Category Archives: Real Estate News

RBA extends low interest rate streak

Posted by Terry Hansen on April 9th, 2018 in Real Estate News | No Comments
flipping property

Last week the Reserve Bank kept the official interest rate on hold at the historic low of 1.5 per cent, extending its long running streak of no movements up or down. April’s meeting made for the 18th consecutive board meeting where the RBA has not budged from its position, making it the longest stint where […]

Nine out of ten properties sell for a profit

Posted by Terry Hansen on March 26th, 2018 in Real Estate News | No Comments
property

A cooling property market hasn’t stopped sellers from turning a profit according to data from CoreLogic. The housing statistics firm has revealed that 91.1 per cent of all properties sold in the December 2017 quarter went for a price above their previous purchase price. The property market was so lucrative in the three months to […]

Do swimming pools add value to your home?

Posted by Terry Hansen on March 21st, 2018 in Real Estate News | No Comments
pool

Many homeowners daydream about adding a pool to their backyard. But while a pool may be nice to take a dip in on a warm day, it may not add as much property value as you would imagine. The lending group, Lendi, surveyed more than 1,000 Australian men and women online to see whether or […]

Drop in interest-only loans could be good news for buyers

Posted by Terry Hansen on March 5th, 2018 in Real Estate News | No Comments
real estate

A crackdown from the APRA has led to a plummet in the amount of interest-only loans being taken out in the past six months. The banking regulatory body reported a drop in interest-only mortgages to well below their 30 per cent benchmark set in March last year to curb investor demand. According to SBS News, […]

Positive outlook for housing in 2018

Posted by Terry Hansen on February 28th, 2018 in Real Estate News | No Comments
property

A new report by Housing Industry Association’s (HIA) has predicted a strong year for housing, despite a slowdown in investor activity. The National Outlook for 2018 noted that while investors are leaving the market, demand from first home buyers will help fill the void. HIA principal economist Tim Reardon said that the supply of new […]

How well do you understand property tax deductions?

Posted by Terry Hansen on February 21st, 2018 in Real Estate News | No Comments
calculator

Many Australians may be missing out on the opportunity to buy an investment property simply because they don’t understand tax deductions. A new study by Galaxy Research, on behalf of non-bank lender State Custodians Home Loans, found that less than half of those surveyed were aware of the main tax deductions they could claim on […]

First home buyers making a return

Posted by Terry Hansen on February 14th, 2018 in Real Estate News | No Comments
architecture

First home buyers have increased their dominance in the housing market, according to NAB’s Residential Property Survey. The survey found that first home buyers made up nearly 29 per cent of owner-occupied new home sales in the fourth quarter of 2017, and 22 per cent of established owner-occupied home sales. This brings first home buyers to […]

Are Australian homes taking longer to sell?

Posted by Terry Hansen on February 12th, 2018 in Real Estate News | No Comments
open house

The time it takes to sell a home appears to be getting longer, according to the latest Property Pulse by CoreLogic. At the end of 2017, it took an average of 45 days to sell by private treaty across Australia. It took a little bit faster to sell across the combined capital cities, at an […]

Will the RBA lift rates in 2018?

Posted by Terry Hansen on February 5th, 2018 in Real Estate News | No Comments
property

With the RBA set to meet for the first time in 2018 tomorrow, the question on everyone’s mind is whether or not interest rates will go up this year. Most predictions point to interest rates holding steady for this month at least, continuing the longest run of low rates in Australian history. The last time […]

Was property flipping profitable in 2017?

Posted by Terry Hansen on January 31st, 2018 in Real Estate News | No Comments
kitchen

Property flipping can be a risky endeavour, however a new report has found that the majority of flipped properties (those bought and resold in a short amount of time) in Australia turned a profit in 2017. CoreLogic’s Property Flipping Report for 2017 found that almost 9 in 10 properties were flipped for a profit last year. […]

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