Property
A new report has shone a light on the suburbs where hopeful homebuyers have the best chance of securing a home, and those which they are the hardest to get into. But it also warns buying into these easier-to-secure addresses carries risks. New research from SuburbData shows those looking to enter the market close to […]
As Australia’s housing supply crisis drives up rents and new home prices, there are fears that pricey housing costs could keep inflation and interest rates higher for longer. The last inflation data released by the Australian Bureau of Statistics (ABS) on Wednesday showed the Consumer Price Index (CPI) rose 1% during the June quarter, […]
There’s a lot of talk about Australia’s hot property market. Prices in Perth are up 20 per cent in the last year alone. The property market is defying interest rates that have shot upwards at record pace. But one major market is missing out, and it is the city that is, by some measures, Australia’s largest. Melbourne property prices are […]
Pundits are split on whether the market will continue to build on the momentum gained through the start of the year, or whether it will revert back to the more traditionally quiet winter period. The Reserve Bank of Australia (RBA) held the cash rate at 4.35 per cent on Tuesday despite the March quarter consumer price index (CPI), […]
It’s the Sydney home that earnt more than the NRL’s best players. A quaint old shack in Sydney’s north with pink walls and a makeshift roof deck has just made its owners $2.84m in less than 18 months. The owners paid $5.01m for the three-bedroom cottage in Raglan St, Mosman on Sydney’s north shore in […]
There are now “trophy home zones” in the rural outskirts of Greater Western Sydney. They’re the glamorous estates, complete with tennis courts, pools and heli pads, that can be found spread across Greater Western Sydney. You may not have Harbour or beach views, but the amount of space out west is giving cashed up buyers […]
