Investors …waiting and watching!
It’d seem the stars are aligned: low rates, population growth, low vacancy rates, strong rental market and a shortage of housing in the majority of capital cities.
Since late 2008, the number of loans to first home buyers has outweighed substantially those to existing owner-occupiers and investors as first-time buyers rush to take advantage of the [...]
House price rise bucks a global trend
The value of Aussie homes increased in the first quarter, bucking a global trend downwards, according to a recently issued report.
House and flat prices in Australia increased in value by 1.6% in the first three months of the year, helped by a scarcity of supply, lower interest rates and incentives to first-home buyers.
The slight recovery [...]
Renters, start your buying …NOW!!
Increasing rents boosted the housing component of the Consumer Price Index (CPI) by 0.9 per cent for the quarter and the overall annual increase to 5.5 per cent, that’s according to Australian Bureau of Statistics figures released this week.
The CEO of Real Estate Institute of Australia has said, “The majority of this increase in the [...]
Top growth performing suburbs …get in on the action!!
The rich list has been announced and the top performers for both houses and units were areas of NSW.
RP Data released its top price growth suburbs, recording the greatest increase in median house and unit prices during the 12 months to December 2008.
North Sydney suburbs were the standout performers for both houses and units with [...]
Cheap inner-city living …but where you ask!!??
It’s well known, buying properties within 10km of capital cities is generally a good investment, but where ARE the most affordable areas?
There’s some suburbs within 5km of capital city centres where the median unit price is $200,000 and the gross rental yield 5.33%?
You really don’t have to buy far from the city centre to [...]