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The property market has rebounded stronger than expected, with experts predicting property prices could reach the highs of 2017 as early as the middle of next year. With the spring racing carnival in full swing, interest usually turns to the race that stops a nation. Adelaide bucked the trend by achieving a personal best of …
Continue reading "High clearance rates + low stock = rising prices"
In a bid to assist first home buyers to purchase their first home, the government has unveiled details of the Federal Government mortgage scheme. As of January 2020 the government will assist the first 10,000 first home buyers on low and middle incomes. The scheme will be open to a single person with a taxable …
Real estate is an Australian obsession, whether you're renting, buying, selling, investing, speculating, upsizing, downsizing, or staying put, Australians simply cannot get enough of property. Australians spend an average of 2.5 hours a week preoccupied by the property market, according to new research by HSBC. We spend more time looking at property than we do …
Continue reading "Looking for a property? This may be why you can’t seem to find the one."
The property market is gaining momentum on the back of better borrowing conditions and consumer sentiment. Consecutive rate cuts by the Reserve Bank of Australia (RBA) and APRA's relaxation on home loan rules effective immediately, meaning it will now be easier for home buyers to take out a mortgage. The last month of auction results …
Continue reading "Property market heating up as the weather cools down"
For the seller History suggests that when an interest rate cut occurs property values go up. Borrowers generally find it easier to access finance at lower interest rates, meaning there are more buyers, more competition, as a result property values are pushed up. A research discussion paper released by the RBA (Reserve Bank of Australia) …
Year on year you hear people talk about preparing their house to go to market in spring, but what about winter? Do all the buyers and sellers go into hibernation and prepare for the busy spring/summer sale season? Fact is, the serious buyers are always looking to buy, regardless of how cold and dreary it …
Continue reading “Winter is coming…Prepare your house for sale”