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
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A sharp fall in house prices have given one capital city its most affordable property market in 13 years, according to the latest figures from the Housing Industry Association.
Housing affordability continues to worsen in the ACT, with its affordability index dropping by 1.5% during the September quarter.
Perth continues to be one of the most affordable capital city property markets, with the median house and rent prices slightly softening this September.
Despite falling by 1.8% over the month of August, residential dwelling approval figures remain strong, registering a 10.1% increase from last year’s figures.
Sydney is no longer hailed as the best place to buy and invest in Australia, according to a survey of 1000 property investors by the Property Investment Professionals of Australia (PIPA).
Capital city auction volumes and clearance rates increased substantially this week following a quiet auction market during the Labour Day long weekend.
Australians who are renting even in retirement are facing more financial stress than those who own their homes, a new study has revealed.
A new survey of home buyers by UBS revealed that more than one in four home loan borrowers aren’t completely honest when applying for a mortgage.
Steep rises in value during the construction period have prompted many buyers of off-the-plan Sydney apartments to resell their units, earning profits of as much as 40%.
Sydney CBD core prime office yields hit a nine-year low at 5.2% in the September quarter, according to the latest Market Flash highlights from CBRE.
Australian Community Housing Providers (CHPs) praise the New South Wales Baird Government for the property transfer of 18,000 homes.
Residential property values in Australia continue to increase since June, providing exciting business opportunities for the savvy real estate investor.
Despite the lending crackdown imposed on Chinese investors for Australian property, Chinese buyers are flocking to Melbourne during China’s Golden Week.
Laing+Simmons managing director Leanne Pilkington said that the Reserve Bank of Australia’s decision to leave the interest rate unchanged at 1.5% is the right call, citing several reasons.
Many home sellers are putting their capital gains tax exemption in jeopardy when they use their home to produce income.
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