The practice allows people to build equity while living where they want instead of living in mortgaged houses in areas they’re not keen on
Adjustments include reducing daily expenses, giving up holidays, and delaying the purchase of a vehicle, according to a survey
Developers have taken notice of Tasmania’s tourism boom, and many are adding ambitious projects to their pipeline
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The latest data suggests many Aussies are venturing for the first time into the property market, with the majority buying one property
Investors are now paying higher interest rates than owner-occupiers—and the gap is predicted to become more extreme, according to senior bankers
The growth in interest-only loans to property investors is jeopardising house prices and the economy, say analysts
The commercial banks are repricing their loan products because their funding costs have increased
In January, investors committed to a total of $13.8bn in finance for investment properties
Launched in January 2016, Nested offers the services traditional estate agents are known for, but with a key tech-enabled difference
Mortgage referrers cannot provide advice to consumers, or assist them in any way when applying for a loan, said ASIC
Despite new taxes and Aussie bank lending restrictions on offshore investors, foreign buying surged last year and is expected to grow further this year and next
Net overseas migration accounted for 55% of Australia’s total population growth last year
Ninety percent of new units in selected larger projects in Fortitude Valley had resold at a loss over the past two years
It would worsen affordability for West Australian home buyers, owners, and investors
Future retirees will be draining their superannuation to meet steeper mortgage and rental expenses, warns an economist
Rapidly rising property prices in the major cities, record household debt, anemic wages growth, and competitive pressures among the lenders were cited for the potential crackdown
Analysts say borrowers should not discount chances that higher interest rates could burst a bubble created by the Reserve Bank
Demand from foreign investors is strong and property sales in the million-dollar range have reached new heights
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Very practical and useful article.
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