Latest Property News

  • Perth voted as the leading state for housing market confidence in the next 12 months

    The reopening of Western Australia’s borders gave Perth’s property market its second wind last March, as the city saw a boost in monthly growth amid Australia’s slowing pandemic boom. Majority of investors are seeing themselves invest in Perth or Brisbane over the next 12 months, according to a national survey. 40% of investors pointing to

    May 30, 2022
  • Increasing number of renters from overseas could boost property market

    As more people begin to arrive into Australia from overseas, property investors have been watching the market carefully. Since the pandemic period, rental demand has softened in some CBDs with fewer new visitors coming to the country. The pre-COVID rental market was strong by comparison, with Australia seeing some 1.8 million overseas arrivals per month

    May 30, 2022
  • Labor’s shared equity scheme could cut cost of a mortgage by up to $380,000

    Federal Labor has detailed its key housing policy for the election campaign, offering to help 10,000 households a year into home ownership by dramatically cutting the price of a property. With housing affordability a pressing issue this election, Labor came to the table with its shared equity scheme ‘Help to Buy’, where the government could

    May 30, 2022
  • RBA lifts the cash rate for the first time in a decade by 0.25 percentage points

    Finally it happened. After 11 years of no interest rate increases the RBA has finally decided to increase the cash rate by 0.25%. As most analysts would agree, the rate increase has been long overdue. My personal opinion is that it should have increased months ago to try and cool the property market down as

    May 9, 2022
  • April 2022 Market Round-up by Lucas Rogers

    Major flooding, Russian-Ukraine war and no ending cases of Covid, just some of the trending events early this year. In spite all these, don’t let the media feed you with too much negativity and affect your decision to invest in property. Watch the full video from Lucas Rogers.

    April 7, 2022
  • Perth’s housing bust to housing boom

    The Perth housing market is making a comeback after a long and deep decline, and experts say current market indicators could drive healthy price growth – but investors are cautious. Recent CoreLogic report shows Perth’s property market is continuing its steady growth trajectory with home values stepped up 0.3% in February this year. “Perth was

    April 7, 2022
  • 2022 Federal Budget: What’s in the pipeline for home buyers?

    The Morrison government has released its federal budget for the new financial year, including a range of initiatives targeting home ownership and housing affordability. Last year, the federal budget’s focus was on “securing Australia’s recovery,” this year the plan focuses on building the nation’s “stronger future”, as the government highlights the effect of Covid in

    April 7, 2022
  • Melbourne land market heat is dying off

    With Melbourne showcasing one of the least restricted rental markets when it comes to capital cities, the market is showing clear signs of cooling buyer demand, with a noticeable decline in the average number of days rentals are spending online. Sign that the state of the market – as buyer demand slows, this uptick in

    March 17, 2022
  • Price surge continues in 2022 as per CoreLogic’s January report

    CoreLogic’s latest home value data shows property prices has increased by 22.4% over the past year, the biggest increase since June 1989. This has made an average Australian homeowner become $131,236 richer on paper over the past year. Furthermore, this makes Australians one of the wealthiest countries in the world with an average household wealth

    March 17, 2022
  • Australia among top 5 performers globally for House Price Growth

    As we head into 2022, there is an expectation that interest rates are likely to rise around the world in response to recent inflation data. That may be true. However, we do not believe this will be enough to stop the gains – in fact, rising rates may indeed add to further gains (as per

    March 17, 2022
  • The bank will ‘take time’ before raising interest rates

    At its meeting last week, the RBA Board decided to keep the official interest rate on hold at 0.10%, despite inflation rising faster than its expectations. During their monthly meeting last Tuesday, the RBA board also agreed to end its quantitative easing program after its final bond purchases on February 10. RBA Governor Philip Lowe

    February 14, 2022
  • Australia’s homebuyers lending activity remains strong

    The demand for new homes remains strong according to the latest report of ABS on Lending to Households and Businesses data for November 2021. The data also reveals that the value of loans, excluding refinancing, issued for housing towards the end of 2021 was raised. It was indicated the that the value of loans to

    February 14, 2022
  • Brisbane values increase by $444 per day

    In the first month of 2022, Brisbane has again placed itself as the fastest-growing capital city throughout Australia. This is the third month in a row that growth in Brisbane has outpaced the other capital cities around major cities in the country. The housing sector continues to drive this growth, outperforming the unit market month

    February 14, 2022
  • Perth property prices are expected to rise again in 2022

    While the overall Perth property market achieved a healthy 13 per cent increase in 2021, a number of Perth suburbs saw gains of more than 25 per cent over the same period. According to NHFIC (National Housing Finance and Investment Corporation), Perth stands as one of Australia’s more affordable capital cities for first home buyers.

