Home Buyer Interest up 50% on 2019
Buyer interest in the property market is up 50% on the same time last year, despite the challenges posed by Covid-19. According to realestate.com.au, searches in Victoria and South Australia [...]
Gen Y Plan to Buy Soon
A record number of Australians – 29% – plan to buy a new home in the next two years, shows new research by Rabobank. Nearly one-third of those surveyed had [...]
Vacancy Rate Remains Below 3%
The latest data on residential vacancies shows that, despite a rise in the number of properties seeking tenants, the national vacancy rate remains well below 3% - the commonly accepted [...]
Households Shore up Finances
Households are saving money by being frugal during lockdown, suggests figures from the Commonwealth Bank. Most households have the same income as before but greatly reduced expenditure, giving them the [...]
Buyer Searches Rise Across Nation
Home buyer interest is up almost 50% on this time last year, according to property search data from realestate.com.au. Compared to April 2019, the number of people searching for a [...]
Homes Hold Their Values
National home values rose 0.3% in April with regional areas, as well as most of the capital cities, all delivering some level of increase, according to CoreLogic’s Hedonic Home Value [...]
Jobless Rate Won’t Hit Property Prices
History shows that a rise in unemployment does not lead to fall in property prices. Financial adviser and author Stuart Wemyss says the last time Australia had a recession, with [...]
The Lasting Benefits Of the Shutdown
We’re going to benefit from the shutdown imposed by the virus, in infinite ways. It may not feel like it at the moment, and I don’t disregard the pain many [...]
Markets Well Placed To Withstand Virus
Most major property markets around the nation are well-placed to withstand the coronavirus crisis, according to the Property Investment Professionals of Australia (PIPA). PIPA chairman Peter Koulizos says the many [...]
Tasmania, Victoria Share No.1
Victoria remains the best performing economy but now shares top spot with Tasmania, according to the latest CommSec State of the States report. The ACT has lifted to third spot [...]
