Latest Property News

  • Australia gone up from 19th to 7th position in Global House Price Index

    Australia has moved up by 12 spots in Global House Price Index with 16.4% growth in house prices just 0.4% ahead of Canada. Last year, Australia placed the 19th spot with 6.1% price growth, last quarter Q1 of 2021 it moved up by 1 spot at 18th position and finally jumped to 7th position in

    October 10, 2021
  • Queensland property market continues to boom

    Queensland has set another record with 60% of its markets are achieving price growth of more than 10% in the past year making the state as one of the nation’s most compelling markets. There are also signs of rising numbers in terms of sales activity across various regions in Queensland. Undoubtedly, the Sunshine Coast remains

    October 10, 2021
  • Save as much as $49,329 in 2 years as Westpac cuts variable rates to 1.99%

    Westpac reduced the introductory rate on one of its variable home loans (Flexi First Option Home Loan) taking the rate down to 1.99% from the previous 2.19%. Although this offer is available on an introductory basic only, customers who switch from the average variable interest rate of 3.16% to this new offer could save as

    October 10, 2021
  • NDIS investors cautioned
    September 28, 2021
  • Australia’s top 10 affordable suburbs to watch if you are looking to buy

    The list of most affordable suburbs in Australia is out! Not only that property prices in these suburbs are competitive but also are relatively close to Central Business Districts. With ultra-low interest rates, you could snap up a bargain from these locations. The Australian housing market experienced substantial growth in the last 12 months as

    September 28, 2021
  • More property investors luring to South-East Queensland

    No doubt, high yields and low rental vacancy rates are making these investors more attracted to south-east Queensland property market. As a result of Covid-19, interstate migration has remarkably increased particularly those people seeking for lifestyle properties across Brisbane, the Sunshine Coast, and the Gold Coast. Not only people are getting attracted to live in

    September 28, 2021
  • Property buyers flocking to Sunshine State while Sydney Apartment market is just starting to recover

    The Housing Industry of Australia (HIA) says Sydney’s apartment market is only just starting to recover after a significant loss in its migration record while Queensland has seen a promising record of its overall property market performance for the first time since 2007 as a result of interstate migrants flocking to the Sunshine State. “It

    September 13, 2021
  • Queensland Government unlocks nearly 50,000 lots to cope population boom

    Queensland’s is drastically undersupplied for housing and construction cannot keep up with interstate migration. While property prices continue to surge across the region, Queensland has unlocked nearly 50,000 lots as part of the state’s Covid economic recovery plan providing more jobs to people and boosting the residential construction industry. These residential lots are located between

    September 13, 2021
  • September 2021: RBA has left interest rates on hold at historic low of 0.10 %

    September 2021 Update – The Reserve Bank of Australia (RBA) has decided to keep the nation’s official cash rate unchanged at 0.10% as the country continues to battle the COVID-19 pandemic. RBA Governor Philip Lowe noted in his monetary statement that the Delta outbreak has impacted large parts of the country and has interrupted the

    September 13, 2021
  • New regional restrictions apply for property investors in NSW

    As of 21 August, investors will no longer allowed to inspect property in NSW’s regional areas under State Government’s new permit system. Investors looking at buying property in regional NSW will have to hang tight, as new permit system is introduced to restrict Sydneysiders crossing into regions. Under the new system, “Any person inspecting real

    August 30, 2021
  • Australia’s house price 18.5% growth in spite of lockdowns

    If you were expecting house prices to fall off as a result of the lockdowns affecting almost every state in Australia, you could be wrong. NAB has predicted that property values will rise by 18.5 per cent in 2021, and this number is not showing any signs of going down in light of the lockdowns.

