Category Archives: Real Estate News

Could a fixer-upper be your gateway into the property market?

Posted by Terry Hansen on April 19th, 2021 in Real Estate News | No Comments
door

First home buyers are turning their attention to homes that need renovating, in a bid to get into the property market for less as property prices rise at record speeds.  A survey by comparison website Finder has found that four in five first home buyers intend to purchase an unrenovated home.  More than half plan […]

How long will interest rates hold steady?

Posted by Terry Hansen on April 9th, 2021 in Real Estate News | No Comments
bank

It came as little surprise when the Reserve Bank made the call to keep the official cash rate on hold at its April meeting, but many are wondering if a rate rise is on the cards for the future. The cash rate has now remained at the record low rate of 0.10% for 6 months, which […]

Australian auction market experiences busiest week in 3 years

Posted by Terry Hansen on April 1st, 2021 in Real Estate News | No Comments
house

Australia’s auction market has just had its busiest week since 2018, with Sydney and Melbourne each seeing over 1,000 homes being sold under the hammer.  All up there were 3,791 taken to auction across the capital cities last week, making for the busiest auction week since the week prior to Easter in 2018, according to […]

Sydney house prices tipped to grow 19% in 2021

Posted by Terry Hansen on March 26th, 2021 in Real Estate News | No Comments
sydney

ANZ has forecasted that house prices in Sydney could surge by as much as 19% this year, however there is a chance that lending restrictions will be brought in before too long to help cool things down. The major bank said that the current ultra low interest rates were doing their part to support the […]

Will the property boom continue through 2021?

Posted by Terry Hansen on March 19th, 2021 in Real Estate News | No Comments
house

The property market has never been hotter, with selling prices hitting remarkable new highs all across the country.  For those hoping that buying activity might slow down anytime soon, it doesn’t look like that will be the case. REA Group have just released their 2021 Insights Property Outlook Report that shows some of the trends […]

Sydney property values hit new high

Posted by Terry Hansen on March 15th, 2021 in Real Estate News | No Comments
sydney

Sydney property values are now officially more expensive than they’ve ever been before.  It may be hard to believe that just one year ago people were predicting a major property market collapse due to the pandemic, but instead the reverse has turned out to be true, with CoreLogic data revealing that property prices in Sydney […]

How long can interest rates stay at record lows?

Posted by Terry Hansen on March 10th, 2021 in Real Estate News | No Comments
flipping property

The Reserve Bank of Australia (RBA) kept the official cash rate on hold at its March meeting, in a move that was expected by pretty much everyone.  But as low interest rates continue to fuel a price surge in the property market, the question of whether or not they will need to be lifted soon […]

Property is booming – prices surge at fastest rate in 17 years

Posted by Terry Hansen on March 8th, 2021 in Real Estate News | No Comments
property

The great Australian dream of buying a home is more popular than ever, with property prices surging by 2.1% in February, the fastest month-on-month growth seen in almost two decades. According to new data from CoreLogic, property values have gone up across every Australian capital city and regional area, demonstrating the strong upswing in property […]

Property investors are set to make a comeback

Posted by Terry Hansen on March 1st, 2021 in Real Estate News | No Comments
bank

Property investors have been relatively quiet over the last couple of years, but with low interest rates and growing confidence in the market, they’re going to be making a comeback in 2021.  The REA Insights Property Outlook Report 2021 expects that strong property market conditions will see investor activity soar in 2021.  This will be […]

CBA predicts property market will boom over next 2 years

Posted by Terry Hansen on February 19th, 2021 in Real Estate News | No Comments
suburbs

If you’ve been lining up for open homes on weekends then it probably won’t surprise you to learn that Australia is on the “cusp of a housing boom”. That’s according to Commonwealth Bank (CBA), who has forecast that property prices will rise by 14% over the next two years, with an 8% increase in 2021 […]

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