Investor Optimism On The Rise
Investor sentiment is improving while home-buyer confidence is falling, according to ME Bank’s latest Quarterly Property Sentiment Report. The second quarter of 2021 saw the overall sentiment in the [...]
Renovation Spend Hits Record
Australians are spending a $1 billion per month on renovations in a boom partly fuelled by government stimulus that has seen the number of home alterations at record highs. There [...]
Global Price Rises Defy Covid
It’s not just Australia – across the world, residential real estate prices are rising. It wasn’t long ago that real estate experts everywhere were bracing for the worst. The pandemic [...]
Budget Expands FHB Scheme
Treasurer Josh Frydenberg confirmed in this week’s Federal Budget that another 10,000 places will be added to the First Home Loan Deposit Scheme (FHLDS). The incentive allows first-home buyers to [...]
Value Of Homes Tops 8 Trillion
Housing remains the nation’s largest asset class, well ahead of shares, superannuation and commercial developments, as residential property prices continue to rise. The total value of residential real estate [...]
No Budget Change On Tax Matters
Those with a stake in the Australian property market can sleep easy after the official delivery of the 2021 Federal Budget. While the 2021 budget includes a number of measures [...]
RBA Holds Firm: No Rate Rises
Reserve Bank governor Philip Lowe has re-affirmed that the official interest rate will remain at near zero for at least another three years. This is despite unveiling a sharply upgraded [...]
Westpac Bullish On Economy, Property
Westpac has downplayed the prospect of regulators stepping in to curb the boom in house prices and promised to slash $2 billion from its cost base within the next few [...]
Prices Up 9% In 4 Months
Australian house prices have risen almost 9% in the first four months of 2021, following a further rise of 2% in April, according to CoreLogic figures. House prices rose in [...]
Cheaper To Buy Than Rent: NAB
The head of one of the Big 4 banks says low interest rates have created an unusual situation for people facing an age-old property conundrum. National Australia Bank says it’s [...]