The practice allows people to build equity while living where they want instead of living in mortgaged houses in areas they’re not keen on
Adjustments include reducing daily expenses, giving up holidays, and delaying the purchase of a vehicle, according to a survey
Developers have taken notice of Tasmania’s tourism boom, and many are adding ambitious projects to their pipeline
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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.
Unemployment fell slightly in October, but the move may not indicate a pattern. Yesterday's figures from the Australian Bureau of Statistics show the unemployment rate has tracked downward slightly, sitting at 5.2% in October compared to the ABS' revised 5.3% for September.
Unsold housing stock is nearing record levels, and would take nearly eight months to clear.
The RBA’s decision to lower interest rates by 0.25% has boosted consumer confidence in the market, according to Westpac and the Melbourne Institute’s monthly consumer confidence survey.
Job ads have fallen for the fourth consecutive month as unemployment looks set to rise.
Master Builders has criticized the Senate's move yesterday to pass the carbon tax legislation, claiming it will increase the cost of housing.
The median house price in Perth continued to fall through the September quarter, while rents went up for the second time this year, according to the Real Estate Institute of Western Australia.
A new poll by PRDnationwide has gauged the biggest deterrents to house hunters.
First home buyers are heading back to the market in droves, new figures suggest.
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I hope it works out in your favour, this policy seems well intentioned but the p ...
Very practical and useful article.
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