Category: OTHER PROPERTY NEWS AND VIEWS
Average NSW Home Loan Rises Above $500,000
September 27th, 2013Falling interest rates and rising home prices have pushed the average NSW home loan to above $500,000. Mortgages with banks and other lenders have been rising steadily, particularly in Sydney where auction clearance rates have sat at around 80% ov
Read MoreDemand For Smaller Properties
September 27th, 2013Sydney’s appetite for apartments is surging, with off-the-plan investments being snapped up quickly. Jones Lang Lasalle has said that 55 to 60 square metre, one bedroom apartments are the most popular with investors as they were more affordable
Read MoreIconic Australian Home Up For Sale
September 26th, 2013The iconic Sydney waterfront mansion owned by the Fairfax family is now up for sale. The property has been owned by the family for 122 years and is expected to be the most expensive home ever sold in the country. Agent Ken Jacobs said it was impos
Read MoreToo Early to Call a Property Boom
September 26th, 2013The Reserve Bank has rejected claims that falling interest rates are fuelling a property bubble as the rest of the economy slows. Housing prices, auction clearance rates and loan approvals have all been improving over the past few months. Some ana
Read MoreSydney Set For Property Boom
September 25th, 2013Sydney is set for a housing boom next year, driven by falling interest rates and improved market sentiment. SQM predicts prices will rise by between 15% and 20% in Sydney, double that of the next fastest growing city, Perth. Prices there are expec
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