Property Investment News

    Webinar

    NT Labor spruiks first home-owners' grant

    Posted by Real Estate Investar on Wed, Aug 24, '16

    Territorians looking to buy an existing property as their first home will be eligible for a $24,000 grant from September 1 if Labor wins Saturday's election, Labor promises.

    Opposition Leader Michael Gunner on Tuesday said the grant would apply to properties worth up to $650,000, while people buying a newly constructed home would still be eligible for a $26,000 grant.

    Read More

    Topics: home loans

    Home price rises drive by fewer buyers

    Posted by Real Estate Investar on Mon, Aug 22, '16

    Fewer properties being auctioned, higher clearances rates and rising prices. It's a familiar story but one that has put the market into a vulnerable position.

    Early results from the weekly count by housing market analysts CoreLogic shows that 76.6 per cent of homes going under the hammer over the week to Sunday were sold.

    Read More

    Topics: housing

    Syndey market lifts home prices

    Posted by Real Estate Investar on Mon, Aug 22, '16

    Housing prices have risen on average across Australia's mainland state capitals, thanks solely to a solid gain in Sydney's market, property market analytics firm Corelogic says.

    Read More

    Topics: housing

    Vic crackdown on property underquoting

    Posted by Real Estate Investar on Mon, Aug 22, '16

    Victorian real estate agents will receive fines of more than $31,000 and face losing their commission in a new crackdown in underquoting.

    New laws introduced in parliament on Thursday will force agents to provide prospective buyers with a comprehensive analysis including three recent comparable sales, an indicative selling price, and the median price for the suburb when listing properties.

    Read More

    Topics: housing

    Housing market simmers

    Posted by Real Estate Investar on Wed, Aug 17, '16

    Falling auction numbers and strong buyer demand have lifted clearance rates to a 14-month high and pushed housing prices higher.

    In the week to Sunday, 77.8 per cent of auctions in Australia's mainland state capitals ended with a sale, the highest clearance rate since June 2015, according to figures from property analytics firm CoreLogic.

    Read More

    Topics: housing

    Personal loans fall 3%, home loans lift

    Posted by Real Estate Investar on Mon, Aug 15, '16

    Housing finance for owner occupiers has risen 1.8 per cent to $20.7 billion, but commercial loans, which include investor housing finance has plummeted 8.7 per cent to $35.59 billion.

    Read More

    Topics: housing

    Housing market heats up

    Posted by Real Estate Investar on Mon, Aug 15, '16

    The clearance rate for housing auctions has hit 14-month high, as average sale prices inch 0.1 per cent higher.

    Read More

    Topics: housing

    House-hunters prefer brothels over pubs

    Posted by Real Estate Investar on Mon, Aug 15, '16

    A nearby noisy pub is a bigger turn-off than a brothel for most Australians when looking to purchase a home, a new survey has found.

    Despite pubs being an iconic part of the Australian landscape, nearly three-quarters of the more than 2000 people who responded to a survey by finder.com.au released on Monday said they would not buy a home if a noisy pub was close by.

    Read More

    Topics: homes

    NSW homeowner grants increase 11 per cent

    Posted by Real Estate Investar on Thu, Aug 11, '16

    New homeowners are on the rise in NSW with latest figures showing an 11 per cent increase in first homeowner grants over the last financial year.

    The NSW government made the announcement on Thursday with Treasurer Gladys Berejiklian attributing the rise to an increase in supply in houses and apartments.

    Read More

    Topics: home loans

    House prices, sales up after rate cut

    Posted by Real Estate Investar on Tue, Aug 9, '16

    House prices edged up in most capital cities and auction clearance rates are approaching housing boom levels, latest figures on the housing market show.

    In the wake of the latest interest rate cut from the Reserve Bank of Australia, prices rose in four of the five mainland state capitals last week, while auction clearance rates in the three major markets were around levels seen in boom conditions a year ago.

