September rate cut fuels surprise recovery in the mortgage market
Sales of mortgages across Australia staged a spectacular and unexpected recovery on the previous month's poor showing, according to the latest data from Australian Finance Group (AFG).
Property markets hold firm despite gloom
Australia's national property market has remained strong thanks to robust demand outstripping supply, according to a recent report by RP Data and Rismark International.
Sydney's Ultimo and Pyrmont outperform despite gloom
The Sydney CBD fringe suburbs of Pyrmont and Ultimo are fast gaining a reputation as Sydney's best residential performers, with strong rental growth bringing the average return above $880 per week.
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