    January 24, 2022
  • Brisbane House Price to hit $1-million before 2032 Olympics

    House price in Brisbane is anticipated to hit the $1-million median before the 2032 Olympics while houses near the venue is tipped to reach $3.9 million. PRD research has projected that median house price by 2033 would reach$1.7 million and could also positively affect prices on the Gold Coast and Sunshine Coast. Looking back at

    January 24, 2022
  • Australian house rentals hit new records high

    New data showing rental houses across Australia’s capital cities have increased by 3.4% over the final quarter of 2021. According to Domain’s latest Quarterly Rent Report, this stark rise equates to a new set of record high prices in Australia. The new record of annual price growth of 7.4% is the biggest yearly increase since

    January 24, 2022
  • Aussies could score a “property bargain” over Christmas

    With new listings rising at a record number, this is a good opportunity to look at buying property before international border reopening in 2022. The national marketplace for buyer’s agent services says there could be a window of opportunity for home buyers and investors to score a “property bargain” over Christmas. It could be their

    December 8, 2021
  • Brisbane house prices projected to catch up Sydney and Melbourne’s price

    Property prices in Brisbane is anticipated to reach Melbourne and Sydney’s regardless of what happens with inflation and interest rates. SQM Research in Christopher’s Housing Boom and Bust Report released four 2022 scenarios resulting in Queensland capital’s skyrocketing prices. Base on the report, Brisbane would record the largest dwelling price rises during 2022, along with

    December 8, 2021
  • High-growth Brisbane suburbs to watch in 2022

    If you were surprised by the property price growth in 2020, 2021 must have you absolutely shocked. REA Group reports, major capital cities in Australia have house prices increased by 22% and is recorded as the third fastest rate in Australian property market history. However, the housing boom is not done yet and is expected

    December 8, 2021
  • Highest quarter of building activity recorded in four decades

    The highest quarter of building activity was recorded in four decades – building activity has surged by 23.2% in the three months to June. Home grants like HomeBuilder stimulus, state-based housing grants and low interest rates have contributed to almost 65,000 dwelling built in three months. Construction on private houses has increased by 13.7% to

    November 23, 2021
  • More tradies moving up Queensland at a record high

    The QBCC (Queensland Building and Construction Commission) has had its highest record in licensee numbers in more than five years from tradies coming from southern states. Data shows, tradies from VIC and NSW are migrating to QLD in record number as skills shortages affect the construction industry. This year, QBCC has approved 821 mutual recognition

    November 23, 2021
  • 13 Brisbane suburbs hit new record $1-million plus median house price

    A total of 13 suburbs are now in Brisbane’s million-dollar-plus club for the 12 months to September. These suburbs are new to the million-dollar list this year, with East Brisbane, Graceville and Carindale among them. Property experts have tipped more Brisbane suburbs will join the club in the coming months off while interstate migration continues

    November 23, 2021
  • Average residential property value is getting close to $1-million

    For the first time on record, average house price in Australia is getting close to $1-million mark. In fact, home buyers are spending about $350,000 more than they did a year ago on the typical home. According to Domain, Australian house prices have experienced the fastest annual rate of growth on record at 21.9% with

    November 7, 2021
  • Queensland population increased by 43,900, Victoria fell by 42,000

    Latest reports show that while Victorian residents have been moving out the state at a rapid rate, Queensland’s interstate migrants however have increased significantly with a growing property market. According to Australian Bureau of Statistics (ABS), Queensland’s estimated resident population has increased by 43,900 over a year to March 2021. Victoria on the other hand,

    November 7, 2021
  • New home builds’ cost will continue to surge until 2022

    With new home sales increased by 5.8% in August, it is anticipated that the home building industry will be strong next year. Lengthy material delays and cost hikes still continue to challenge the construction sector amid pandemic. HIA August home sales data shows Queensland sales have increased to 44.3%, New South Wales gone to 17.9%

    October 27, 2021
  • Double-digit growth in Gold Coast property market

    PRD Real Estate figures has recently revealed a jaw-dropping increase of 20.2% in Gold Coast Metro’s median house prices, while units have increased by 10.2% amid pandemic. Median house prices are now setting at $787,000 while units’ median price at $496,000. The report was based on the first quarter of 2021 as compared to first

    October 27, 2021
This message is only visible to admins.
Problem displaying Facebook posts. Backup cache in use.
Click to show error
Error: The user must be an administrator, editor, or moderator of the page in order to impersonate it. If the page business requires Two Factor Authentication, the user also needs to enable Two Factor Authentication. Type: OAuthException

2 months ago

Federal Labor has detailed its key housing policy for the election campaign, offering to help 10,000 households a year into home ownership by dramatically cutting the price of a property. Labor came to the table with its shared equity scheme, where the government could take up to 40% equity in the home. Check out what Lucas Rogers thought of the new government and the new Shared Equity Scheme also known as "Help to Buy" mean for homebuyers. ... See MoreSee Less
View on Facebook