| | Money talks: Banks offering cash to entice customers
Wednesday, 5 March 2014
Banks are increasingly offering borrowers cold hard cash in an attempt to sign them up as mortgage customers.
As lenders jostle to expand their share of the home loan market, all big four banks are ...
| Locals priced out by $24b Chinese property splurge
Wednesday, 5 March 2014
‘‘A generation of Australians are being priced out of the property market. Many face a life time of renting,’’ Credit Suisse analysts Hasan Tevfik and Damien Boey said.
Wealthy Chinese buyers...
| Investors strong in NSW, but not elsewhere
Thursday, 9 May 2013
This week's surprise decision by the Reserve Bank to cut interest rates will fuel investor interest in residential property.
Australians are passionate about investing in bricks and mortar and the c...
| Big banks in little hurry to pass on rate cut
Wednesday, 3 October 2012
The big four banks will pass along most of the Reserve Bank's rate cut to mortgage holders, analysts believe - but the wait may drag on until next week.
The major banks took an average of 10.6 days...
| Public housing high-rises keep prices down
Wednesday, 3 October 2012
The inner-city set may claim there is no stigma attached to living near public housing but property prices expose a more tawdry truth.
The closer you live to public housing estates such as Richmon...
| Sydney house prices on the rise, data shows
Friday, 3 August 2012
Sydney homeowners preparing for spring sales campaigns have been given some encouraging news with three sets of data now showing price growth.
Independent analysts RP Data-Rismark today released its ...
| Brisbane booming in the middle and round the edges
Friday, 3 August 2012
Brisbane is the place to be, but people aren't living where you may think, new population figures from the Australian Bureau of Statistics reveal.
The data, which captures a decade of change to 2011,...
| Auctions indicate it's still a buyers' environment
Friday, 3 August 2012
With more than a month behind us since the auction season opened up again, it is worth taking a snapshot of the market by looking at how the auction clearance rates have been performing, plus consider...
| ACT named as hot investment spot
Friday, 3 August 2012
Two ACT suburbs have been named in the top investment areas across NSW and the territory by McGrath Estate Agents.
In his autumn market review, McGrath real estate chief executive John McGrath listed...
| Housing market steady despite the dark clouds
Tuesday, 6 March 2012
The weekend's damp weather made for some challenging auctions held among crowds of umbrellas and pouring rain but another clearance rate above the 60 per cent mark delivered relief to agents and ...
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SuperUser posted on September 26, 2011 15:08  Confidence seems to be worsening in line with global economic news. Melbourne's auction market seemed to falter yesterday in the face of its first big test of the spring selling season. The auction clearance rate fell to 53 per cent for the 599 auction results reported to the Real Estate Institute of Victoria. But this figure is likely to drop as the industry group tracks down the results of another 99 auctions still unreported. [Read the rest of this article...] SuperUser posted on September 16, 2011 11:56  VICTORIAN landlords could be forced to pay tenants up to $1800 for urgent repairs under laws introduced this month. Consumer Affairs Minister Michael O'Brien also yesterday announced rules that will compel real estate agents to report suspected unregistered rooming houses. [Read the rest of this article...] SuperUser posted on September 12, 2011 17:51  Commonwealth Bank's offer of a short-term discount to borrowers for any housing loan is a move that reflects the growing importance of online competition among Australia's major banks. Commonwealth Bank pledged to beat any advertised rate by ANZ, National Australia Bank and Westpac until the end of the September on new loans worth $100,000 or more, or new borrowings from existing customers of the same amount. [Read the rest of this article...] SuperUser posted on September 12, 2011 17:39  A TRIANGLE of wheat-belt towns nestled in a sea of green grain and yellow canola crops in Victoria's vast, flat Mallee country house many of the state's cheapest homes. Dwellings in Hopetoun, Birchip and Sea Lake, about 400 kilometres north-west of Melbourne, have median prices city residents can only dream about. But buyers beware: they're isolated, living costs are high and a good car is a necessity, not a luxury. [Read the rest of this article...] SuperUser posted on September 03, 2011 05:28 SEVERAL of Brighton's best homes are vying for a record price this spring, testing Melbourne's soft real estate market and defying top-end trends. The Moule Avenue beachfront home of Gribbles Pathology founder Wallace Cameron and his wife, Joan, will be put on the market this week with an estimated price of $25 million. [Read the rest of this article...] SuperUser posted on August 22, 2011 08:58 AUSTRALIA'S love of huge houses with extra bedrooms, a study, media or family room may be coming to an end but our homes are still the biggest in the world. The latest figures show the average new home built in Australia is still 10 per cent bigger than its counterpart in the United States and 9 per cent bigger than in New Zealand. [Read the rest of this article...] SuperUser posted on August 21, 2011 21:10  If there's a Logie for making something out of nothing, The Block 2011 Grand Finale must be a shoo-in for crafting two hours of television from an auction at which three out of four houses failed to sell. That downbeat result left highly unfancied couple Polly Porter, 24, and Warwick "Waz" Jones, 27, as winners by default of the reality television renovation competition. Their house sold for $855,000 on a reserve of $840,000, leaving them to pocket the $15,000 difference plus a $100,000 cash prize. [Read the rest of this article...] SuperUser posted on July 01, 2011 05:59 MELBOURNE property values have continued their six-month downward slide, recording the fourth-largest drop across the country. [Read the rest of this article...] SuperUser posted on June 28, 2011 03:09  Property prices won't experience huge losses over the next three years but interest rates will rise to almost 9.5 per cent by 2014 to force buyers back onto the sidelines, a new study says. [Read the rest of this article...] SuperUser posted on April 20, 2011 07:06 Prospective borrowers have been urged to get a home loan while they can. Some may soon start to find it a little tougher to borrow, with the big banks expected to turn the screws quietly on who qualifies for a home loan. [Read the rest of this article...] | | |
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