Category Archives: Real Estate News
Rate cuts expected to help affordability, says REIA
Two rate cuts in a row have brought the official cash rate to an all time low of 1 per cent, which should provide a much-needed boost to housing affordability in the country. Homebuyers are expected to benefit from the RBA’s decision to cut rates for two consecutive months, according to Real Estate Institute of […]
Rates are down again! What does this mean for you?
Just in case you thought one interest rate cut wasn’t enough to put a smile on homeowners’ faces, a second rate cut for July has put the official cash rate down even further to a new all time low of just 1 per cent. While those who hold home loans will see rate cuts as […]
Would you take out a 40-year home loan?
Paying off a 25 or 30 year mortgage may sound like an eternity to some, but what about a 40 year loan? It may sound like a long time, but if you’re young and have time on your side then maybe an extra 10 or so years on your mortgage doesn’t sound so bad – […]
Could your property benefit from a granny flat addition?
Looking to boost your property’s value, or want to enjoy a rental income stream? Then a granny flat could be the right answer for you. A combined analysis by CoreLogic and Archistar has discovered that more than half a million homeowners across Sydney, Melbourne and Brisbane could be sitting on a real estate gold mine. […]
Signs the property market could be turning
Interest rates are down, lending criteria has eased and there’s a new first home buying scheme on its way… so will we start to see the property market heat up again? All signs are pointing to an improved market over the next few months, with buying activity already on the uptick since the Coalition government’s […]
Young Aussies rate home ownership above travel and career
People’s priorities may change throughout their lives, but for those under 30 it seems that home ownership is high on the list of wants, beating out travel and other life events. The finding comes from a survey commissioned by comparison website, comparethemarket.com.au, which found that owning a property was rated the third most important “life […]
Will we finally see interest rates change in June?
The Reserve Bank of Australia has kept the official cash rate of 1.5 per cent on hold since August 2016, meaning that it’s been 30 months since we have seen any movement, but there is a growing chance that we will see interest rates change soon. RBA Governor Philip Lowe hinted as much last week […]
Why the first home buyer market is tipped for growth
Things may finally be falling into place for the first home buyer market, with declining property prices and industry and regulatory changes making that first step into the property market easier than it has been for a long time. No more mortgage ‘stress tests’ Getting home loan approval can be a big hurdle for a […]
Fear of auctions is causing buyers to miss out
Property affordability is improving across the nation, however some buyers may be missing out on some great deals because they don’t want to bid at auctions. New research from Westpac’s Home Ownership Report has revealed that over half (56%) of home owners looking for their next property purchase admit they are too scared to buy […]
Do voters want negative gearing to change?
Everybody has been given the chance to find out where they sit on the political spectrum thanks to the popular ABC Vote Compass survey, which has provided some useful insights about how Australian voters view particular policies. One of the highly contentious policy debates of this year’s election is undoubtedly negative gearing, with the Labor […]
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