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 ...
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 ...
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 ...
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 ...
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 ...
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 ...