Latest Property News

Affordability Slips in Late 2013

By Street News on 28 Mar 2014 No Comments

Housing affordability declined slightly in the December 2013 quarter as the positive impact from previous interest rate cuts tapered off, said the Housing Industry Association, the voice of Australia’s residential building industry. In 2014 we are likely to see further gains in residential property prices ...

Investors Continue to Focus on Property

By CoreLogic RP Data on 27 Mar 2014 No Comments

Why does latest Australian Bureau of Statistics (ABS) housing finance data report show a slight fall in demand for investment property? Last week, RP Data further explored the latest ABS results, where it was reported that the total value of housing finance commitments for investment purposes was recorded at $10.3 billion in January 2014 ...

Consider Depreciation Deductions When Buying an Investment Property Off-The-Plan

By AOXEN on 26 Mar 2014 No Comments

Buying off-the-plan can be a very attractive option for your first investment property, and there are some extra depreciation considerations to take into account that could help investors save thousands. Buying off-the-plan essentially means you are entering into a contract to purchase prior to the construction phase ...

Finding Great Buys in Altona

By Cate Bakos on 25 Mar 2014 No Comments

With a budget of only $300,000, it was my goal to find a good investment property within 13km of the city. I was also looking for something on a serviced rail line, near a vibrant cafe strip. You could say I had my work cut out for me. My clients were particularly keen to see if I could come up with something seaside... and that I did ...

Melbourne Auction Results – March 24, 2014

By Peter Sarmas on 24 Mar 2014 No Comments

There is no doubt stock levels are rising as I notice a higher than normal level of properties are up for sale or heading to auction over the next few weeks. Venders are eager to beat the Easter Break rush. How is the health of the property market? Well good if you take clearance rates as the barometer ...

Interest Rate Stability Ahead

By CoreLogic RP Data on 22 Mar 2014 No Comments

At the meeting the RBA board decided to keep official interest rates on hold at 2.5 per cent and flagged that a period of interest rate stability was the most likely course of action from here. Perhaps the most interesting portion of the minutes related to financial stability and the housing sector ...

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