Category Archives: Real Estate News

Lenders crackdown on Bank of Mum and Dad

Posted by Terry Hansen on September 16th, 2019 in Real Estate News | No Comments
bank

Those hoping to break into the property market with the help of the Bank of Mum and Dad may now face a harder time, with a number of lenders introducing strict new guidelines covering guarantors of home loans. The guidelines come as a response to the new Banking Code of Practice that was introduced in […]

Is the property market really in recovery mode?

Posted by Terry Hansen on September 2nd, 2019 in Real Estate News | No Comments
house

The Australian property market has just been through one of the biggest pricing slumps we have seen in decades, but despite some positive signs that the market is turning, can we be sure that the downturn is truly over? Or is it still too early to tell? Property prices in Sydney and Melbourne have gone up […]

Is the window of housing affordability about to close?

Posted by Terry Hansen on August 19th, 2019 in Real Estate News | No Comments
home

A story on news.com.au is warning potential homebuyers to get into the Sydney property market soon, or else they may risk paying a higher price. Homebuyers have been cautiously optimistic about jumping back into the property market following the recent downturn, which has led housing affordability to hit a 20-year high. According to a report […]

Is now the time to bet on a fixed rate?

Posted by Terry Hansen on August 14th, 2019 in Real Estate News | No Comments
money

To fix or not to fix is a question asked by many homeowners around the country, particularly after a drop in interest rates. With the official interest rate now at an all-time low of just 1.0 per cent, there’s possibility no better time to talk to your lender about your options and see if there […]

Further signs the housing downtown is over

Posted by Terry Hansen on August 5th, 2019 in Real Estate News | No Comments
outer western sydney real estate

Sydney property prices have gone up for the second month in a row, signalling that the worst of the property downturn in the city could be at an end. CoreLogic’s home value index for July showed that the median dwelling value increased by 0.2 per cent for the month. This is the second month of […]

Rate cuts expected to help affordability, says REIA

Posted by Terry Hansen on July 17th, 2019 in Real Estate News | No Comments
house

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?

Posted by Terry Hansen on July 5th, 2019 in Real Estate News | No Comments
real estate

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?

Posted by Terry Hansen on July 3rd, 2019 in Real Estate News | No Comments
house

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?

Posted by Terry Hansen on June 26th, 2019 in Real Estate News | No Comments
bedroom

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

Posted by Terry Hansen on June 14th, 2019 in Real Estate News | No Comments
house

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 […]

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