Category Archives: Real Estate News
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” […]
Will the RBA move interest rates this month?
The RBA will be holding their monthly meeting on Tuesday and while many predict rates to hold for now, an interest rate cut could be on the cards for the future. A finder.com.au survey of industry experts found that 60 per cent believe that the RBA’s next interest rate move will be downwards, a stark […]
Will the RBA cut interest rates in 2019?
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?
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
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 […]
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