bonds and cash, property investment tends to be viewed as one of the safest and easiest options. According to realestateview.com.au, property investment isn’t for everyone. If you are considering investing in property, it …

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House prices were expected to fall, now they’re tipped for a record rise. What’s going on?

by Jennifer Duke | Mar 29, 2021Shared by Champion Group Property The consensus at the height of the coronavirus outbreaks was that there would be a deep and painful fall in home values. The opposite happened. So should you trust predictions now of major price rises? Property prices are going to fall. Home values are going to rise. …

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Chinese Investors Tipped to Return This Year

Chinese investors will re-enter the Australian real estate market in the second half of this year according to Asian proptech company Juwai. Australian real estate attracts more than six times the Chinese GDP-adjusted investment than that of the United States, but it has dropped significantly due to travel bans during the Covid-19 pandemic. Chinese investment enquiries in …

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SMSFs’ rush into property is adding more fuel to skyrocketing house prices

Self-managed super fund members are diving into property at a rate much faster than the total asset growth within both SMSFs and the wider pooled-fund sector, according to new ATO figures. Between December 2017 and December 2020 total SMSF balances rose 11 per cent to $764.34 billion and the total in pooled super funds was up …

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Sydney’s newest suburb, Bradfield, has been declared by the NSW Premier

Sydney’s newest suburb, Bradfield, has been declared by the NSW Premier. Bradfield is located at the northern end of Bringelly – and alongside Sydney’s new international airport. The suburb will become Sydney’s third city centre – along with Sydney and Parramatta. Premier’s Statement: “The NSW Government plans to call Sydney’s new ‘hi-tech’ city at Bringelly …

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No end in sight for Australia’s ‘broad-based’ housing boom

Australia’s housing boom has no end in sight as record-low rates and improved economic conditions entice buyers back into the market. Less than 12 months after the federal government put the national economy into temporary lockdown, property prices across the country are soaring as supply fails to meet demand. Values rose at the fastest pace …

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Westpac forecasts 20 per cent jump in Australian house prices

Australia’s second biggest bank has predicted a 20 per cent jump in Australian property prices between now and 2023, which would see the value of homes in Sydney surge by $200,000. Westpac said record-low interest rates of just 0.1 per cent would see real estate values in our nation’s capital cities rise by 10 per …

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