Category Archives: Real Estate News

Will the RBA cut interest rates in 2019?

Posted by Terry Hansen on February 11th, 2019 in Real Estate News | No Comments
real estate

There have long been predictions that the next interest rate move by the RBA would be an increase, but there are growing reasons to believe that interest rates could be headed lower instead. At the RBA’s last meeting in February they kept the official cash rate at 1.5 per cent. Interest rates have remained on […]

Has your lender raised its rates?

Posted by Terry Hansen on January 30th, 2019 in Real Estate News | No Comments
real estate

NAB has recently announced it will be increasing its variable mortgage rates, making it the last of the Big Four banks to bring in out-of-cycle rate hikes. The bank will be increasing its investor and owner-occupier rates on its variable Tailored Home Loans, effective as of 31 January 2019. According to NAB’s Chief Customer Officer – […]

Buyers are back from holidays

Posted by Terry Hansen on January 11th, 2019 in Real Estate News | No Comments
airplane

If buyers did take a break from the market over Christmas then they are well and truly back, with a lot of property hunters looking to take advantage of current market conditions. It’s no secret that Sydney property prices took a hit in 2018 and while this isn’t great news for sellers, savvy buyers having […]

2018 was a tough year for Australian property values

Posted by Terry Hansen on January 7th, 2019 in Real Estate News | No Comments
flipping property

The Australian property market experienced its weakest conditions since 2008’s Global Financial Crisis in 2018, according to new data from CoreLogic. Figures from CoreLogic show that dwelling values fell by 4.8 per cent nationally throughout the year, led mainly by declines in Sydney and Melbourne. Prices in Sydney were down by 8.9 per cent, and […]

APRA scraps cap on interest-only lending

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

The Australian Prudential Regulation Authority (APRA) has announced it will ease the restrictions it put in place on interest-only residential mortgage lending. The banking regulator capped the proportion of interest-only lending at 30 per cent back in March 2017 in a bid to curb high risk lending practices. With banks having reached their benchmarks and […]

Home loan demand on the rise

Posted by Terry Hansen on December 17th, 2018 in Real Estate News | No Comments
money

In a positive sign for the property market, recent data has shown that home loan demand has gone up following two months of declines. According to the Australian Bureau of Statistics’ (ABS) housing finance data for October, 52,654 home loans were approved throughout the month. This is an increase of 2.2 per cent on the […]

Many first-time buyers are choosing to invest

Posted by Terry Hansen on December 12th, 2018 in Real Estate News | No Comments
real estate

New research has revealed that one third of first home buyers are choosing to buy an investment property as their first property purchase. According to the 2018 Property Investment Professionals of Australia (PIPA) Investor Sentiment Survey, 36 per cent of first home buyers are choosing to “rentvest” (buy an investment property while continuing to rent) rather […]

Where is Sydney on the property clock?

Posted by Terry Hansen on December 7th, 2018 in Real Estate News | No Comments
sydney

There’s no denying that 2018 has been a tumultuous year for the Sydney property market, but what lies ahead for 2019? Will it be doom and gloom or are things starting to look up? Most property experts tend to agree that Sydney property prices have yet to fully stabilise, however a number of factors could […]

Domain predicts property market could stabilise in 2019

Posted by Terry Hansen on December 5th, 2018 in Real Estate News | No Comments
outer western sydney real estate

After a year of significant property price falls across the country we could see the market start to stabilise as early as next year before moving into a new growth phase, according to new research from Domain Group. Domain’s Property Price Forecast report looked at the likely scenario of capital city prices over the next […]

Quarter of Aussies leave their front door unlocked

Posted by Terry Hansen on December 3rd, 2018 in Real Estate News | No Comments
house

Do you leave your front door unlocked? New research from finder.com.au has found that of the 9.9 million front doors across the country, nearly a quarter (23 per cent) of them are left unlocked. The comparison website surveyed 2,013 Australians and found that fewer than one in three households (30 per cent) use deadbolts on […]

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