Category Archives: Real Estate News
St Marys is seeing a surge in first home buyer demand
Property prices might be rising, but that hasn’t been deterring first home buyers with lending increasing dramatically for the group over the first four months of this year. According to data from the National Bank of Australia (NAB), lending to first home buyers surged by 67 per cent in the period between January and April […]
$25k first-home owner grants on the cards for NSW
First-home owners in NSW may soon be able to get a little extra help entering the property market with the state government unveiling plans to offer up $25,000 grants. The proposal would see grants replace the existing stamp duty concessions available to first-home buyers, in a bid to make home ownership more accessible. The grant […]
Aussies are snapping up homes quicker than ever
The cool change in weather is normally a time when the property market sees a seasonal slowdown, but that doesn’t look to be the case this year as properties fly off the market at record speeds. The average number of days that properties were on the market in May was just 32 days, according to […]
Australian property values keep rising
Australian house prices are showing no signs of slowing down, with prices up again for the month of May. Figures from CoreLogic show that prices were up by 2.2 per cent last month, up from the 1.8 per cent increase that was seen in April, although not quite as high as the 2.8 per cent […]
Could it be a good time to buy a unit?
The housing market has gotten a lot of attention this year, but as house prices continue to rise there’s a good chance that buyers will start turning their attention to other property options such as units. Since the pandemic started we have seen a trend of buyers looking for larger homes in less dense areas. […]
The properties being shunned by first home buyers
There may be a lot of homebuyers desperate to get into the property market at present, but that doesn’t mean there aren’t certain types of properties that some buyers won’t touch. Research from Finder’s First Home Buyers Report 2021 has found that more than half (51%) of first home buyers weren’t willing to take on […]
What impact will the 2021 Federal Budget have on the property market?
Last year’s Federal Budget was all about getting the housing and construction industry moving. Key measures such as HomeBuilder were deemed a huge success as homeowners and new buyers splashed cash on extensive renovations for their homes. HomeBuilder is likely partly responsible for the soaring property prices we’ve been seeing across the country of late, […]
Sydney property prices continued to climb in April
Property prices across Australia’s capital cities continued to rise higher in April, however at a slower pace than we saw the previous month. New figures from CoreLogic’s national home value index show that housing values went up by 1.8% in April, after reaching a 32-year high in March when prices went up by 2.8%. But […]
Signs that property growth could be slowing down
The property market has been full steam ahead since the start of the year, with property prices in March growing faster than they have for 33 years. A range of factors has led to this property frenzy. There’s been record low rates, attractive government stimulus, a surge in consumer confidence and lacklustre stock levels, which […]
Here’s how current home prices compare to previous booms
It’s no secret that the property market has gone a little crazy lately, but how do current home values stack up against previous highs? Record high property prices are being recorded all around the country, with data from the CoreLogic national home value index showing a national increase of 2.8% in March alone, this is […]
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