The levy would deter speculative holding and bring under-utilised properties to the market
The lowest-priced houses in greater Sydney are more expensive compared with other assets – including office space in the CBD
This is severely reducing the already limited supply of properties for tenants looking for long-term homes
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Recently released figures from the ABS show that the month on month level of housing finance commitments increased slightly in December.
If you've ever been to an open house for rental properties particularly in capital cities, you'll know that it’s quite normal to see several dozen prospective tenants browsing one property.
If you are like a lot of investors in Australia, and you have bought a property that is costing you more than you thought, well you've got three options: you can either do nothing and watch your money go down the drain, you can sell, or you can increase your cash flow.
Property valuers spend years acquiring the skills necessary to accurately assess value in their area of expertise, but there are a few simple principles they employ that can assist anyone in assessing what their next investment might be worth.
More properties are set to enter the Australian property market over the coming weeks - adding to the stock currently on the market, which could be bad news for sellers.
Median rents are on the rise in the Western Australian capital, according to new figures from the state's real estate institute.
Australian Property Monitors believes that the Australian property market will return to growth in the second half of the year.
A senior economist has predicted three rate rises for 2011, in spite of the RBA's decision on Tuesday to leave rates on hold.
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.
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National Housing Mar ...
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Get a couple big bully boys and rough him up if he does not move out.
Furnished properties can also attract those from the lower socio-economic demogr ...
this soap bubble will burst whith a bang when the Chinese soap run out