    August 30, 2021
  • 2032 Olympic driving up price for some Brisbane suburbs

    Economists have predicted some Brisbane suburbs property value to increase more than double leading up to the 2032 Olympics. Inner city and middle ring suburbs are some of the hot spots expected to grow immensely due to major infrastructure spending ahead of the games. Property projections indicate Greater Brisbane set to soar past the million-dollar

    August 30, 2021
  • RBA Interest Rate Update – May 2021

    The official Reserve Bank of Australia (RBA) cash rate has been held at 0.1% for another month, sparking more debate about just how long it can remain so low. What is this mean for property investors and people seeking to invest in property? Watch the video below: 

    May 10, 2021
  • House Lending is up by 50% from Lockdown

    Confidence is back, credit is cheap and people are taking advantage of the current market. The above combined with government handouts have made it an ideal time to get into the market as both an owner occupier and an investor. This is now reflected in the latest numbers on lending which show that housing loans

    February 4, 2021
  • Rents Hit Record Highs

    Not only have Brisbane prices hit record highs, Brisbane rents are also at record high. Property economics is really just based around Supply vs Demand. Brisbane is very much undersupplied at the moment but has a strong demand. Therefore, it is inevitable that rents and prices will have to rise. This doesn’t appear that it

    February 4, 2021
  • Home Builder Grant twice as popular as expected

    The federal government’s Home Builder Grant has turned out to be even more popular than expected. The $25,000 grant was released by Scott Morrison’s Liberal government and was expected to be taken up by 27,000. The current take up has been over 75,000 and will cost over $2 billion. This will support lots of job

    February 4, 2021
  • Brisbane’s median house price hits record high

    As most investors are aware, the Brisbane market is running hot. It is definitely on its next upward trend in its cycle. Results have just been released by the REIQ that the median house price of Brisbane is now at $720,000. Brisbane is an excellent place to be investing because it has been a slow

    February 4, 2021
  • Property Market Round Up

    I think to everyone’s surprise, the Australian property market overall has been doing very well through the virus period of 2020. While most people would have thought property prices would have slumped, prices have actually been booming in certain locations around Australia. Capital cities have all been on the increase except for Melbourne. With the

    January 19, 2021
  • Australia is recovering fast from COVID slowdown

    Australia’s financials have been very well managed by Scott Morrisen and the current Liberal government. For what everyone thought would be a deep and long recession coming into the virus shutdowns has turned out to be pretty smooth sailing and in fact, for many businesses it has actually been a boom period of high growth

    January 19, 2021
  • $80,000 per week residential rent? Really?!

    It has been revealed that a luxurious beach front home on Sunshine beach in QLD has been rented for over $80,000 per week over the Christmas period. This makes it the most expensive know rental in Australia.

    January 19, 2021
  • Banks Offer $4000 Cash Back as Competition Heats Up

    There has never been a better time to review your loans and check your borrowing capacity than now. As directed by the Federal Government, the strict rules around lending are going to ease to help money flow through the economy on Australia’s road to recovery from the COVID19 issues. This means in the past if

    October 21, 2020
  • Interest rates not to rise for at least 3 years – RBA Governor

    The governor of the RBA announced that the RBA would not be raising the cash rate for at least 3 years. “We do not expect to be increasing the cash rate for at least three years,” he advised in a speech dubbed “The Recovery” He is hoping to get inflation back between the RBA guidelines

    October 21, 2020
  • Westpac predicts prices will boom in 2021

    Westpac economists have done a full 180 degree turn and have now anticipated that house prices will boom by over 15% in 2021. After the rough period that the economy has gone through they are anticipating that the low interest rate environment combined with a very strong confidence in the market means that the market

    October 9, 2020
  • Unemployment drops!

    Yes – you did read that correctly! While most Australians could be excused for thinking that the economy is tanking and the sky is going to fall in (because that is what we are led to believe by the press) the real figures show a totally different story. Unemployment in September drop significantly. It dropped

    October 9, 2020
  • Consumer sentiment surges

    While many would think the prospect of further lock downs or a second virus outbreak may create negative sentiment, the latest study by Westpac has found that through the month of September consumer sentiment has soared increasing by nearly 20%. This bring confidence back to a level that is just below pre covid days. This

    October 9, 2020