Category Archives: Real Estate News

What the 2020 budget means for the property market

Posted by Terry Hansen on October 9th, 2020 in Real Estate News | No Comments
calculator

The federal government released its budget for the 2020-21 financial year on Tuesday, in what has been described by Treasurer Josh Frydenberg as “the most significant budget to date”. That’s because the latest budget has the massive task of digging the Australian economy out of recession and helping it recover in the wake of COVID-19, […]

Sydney property continues to bounce back

Posted by Terry Hansen on October 6th, 2020 in Real Estate News | No Comments
sydney

The Sydney property market continued on its road to recovery in September with house prices having fallen at the lowest rate since the start of the coronavirus pandemic. CoreLogic’s September home value index results showed that the median home price in the harbour city dropped 0.3 per cent over the month to $859,943. This is […]

How long it takes to save for a home deposit in Sydney

Posted by Terry Hansen on September 30th, 2020 in Real Estate News | No Comments
sydney

Low interest rates, slowing house prices and government incentives are all enticing first-home buyers into the market, but there’s still a big barrier in their way. New research from Domain’s First-Home Buyer Report has found that it’s taking first-home buyers longer to save for a home than it was a year ago. According to the […]

The rule change that will make it easier to get a home loan

Posted by Terry Hansen on September 25th, 2020 in Real Estate News | No Comments
bank

Aussies may soon find it easier to take out a mortgage or refinance their home loan after the federal government announced it would be scrapping responsible lending laws in a bid to help the economy recover from the COVID-19 pandemic. The move will be a shift away from the current practice of ‘lender beware’ back […]

Westpac forecasts 15pc jump in house prices in next few years

Posted by Terry Hansen on September 21st, 2020 in Real Estate News | No Comments
property

Westpac Bank has followed CBA in downgrading their doom and gloom predictions for the Australian property market – with a new report forecasting a solid market recovery. The big four bank had previously predicted that property prices would fall 10 per cent between April this year and June 2021, however they have now revised their […]

CBA revises Aussie property price predictions

Posted by Terry Hansen on September 14th, 2020 in Real Estate News | No Comments
house

One of Australia’s biggest banks expects the property market to bounce back next year, revising its earlier predictions of a dramatic market crash due to the coronavirus pandemic. The Commonwealth Bank of Australia has predicted minimal property price falls across the country, with forecasts showing a 6 per cent slide in capital city prices from […]

Property prices stabilising across the country

Posted by Terry Hansen on September 9th, 2020 in Real Estate News | No Comments
suburbs

The Australian property market continues to prove its resilience, with the latest CoreLogic figures showing that price falls are slowing down across the country. According to CoreLogic’s Home Value Index, property prices dipped just 0.4 per cent in August. This is the fourth consecutive month that the country has seen price falls, however things have […]

Answering your key questions about HomeBuilder

Posted by Terry Hansen on September 7th, 2020 in Real Estate News | No Comments
building

There has been a surge in interest around renovating and building a home in Western Sydney ever since the announcement of the federal government’s HomeBuilder scheme, however there is still a lot of confusion surrounding who exactly is eligible. For those looking for a bit of clarity, we’ve put together a definitive guide to help […]

REIA is pushing for more support for first home buyers

Posted by Terry Hansen on September 2nd, 2020 in Real Estate News | 1 Comment
bank

The Real Estate Institute of Australia (REIA) is pushing for further support to be given to first home buyers in the federal government’s 6 October 2020 budget. The country’s peak real estate body has made five recommendations to the Commonwealth Treasury aimed at boosting economic activity in the country through the property market. The 5 […]

New tool helps you work out the cost of your renovations

Posted by Terry Hansen on August 31st, 2020 in Real Estate News | No Comments
floor plan

Has the latest season of The Block inspired you to get on with a home renovation project of your own? If you’ve been thinking about bringing out the tools or paintbrushes then you’re probably going to need to consider budget, with renovation costs differing drastically depending on the type of work you’re getting done, the […]

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