Due diligence and the ability to take quick action are vital if you want to compete against moneyed developers
Rental guarantees are actually a trap as developers use this ruse to keep flooding the market with over-priced units
The surge was driven by a substantial rise across the southeastern capital cities
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The number of home loans processed by Australia's largest mortgage broker, AFG, has dropped to its lowest level since the inception of its Mortgage Index in 2004.
The flood damage will surely have a massive economic impact on property owners but this is likely to be short-lived according to Residex.
Melbourne house prices soared 6.9% to $601,500 in the December quarter triggered by continuing strong demand for housing according to REIV. This also marks a significant milestone - the first time that house price broke through the $600,000 barrier.
A recent market research report by the Ehrenberg-Bass Institute of Marketing Science has revealed that Australian Broker, followed by Mortgage Professional Australia, is the most highly celebrated publication in the industry.
A researcher from real estate agency Place has urged residents in flood-affected Brisbane to hold onto their homes rather than selling at a discount.
A seasonal decline in tenant interest before Christmas pushed vacancy rates higher at the end of 2010.
Males are 10% more likely to look at options including refinancing in 2011, according to Mortgage Choice.
While the full extent of the damage is yet to be quantified, Fitch Ratings said the flood currently affecting South East Queensland is expected to have a negative impact on mortgage borrowers.
Treasurer Wayne Swan has announced his banking reform package, which will see a shakeup of the way home loans are constructed and the funding market for smaller lenders.
A buyers' market has developed in Queensland due to falling demand for investment properties, the Real Estate Institute of Queensland has said.
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Housing shortages could lead to rent increases of up to 7% in some capital cities over the next two to three years.
A 30% drop in population growth since the GFC has contributed to a slowdown in house price growth, according to REIWA.
New lot production in Sydney is expected to be more than twice its current rate by 2015, according to new figures from BIS Shrapnel.
AFG is warning that the mortgage market is 'stalling' as its October figures show a stark decrease in the number of mortgages taken out.
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