Tight rentals and record prices collide Renting and buying are both getting harder at the same time – and that tension is shaping decisions across the market. Australia’s national vacancy rate is just 1.2%, according to SQM Research, while the national median property price has climbed to a record $912,000, according to Cotality. Prices are up […]
Tight rentals and record prices collide Read More »
While most property markets tended to favour sellers in 2023 and 2024, they’re likely to favour buyers in 2025
Property market predicted to favour buyers in 2025 Read More »
There was conflicting news for property investors and tenants in the latest rental numbers, pointing to a mixed outlook for the rental market.
Rental market slowing despite rents hitting record high Read More »
Record number of consumers turning to brokers About three-quarters of homebuyers are now using mortgage brokers, according to the latest data from Comparator. In the September quarter, brokers originated a record-high 74.6% of all new home loans, while banks originated a record-low 25.4%. Choice is the number one reason homebuyers prefer brokers – a broker
Record number of consumers turning to brokers Read More »
If you’re a lower-income or middle-income earner, you will soon have a new way to buy a property, after the federal parliament passed legislation for Help to Buy.
Government unveils new assistance scheme for owner-occupiers Read More »
In the year to August, 22% of all enquiries to buy property on realestate.com.au came from buyers based in a different state, compared to 17% in the previous 12-month period.
One in five buyers are purchasing interstate Read More »
Lenders are competing strongly for borrowers, especially those with strong credit profiles. As a result, borrowing activity jumped 18.2% between January 2024 and August 2024, according to the most recent data from the Australian Bureau of Statistics. During that time, owner-occupier borrowing climbed 14.9%, while investor borrowing surged 23.7% and refinancing also increased, rising 1.2%.
Lenders competing strongly for borrowers Read More »
Depending on your financial circumstances, it might be possible to move without selling your existing home if you turned it into an investment property.
Why ‘buy and hold’ can be a lucrative strategy Read More »
Home hunters have considerably more stock to choose from than earlier in the year, putting buyers in a stronger negotiating position.
Good news for buyers with property listings rising 7.9% Read More »
The federal government’s Home Guarantee Scheme (HGS) helped 43,800 buyers enter the market in the 2023-24 financial year, Housing Australia has revealed.
Housing assistance scheme helping tens of thousands of buyers Read More »
Three key trends emerge from the latest home loans data from the ABS
Mortgage activity rising, as borrowers commit to $29bn of home loans Read More »
