Consumer-driven sectors, including residential and retail, are contracting
Many said it led to emotional stress and other negative consequences
The High Court’s decision leaves thousands of landlords and tenants in limbo
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Australians may be gloomy about the country's economic prospects, but the property market outlook may come as a surprise.
A recent survey has revealed that property investors are more worried about global economic uncertainty than interest rate movements and real estate prices, among a host of other surprise results.
Westpac may have dropped its home loan interest rates in November and December last year, but it has told customers that they won’t start repaying at these lower rates until March.
Property investors who plan to buy in Sydney would do well to avoid houses and focus on units, it has been claimed.
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.
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