Category Archives: Real Estate News
Lender offers incentive to buy ‘green’ homes
Looking to buy or build an energy-efficient home? You may be able to take advantage of a new discounted home loan on offer from Bank Australia, in partnership with the federal government’s Clean Energy Finance Corporation (CEFC). The Bank Australia Clean Energy Home Loan will offer a 0.4% discount on mortgages worth up to $1.5 […]
First Home Loan Deposit Scheme at a glance
The First Home Loan Deposit Scheme is now up and running, meaning that 10,000 first home buyers in Australia will be able to purchase their first home with as little as a 5% deposit, without the need to pay lenders mortgage insurance. With the scheme being brand new a lot of buyers have questions about […]
Be quick to take advantage of First Home Loan Deposit Scheme
First homebuyers struggling to save up enough for a home deposit may now be able to take advantage of the federal government’s First Home Loan Deposit Scheme, which became available on January 1 2020. The scheme was introduced to help give first home buyers a leg up into the market, however there’s only 10,000 loans […]
The top Australian property predictions for 2020
There’s little denying that last year was full of highs and lows for the Australian property market. At the beginning of 2019 the market was at one of its lowest points in history, experiencing a massive market correction that saw about two years of price declines. However the market seemed to find its floor in […]
Will the property market continue to sizzle in 2020?
The Sydney property market has remained strong as we’ve entered summer, but it looks set to continue at full steam as we head into 2020. Recent auction clearance rates are a clear testament to the renewed sentiment in the market. According to CoreLogic data there were 936 auctions held across Sydney last week, returning an […]
Property prices showing no signs of slowing down
The Australia property market continues to move at a breakneck speed, with CoreLogic data showing that prices were up again in November. This is the fifth month in a row we’ve seen an increase in property prices, after a two-year downturn. Property prices went up 1.7 per cent over November, which is the biggest monthly […]
Rates remain on hold for December… but what will 2020 bring?
The RBA left the official cash rate on hold at its last meeting of the year, at the record low rate of just 0.75 per cent. Interest rates have dropped significantly this year, with three cuts of 25 basis points in June, July and October. There’s little doubt that this monetary easing has contributed to […]
Are we months away from another housing boom?
The property market has made a dramatic comeback these past few months and if price growth doesn’t slow down we could be seeing new record values being set in just a few month’s time. An analysis from CoreLogic has revealed that if the current rate of growth continues then national dwelling values could reach a […]
How affordable is housing compared to 10 years ago?
After experiencing two years of property price declines we are starting to see the market bounce back, with predictions that we could see peak levels again in 2020. While this probably comes as good news for those that own a home, escalating property prices does bring up the concern of housing affordability, however new research […]
What’s happening in the Sydney property market?
The Sydney property market is continuing to gain pace as we steamroll towards the end of the year with recent sales figures highlighting further price increases, according to Domain’s data. House and unit prices in Sydney were up by 4.8 per cent and 2.6 per cent respectively over the September quarter, making for the biggest […]
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