A key factor in the growing popularity of these two locations is their relative affordability
With competition for good local stock heating up, Aussie investors may soon have to seek greener pastures abroad
Fear of being evicted without grounds keeps many tenants from addressing various abuses
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The housing market across Australia’s capital cities was soft leading up to the RBA’s decision to cut interest rates in November, according to research by RP Data.
Borrowers are anticipating further interest rate cuts to come late this year or early next year, according to a Loan Market poll.
Growth has returned to Sydney’s rental market as rents steadily increased over the last year, according to research firm PRDnationwide.
Australia’s economic growth is expected to be among the highest in the developed world next year thanks to mining investment and booming commodity prices, according to a report from the Organisation for Economic Cooperation and Development.
Fixed rates have continued to fall below the 6% mark, with a non-bank lender announcing cuts to its product suite.
Close to a third of all properties coming onto the market over the last two months were from forced sales, a LandMark White sales index has revealed.
Renovations continue to spur building activity as homeowners pass up new purchases in favour of adding value to their existing homes.
New vacancy rate data shows a rental market that is "excessively tight", with vacancies dipping slightly in October.
Mining areas have proven the big winners of the Queensland property market, dominating the state's growth suburbs.
Renters are spending more of their weekly income on housing costs than those with a mortgage, according to research by RP Data.
The Queensland residential property market appears to be on the mend, staging an impressive recovery over the September quarter, according to a REIQ September median price report. The report found that sales activity has strengthened across the state with preliminary house sale numbers up 17% on the June quarter.
Homeowners looking to refinance could be shocked to find their mortgages underwater, it has been claimed.
The popularity of high density living has heightened as single dwelling prices become more expensive.
Low investor participation is seeing vacancy rates in Queensland tighten.
Aussie consumers have no plans to jump into the property market, even though savings are up and mortgage stress is down.
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