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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How does a 0.5% drop in interest rates sound? This is exactly what property industry leaders are asking for, as pressure mounts on the RBA and the nation's banks to aid a property market recovery this year.
A recent poll has found that shares have just pipped property at the post when it comes to the investment class that respondents expect to bring in the best profits this year. But do their expectations meet reality?
Would you give up eating out, holidays, your daily coffee or that pair of shoes that you’ve had your eye on in order to scrape together a house deposit? New research suggests that first homebuyers are drastically cutting back on life’s luxuries in order to get their foot on the property ladder.
If you’ve been knocked back for a loan or are worried about how to get financing for your next property, don’t lose heart – Scott McCray of Smartline Personal Mortgage Advisers says there are ways to get a loan no matter what your situation.
In a follow up to our story on Australia’s population growth hotspots, Your Investment Property reveals those areas whose populations are experiencing a worrying decline.
A housing forecast has claimed the number of new homes being built will fall significantly unless serious reforms are made in the way building approvals are awarded.
How does five-year capital growth of between 78% and 94% sound? Read on for a rundown of the top 10 best performing suburbs for capital growth in Melbourne over the past five years.
The RBA has decided to keep the official cash interest rate on hold, but claims have been made that borrowers are still being left in limbo by the recent trend for lenders to raise their rates independently of any RBA decision.
With building approvals falling to their lowest level in nearly three years, concerns are being raised that new housing levels could be heading for dangerous GFC territory.
Recognising that population growth can be a good indicator of impending house price growth, you'll be interested to know which areas have a population growth rate that's four to five times the national average.
It’s no use buying a property where nobody wants to live in and then praying for growth, but there are several suburbs where it seems that the owners never want to leave – holding on to their properties for up to 20 years. And guess what? Median prices in the top 10 are as low as $90,000.
We reveal 18 suburbs where vacancies are almost non-existent, competition for rents is minimal and the current supply and demand situation suggests immediate, large-scale capital growth is coming.
If you’re looking for 10-year capital growth of over 200%, new data suggests you’re best off moving to India or Russia. But before you pack your bags, it’s worth noting that Australia still makes the top 10 – and it’s recent performance outshines some of its higher ranked counterparts.
It’s a technique usually reserved for livestock, but the owner of a house in Capalaba has taken the extremely unconventional move of putting his property up for auction with no reserve – running the risk of having to sell it for peanuts.
A recent study has ranked Adelaide as the most liveable city in Australia, with Sydney and Darwin given the wooden spoon.
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