By Kristie Kwok on 6 Feb 2014 No Comments
Rising unemployment could lead to another interest rate cut and lower the value of the Australian dollar further, making local properties even more attractive to foreign investors. The current Australian dollar value has already hit a 3.5 year low against the US dollar ...
By Kristie Kwok on 5 Feb 2014 No Comments
The ABS Housing Finance data for November showed that first time buyer loan commitments fell to a fresh low of 12.3 per cent, while investor loan commitments experienced further growth. With first time buyers clearly struggling, many are holding the availability of negative gearing of investment property responsible ...
By Cate Bakos on 4 Feb 2014 No Comments
On Saturday I had the pleasure of meeting two new delightful clients who had been referred to me by their friends. Their property story was interesting and gripped me to write this article about their purchase strategy and how well it had worked out for them. My client's father had prompted him to purchase an investment property back in 2008. ...
By Street News on 4 Feb 2014 No Comments
The RP Data-Rismark Home Value Index for Melbourne houses reached a new nominal peak in January after a surprisingly strong 3.7 per cent rise. The latest figures surpass the previous peak in October 2010. The unit index recorded a more moderate 0.2 per cent rise and reached an earlier peak in December 2013 ...
By Peter Sarmas on 3 Feb 2014 No Comments
There is something in the real estate market that seems to have property people pretty excited. It’s very early days, but a number of agents have reported a stronger than usual January. Much of their overhanging Christmas stock has been snapped up by astute buyers concerned about further price increases and a rise in interest rates ...
By Peter Sarmas on 1 Feb 2014 No Comments
It has been revealed that new home sales climbed for the first time in five years, suggesting the housing market underwent a broad recovery in 2013. In his weekly property commentary, Peter Sarmas considered the results of Westpac's Consumer Sentiment Survey and the potential ramifications for the property market. ...
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