New strata laws in New South Wales make it easier for apartment owners to update or redevelop their ageing unit blocks
According to CoreLogic’s latest Hedonic Home Value Index results, capital city dwelling values rose 0.2% throughout November 2016
The latest auction market preview from CoreLogic indicates there are slightly fewer auctions to take place across the combined capital cities this week
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Despite the property market showing signs of reaching the bottom of the cycle, prices are unlikely to see a sustained recovery this year, with one researcher forecasting tough times for select cities.
The Big Four banks have decided to break ranks with the Reserve Bank and raise their mortgage interest rates.
A significant monthly drop in the number of properties listed for sale has offered hope to property investors that homebuyers are coming out of the woodwork.
Reaction to the RBA’s decision to keep interest rates on hold has come in thick and fast, with commentators labelling it as a missed opportunity to boost the property market.
Australians may be gloomy about the country's economic prospects, but the property market outlook may come as a surprise.
A recent survey has revealed that property investors are more worried about global economic uncertainty than interest rate movements and real estate prices, among a host of other surprise results.
Westpac may have dropped its home loan interest rates in November and December last year, but it has told customers that they won’t start repaying at these lower rates until March.
Property investors who plan to buy in Sydney would do well to avoid houses and focus on units, it has been claimed.
A banking industry spokesman has all but admitted that Australia’s major banks won’t pass on any RBA rate cut in full.
New home sale numbers took a dive in the lead up to Christmas last year, with recently released figures showing a significant drop in buying activity.
Melbourne’s property market is in the hands of renters, thanks to its increasing vacancy rate, while rents in parts of Sydney will rise by more than 6%, it has been claimed.
Capital city property values dropped marginally during December, according to new research, but rents in our major cities have risen significantly.
YIP Magazine’s Property Investor’s Forum will provide top tips on the best performing suburbs, capital raising strategies and investment opportunities. Industry leader Tyron Hyde, director of Washington Brown, will also share expert insight into the truths and myths of tax depreciation and what you can claim. Find out how to register today.
Australia’s distressed property listing numbers are on the up, according to new research, with private investors and SMSFs swooping in to capitalise on this trend.
The RBA is being tipped to cut the official cash rate at its next meeting, but speculation is mounting that the major banks may not pass on any rate cut to borrowers in full.
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