Strata title reform is vital to the future housing needs of WA, one expert says
Price drops were evident despite a slight resurgence in auction clearance rates over the weekend
City’s economic performance has been closely tied to the property market, research says
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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.
Australian property commentators have lined up to slam predictions made by a US real estate analyst that property prices here are set to dive by as much as 60%.
National house prices have seen their first turnaround since the back end of 2010, but this year will be one of "mixed outcomes", it has been claimed.
A recent housing affordability measure has labelled Sydney house prices as being among the least affordable in the world, ranking the city third in its list of costliest cities.
Melbourne’s median house price rose by just under 2% during the final quarter of 2011, while some of the state's regional house markets made significant gains.
There has been a significant drop in the residential vacancy rates of NSW’s key regional metropolitan centres, according to the latest data from the state’s real estate institute.
The outlook for Australia’s residential construction industry in 2012 remains far from rosy, with a turnaround in fortunes unlikely in the first half of the year.
A new report has revealed that recent homebuyers are more likely to be among those owning houses valued at less than their purchase price, with the nationwide percentage of dwellings in ‘negative equity’ at almost 5%.
Rents have increased across the country as a result of greater competition for rental properties and a soft homebuyers market, according to a recent rental price index.
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I agree. Invest in Parkes!!
Great advice! Love it
Have you found any more info on this im in a similar situation