    Read More

    Topics: housing

    Capital city housing rents down

    Posted by Real Estate Investar on Tue, Aug 9, '16

    Housing rents have fallen in all Australian capital cities bar Hobart and Melbourne, with the average rent down 0.3 per cent in July and by 0.6 per cent from a year before.

    Read More

    Topics: housing

    Housing affordability increases in Perth

    Posted by Real Estate Investar on Sun, Aug 7, '16

    Housing affordability is improving in Perth, with median house prices decreasing 1.4 per cent in the June quarter.

    The retreat takes Perth's median house price to $522,500 while the median price for units was $406,000 in the same quarter.

    Real Estate Institute of WA president Hayden Groves said that home ownership in WA was still accessible, with transfer duty exemptions for first home buyers.

    Read More

    Topics: housing

    Rate cut warning as house building slows

    Posted by Real Estate Investar on Sun, Aug 7, '16

    Growth in the construction of new housing has slowed, and the failure of the big banks to pass on in full the recent Reserve Bank of Australia interest rate cut will limit potential stimulus for home building, says the Housing Industry Association.

    The Ai Group and the Housing Industry Association on Friday released the Australian Performance of Construction Index for July, which showed that the national construction industry expanded for a second month in a row albeit at a slower rate.

    Read More

    Topics: Interest Rates, Capital Growth

    Housing market strong as July ends

    Posted by Real Estate Investar on Tue, Aug 2, '16

    The housing market has shrugged off rising numbers of homes going under the hammer and has ended July on a strong note.

    Prices in the mainland state capitals rose 0.3 per cent on average last week, led by solid gains in the two major markets of Sydney and Melbourne, according to property market analysis firm CoreLogic on Monday.

    Read More

    Topics: housing

    Tame inflation to push RBA over the line

    Posted by Real Estate Investar on Sun, Jul 31, '16

    Benign price pressures are tipped to push the Reserve Bank to slash the cash rate to a new record low of 1.5 per cent next month.

    Read More

    Topics: inflation

    RBA may cut but don't expect a miracle

    Posted by Real Estate Investar on Sun, Jul 31, '16

    The futures market tells us there's a three-in-five chance the Reserve Bank will shave another sliver off the cash rate next Tuesday after its board gets together for a cup of tea and a chat.

    But it's not clear just what that will achieve.

    Read More

    Topics: Interest Rates

    Inflation figures support August rate cut

    Posted by Real Estate Investar on Thu, Jul 28, '16

    An August interest rate cut looks likely after the price of Australian goods and services rose at its weakest pace in 17 years.

    Economists say the official inflation numbers released on Wednesday, while largely in line with expectations, cement the case for the Reserve Bank to cut the cash rate at its meeting next week.

    Read More

    Topics: Interest Rates

    Morrison won't budge on negative gearing

    Posted by Real Estate Investar on Thu, Jul 28, '16

    Treasurer Scott Morrison is sticking to his guns on housing investment tax concessions, saying making changes to negative gearing like those proposed by Labor would disadvantage middle-class families.

    The treasurer estimates voters split 50/50 on the issue at the July 2 federal election, a result that hasn't persuaded him to change his mind.

    Read More

    Topics: negative gearing

    Inflation at 17-year low, all eyes on RBA

    Posted by Real Estate Investar on Thu, Jul 28, '16

    For people struggling with day-to-day living pressures, news that prices are rising at their slowest rate in 17 years might come as a bit of a shock.

    Whether the Reserve Bank is equally surprised and by enough to cut the official cash rate when its board meets next week is probably a 50/50 call at this stage.

    Read More

    Topics: Interest Rates, rba

    Living near supermarket boosts house price

    Posted by Real Estate Investar on Wed, Jul 27, '16

    Living near a supermarket can help to boost the value of your home by STG22,000 ($A38,749.45) typically, research has found.

    Read More

    Topics: house prices

    REALESTATEINVESTOR-Col-2015.png

    Please Share!

       

    About Us

    Real Estate Investar develop powerful and easy to use tools to help people create wealth through property investment.  

    This property investment news is updated daily to help keep you in the know.

    Thanks for reading!

    Subscribe to Email Updates