Property

It’s been a bleak winter for the Sydney property market after the extraordinary boom times of the past couple of years.Prices have been falling sharply in recent months but new data suggests things might be looking up for spring.Chief Economist at My Housing Market Dr Andrew Wilson said there has been an uptick in buyer and seller activity …

Property market predicted to boom again after winter slump, data shows Read More »

Rising interest rates have eased demand from potential buyers over 2022, which has been evident in the slowing of home price growth. But demand for homes in one state continues to outpace the rest. The PropTrack Potential Buyers Index, which measures the number of people seriously interested in buying, shows that demand has been trending downwards …

Homebuyer demand is falling from its peak but remains well above pre-pandemic levels Read More »

If you’ve been a homeowner for a while and you’ve built up some wealth, chances are you’re thinking about investing in property. Maybe you want to begin a portfolio and have an income of rental yields, or perhaps it’s part of your nest egg plan. Whatever the reason, it isn’t a decision you make lightly …

What Should I Consider When Buying a Second Property? Read More »

The Prime Minister has used the Liberal Party’s campaign launch to announce a plan to allow first home buyers to use their superannuation to purchase a property. The Liberal Party chose Brisbane to officially launch their campaign, only six days out from election day. Resource-rich Queensland was key to the Coalition’s “miracle” win at the …

Coalition announces Super Home Buyer scheme at federal election campaign launch in Brisbane Read More »

The Morrison government says fresh tweaks to its Home Guarantee Scheme will allow tens of thousands more Australians to buy homes. Prime Minister Scott Morrison has announced the price caps for homes available under the scheme will increase, expanding the number of people who are eligible. The scheme allows people to purchase homes with a …

Key changes to Home Guarantee Scheme announced by Prime Minister Scott Morrison Read More »

Home owners need to start preparing for higher interest rates and thousands of dollars a year in extra repayments after the Reserve Bank of Australia gave its strongest indication it will start increasing rates this year. Big bank economists are pencilling in a rise in the cash rate in June from 0.1 per cent – …

Sydney, Melbourne mortgage repayments to rise by thousands a year Read More »

Somewhere between boom and bust is a holding pattern where the Gold Coast property market sits right now. The release of CoreLogic’s home value index confirmed house prices had fallen in the big smoke markets of Sydney and Melbourne, by 0.2 and 0.1 per cent respectively, for the first time since the pandemic. Nationwide, REA …

Comment: Where Gold Coast property sits between boom and bust Read More »

In recent weeks, the US Federal Reserve and Bank of Canada joined the ranks of dozens of central banks globally that have raised interest rates in a bid to fight inflation. In October, the Reserve Bank of New Zealand (RBNZ) took the lead by being the first anglosphere central bank to raise interest rates. It was …

Aussie interest rate hikes will be precarious for housing market Read More »

What should I look for when investing in property? When investing in property, you will likely be looking to make money rather than buy a home to live in. If you are investing in a property in Australia—a popular way to invest for Aussies—it is important to determine whether it makes sense for you and …

Property investing: What you need to know Read More »