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Wollongong has recorded the highest jump in home prices across Australia for the past 12 months, knocking off Sydney for the fastest growing house price title for the first time, according to new data released by CoreLogic. Cashed up Sydney buyers, … Continue reading
What a difference a decade makes in the Australian housing market. Back then, more than half of all capital city houses and more than 60 per cent of all capital city units sold for under $400,000. Today, this type of … Continue reading
If you’ve been thinking of investing in property, then now is the time to start organising your finance before the busy spring borrowing and buying period hits our Australian lenders. There are two main factors at play here, September, October, … Continue reading
Is the high cost of downsizing for older Australians causing a glut of large homes being underutilised in Sydney and Melbourne?
An estimated 100,000 large houses are being occupied by 65 years and older senior residents in Sydney and Melbourne, reveals a new report by a Fairfax Media analyst. While governments continue to search for answers to the current housing affordability … Continue reading
Rentvesting: The Latest Investment Strategy For Young Investors – Entering the Property Market Via The Backdoor
Due to high housing affordability levels, the current generation of new home buyers is finding it increasingly challenging to purchase property where they wish to live. So a new trend has emerged to get a foot hold into the property … Continue reading
Basic economics dictates that demand and supply is affected by price and as Sydney’s median house price tag hovers around $1.17 million, it stands to reason that many Sydneysiders are looking to go further and further afield into country New … Continue reading
It stands to reason that given Sydney’s traditional affluent Double Bay-like suburbs median price have now hit more than $3 million, some cashed up buyers are choosing to head out into Sydney’s West for more space and extra features. As … Continue reading
Higher Than Average Returns Tipped For Batemans Bay’s Shire On The NSW South Coast, Predicts New Report.
The latest Residex Predictions Report has identified the Batemans Bay area, postcode 2563, suggesting it will be the third best area for property growth across Australia. The report predicts a growth rate of between 5.1 and 8.29 per cent over the … Continue reading