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Capital city auction volumes and clearance rates increased substantially this week following a quiet auction market during the Labour Day long weekend.
Australians who are renting even in retirement are facing more financial stress than those who own their homes, a new study has revealed.
A new survey of home buyers by UBS revealed that more than one in four home loan borrowers aren’t completely honest when applying for a mortgage.
Steep rises in value during the construction period have prompted many buyers of off-the-plan Sydney apartments to resell their units, earning profits of as much as 40%.
Sydney CBD core prime office yields hit a nine-year low at 5.2% in the September quarter, according to the latest Market Flash highlights from CBRE.
Australian Community Housing Providers (CHPs) praise the New South Wales Baird Government for the property transfer of 18,000 homes.
Residential property values in Australia continue to increase since June, providing exciting business opportunities for the savvy real estate investor.
Despite the lending crackdown imposed on Chinese investors for Australian property, Chinese buyers are flocking to Melbourne during China’s Golden Week.
Laing+Simmons managing director Leanne Pilkington said that the Reserve Bank of Australia’s decision to leave the interest rate unchanged at 1.5% is the right call, citing several reasons.
Many home sellers are putting their capital gains tax exemption in jeopardy when they use their home to produce income.
More than 30,000 homes were built in Sydney during the 2015-2016 financial year, yet experts say that this level of home building still is not enough to improve affordability in the city.
According to the latest data from property consultant CoreLogic, the index of home prices for the combined capital cities climbed 1% from August.
The WA state government’s Keystart Housing Scheme Trust has sold Bendigo and Adelaide Bank $1.35 billion-worth of standard variable-rate residential home loan debt at 0.2% premium.
With a median dwelling price of $470,000, Brisbane has cemented its place as the most affordable capital city to buy property in.
Only 4.9% of total dwelling stock nationally transacted over the 12 months to June 2016, meaning it would take around 20.5 years for the total national housing stock to turnover.
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Buying off the plan
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