Australia’s fastest-growing mortgage lender revealed (and it’s not actually a bank)

By | October 14th, 2016|Market Information|

Forget the big four – and all the little banks for that matter. The fastest-growing source of finance for first home buyers in Australia is now… Mum and Dad. That's right – exorbitant house prices combined with super-low interest rates mean that more parents than ever before are refinancing their properties in order to give [...]

Why would you want to buy a new house before you sell your old one?

By | October 7th, 2016|Market Information|

Selling a home can be one of the most stressful things you'll do in your lifetime. As can buying a home. Doing the two together? Surely double the stress. But buying BEFORE you sell? Why would anyone do that to themselves? The key to buying and selling simultaneously – or even buying before you sell [...]

To furnish or not to furnish? That is the question (for landlords)

By | October 5th, 2016|Market Information|

Anyone setting out in property investment will face the question of whether to furnish their properties or keep them empty. A furnished apartment can fetch $50-$100 more a week in rent than its unfurnished counterpart, depending on the location and quality of furnishings. This might seem like quite a good deal for landlords, but some [...]

Record low rates aren’t helping first home buyer confidence

By | September 30th, 2016|Market Information|

When it comes to buying your first home, scraping together enough money to meet your lender's deposit requirements can be a huge achievement, and it's something that increasing numbers of buyers are struggling with. But it turns out that for many, the financial worries don't stop there. A new survey by Mortgage Choice has found [...]

Cost of land soaring across Australian capital cities

By | September 22nd, 2016|Market Information|

It's no secret that inner-city homes are some of the most expensive around, but it's not just the designer taps and famous architects that are pushing prices up. It is in fact the cost of land in capital cities that's driving the biggest price increases, and there's no sign of this slowing, according to the [...]

Waiting for the property bubble to burst? Time to switch to plan B…

By | September 8th, 2016|Market Information|

Oh, the frustrations of being a renter looking on as the capital city property market jumps from one success to another. We've got buyers splashing money around like they just don't know what to do with it - $1.4 mil for an uninhabitable Sydney cottage, anyone? And there probably weren't many renters jumping for joy [...]

Low interest rates to blame for Sydney’s sky-high property prices

By | September 2nd, 2016|Market Information|

Sydney is currently experiencing rapid house price growth and properties are being snapped up at auction faster than you can say ‘sold’. But some economists say that it's all happening too fast, fuelled by national interest rates that are too low for the city's booming economy. Terry Rawnsley, head of economic analysis at consultancy SGS [...]

The Aussie dream has changed

By | August 26th, 2016|Market Information|

Once upon a time, every Australian dreamed of owning a spacious family home with plenty of outdoor space and a big swimming pool. Everyone wanted a big property with all the latest amenities to show off to their friends. It was all about having two stories, four bedrooms, a BBQ area, a well-equipped kitchen, and [...]

Good tenants more important than high rents, say landlords

By | August 19th, 2016|Market Information|

You might think landlords are only in it to get their hands on as much cash as possible, but it turns out money isn't always their top priority, according to a new report. Finding a good tenant is now a higher priority than rental income for over 75% of landlords, and 82% are happy to [...]

First home buyers focus on long-term gains

By | August 12th, 2016|Market Information|

With house prices still on the rise, first home buyers are having to re-assess their priorities. New research has found that lifestyle preferences have taken a back seat to potential for growth. Affordability tops the list of priorities for new buyers, followed by potential price growth. Things like proximity to work, having nearby shops, and [...]

Home renovations on the rise as people choose not to move

By | August 5th, 2016|Market Information|

Any fans of House Rules out there? Do you find your mind wandering as you watch, thinking of all the changes you could make to your own home? Well, it looks like you're not alone. According to data, more and more homeowners are opting to renovate their current homes rather than move to a new [...]

8 things to look for when picking your next investment property

By | July 28th, 2016|Market Information|

The Holy Grail for any property investor is finding a market that is about to surge in value – and securing a property there before it does. Rental income may allow you to hold on to a property for longer, but it's capital growth which will make the biggest difference to your bank balance. The [...]

Apartment market teetering on the edge; interest rate rise enough to push it over

By | July 22nd, 2016|Market Information|

If you live or work in central Sydney, Melbourne or Brisbane, chances are you've noticed a lot more of something dotting the skyline recently: construction cranes. This could be a good thing or a bad thing, depending on your situation. If you're waiting to snap up an apartment at a bargain price then you could [...]

Girl Power is taking over in the Gen Y property market

By | July 15th, 2016|Market Information|

Is it possible that the Spice Girls, with their constant shrieks of 'Girl Power!' and message of independence, could have had a stronger influence than anyone gave them credit for? New data shows that Generation Y women are storming ahead of their male counterparts in the property market. Mortgage settlement figures from ING Direct show [...]

What are our chances of another rate cut today?

By | July 5th, 2016|Market Information|

If there's one thing financial experts love to do, it's speculate. And there's been a whole lot of speculation going on around the Reserve Bank's monthly decision on interest rate levels. With the next meeting coming up today, all kinds of people have been weighing in on the discussion over if and when we'll see [...]