Category Archives: Real Estate News
CBA predicts property market will boom over next 2 years
If you’ve been lining up for open homes on weekends then it probably won’t surprise you to learn that Australia is on the “cusp of a housing boom”. That’s according to Commonwealth Bank (CBA), who has forecast that property prices will rise by 14% over the next two years, with an 8% increase in 2021 […]
NAB predicts solid house price growth in 2021
Australia’s obsession with property looks set to continue in 2021, with one of the country’s major banks predicting that house prices could rise by as much as 8 per cent this year. NAB’s Australian Residential Property Survey for the final quarter of 2020 has predicted that house prices in capital cities could rise by an […]
Unused First Home Loan Deposit Scheme spots become available
More first home buyers will have the opportunity to jump onto the property market with a deposit of as little as 5 per cent, with the government reissuing about 1800 unused spots from the first tranche of the First Home Loan Deposit Scheme. Housing minister Michael Sukkar announced that the unused loan guarantees would become […]
Why you should feel confident about buying property right now
The property market has kicked off 2021 going full steam ahead with demand up in almost every corner of the country, according to CoreLogic data. CoreLogic’s latest national home value index showed that housing values were up by 0.9% for the month of January, bringing them to a new record high. Housing values have now […]
Aussie house prices have reached a new high
The average price to buy a house in Australia is now higher than it’s ever been before. According to the latest Domain House Price Report, the nation’s average house price jumped 4.1 per cent over the December 2020 quarter to $852,940 – the highest it’s ever been. The record-breaking figure is an increase of 5.8 […]
Property prices could jump 30 per cent in just 3 years
An analysis carried out by the Reserve Bank of Australia (RBA) has revealed that Australia property prices could be pushed up by as much as 30 per cent if the cash rate remains at record low rates and consumer sentiment remains high. In an internal document released through the Freedom of Information Act, the RBA […]
Australian property market ended 2020 on a high
While many of us were happy to say goodbye to the year 2020, the property market ended the year on a strong note with every capital city across the country reporting price growth for the month of December. According to the CoreLogic December Home Value Index, national dwelling values finished the year 3 per cent […]
More homes set to hit the market soon
If you’ve been struggling to find your dream home your luck may soon turn around, with an increasing amount of housing stock expected to hit the market over the coming weeks. December and January are generally slower months of the year, with many sellers choosing to hold off on putting their homes up for sale […]
New report reveals where NSW buyers have been heading
Another property report has highlighted the growth in the Australian property market, as well as the individual markets that have been doing particularly well. The CoreLogic Quarterly Economic Review for the November quarter has found that house prices are well on their road to recovery, being just 0.7% below pre-Covid levels. While national housing values […]
An older mortgage could be costing you thousands
Australians with older home loans could be missing out on thousands of dollars in savings, simply because they have chosen to be loyal to their bank or lender. While in theory you would think that banks and lenders would reward the customers that have stuck by them, a new report by the ACCC has found […]
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