Category Archives: Real Estate News
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 […]
Aussie borrowers are confused about basic mortgage concepts
Despite property being one of the biggest financial investments that many will make in their lifetime, new research has found that almost half of property seekers don’t understand some common mortgage terms. Westpac’s Westpac’s latest Home Ownership Report, which surveyed over 1,000 Australian home owners looking to purchase their next property, found that almost half didn’t […]
The good and the bad from scrapping negative gearing
Negative gearing is a hot topic of discussion in the lead-up to the Federal Election on May 18, but what would changes to the current policy really mean for Australians? For those confused about what negative gearing means, it’s essentially when the income from an investment property (i.e. the rent) is exceeded by the costs […]
What does the 2019 Federal Budget mean for property?
If you were hoping that the latest federal budget would throw a bit of money your way to help make breaking into the property market easier, you’re going to be a little disappointed. However this year’s budget does feature policies that may indirectly help you on your homebuyer journey. Tax cuts Having a bit more […]
New report reveals time needed to save for a house deposit in Sydney
The property market isn’t all doom and gloom, with a new report from Domain finding that first-home buyers are in a much better position to buy in Australia’s most expensive cities than they were a year ago. The Domain First-Home Buyer Report for March 2019 analysed entry-level property prices in the most affordable areas of […]
How far does $1 million go in Sydney and Melbourne?
While housing affordability continues to be an issue for those buying in the Sydney and Melbourne property markets, at least $1 million can buy you more than a single bedroom. According to The Wealth Report 2019 by Knight Frank, US$1 million will only buy you 16 square metres (or the equivalent of one bedroom) of luxury […]
Problem or Opportunity?
Sometimes it’s easy to focus on the negative messages in the media, but when you really evaluate the current market you realise that things may not quite be as bad as some people believe it to be. FACT!! “RIGHT NOW, COULD ACTUALLY BE THE BEST TIME TO MAKE A MOVE!” It’s now more affordable to […]
Would you delay overseas travel to buy a home?
You may not need to give up your smashed avocado to buy a home, but new research has revealed that nearly half of Australian homebuyers are forgoing an overseas holiday to get into the property market. According to news.com.au, research from InsureandGo has revealed that nearly half of all Australians who buy a home wait […]
Is the current property market as bad as it seems?
Feeling a little concerned about the current state of the property market? You certainly wouldn’t be the only one, especially given regular media reports predicting extreme falls, or in the case of a recent news.com.au article, “the worst crash since the 1890s depression”. But could these points of view simply make for good “click bait” […]
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