Category: OTHER PROPERTY NEWS AND VIEWS
Sydney Housing Market Booms On Back of Positive Indicators
September 25th, 2013The Sydney housing market is surging on the back of a series of positive economic indicators. Auction clearance rates reached their highest levels in ten years and buyers are now paying well above reserve rates. The surge has been driven by a cont
Read MoreHousing Confidence Returns
September 24th, 2013Confidence in the housing market has climbed to its highest level in 12 years, leading many to suspect the new federal government and Reserve Bank of Australia will have to contend with a property bubble. The country’s prudential regulator has w
Read MoreNeighbouring Suburbs The Key To A Shorter Mortgage
September 24th, 2013Sydney property buyers can pay off their mortgage up to 18 years earlier and save over $400,000 by buying next door to their ideal suburb. A new study by Westpac has found significant savings can be gained in 10 suburbs bordering the city’s most
Read MoreGood News for Australia’s Property Markets
September 10th, 2013Regardless of who wins the upcoming federal election, there’s plenty of good news for Australia’s property markets. A strong economy – Australia hasn’t experienced a recession in 20 years and another one is unlikely in the near future. The
Read MoreHousing Demand Increases but Prices Have Yet to Peak
September 9th, 2013Thanks to low interest rates, housing demand in Australia is increasing, but prices have yet to reach their peak. In 2001, the RBA cut interest rates and house prices skyrocketed, making housing unaffordable. Even with lower interest rates today a
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