The big four banks have forecast that the Reserve Bank will begin lifting official interest rates from June. If and when that happens, lenders will almost certainly increase their home […]
Month: May 2022
Median repayment buffers double from 10-21 months
Most mortgage holders will be able to cope if and when interest rates start rising. That’s one of the findings from the Reserve Bank of Australia’s (RBA) latest half-yearly […]
Supply chain issues trigger sharp rise in homebuilding costs
National residential construction costs increased 9.0% over the 12 months to March 2022, according to CoreLogic’s Cordell Construction Cost Index. That was the highest annual growth rate on record […]
More buyers now eligible for federal housing incentives
The federal government has expanded its support to first home buyers and single parents, and has also released a new program for regional buyers. The First Home Loan Deposit […]
More and more Australians choosing brokers over banks
Mortgage brokers were responsible for 66.5% of all new home loans in the December quarter, according to the latest data from research group Comparator. That is not only a […]
Why your student loan can make it harder to get a home loan
When it comes to classifying debt as either ‘good’ or ‘bad’, borrowing to fund your education or buy a property are generally regarded as good debt, because both tend to […]
Price gap between houses and units hit record levels
Buying a typical house will now cost you almost 30% more than buying the typical unit. CoreLogic has reported that, at the end of February, Australia’s median house price […]
Property investor activity grows 67.8% year-on-year
The official data confirms what you might’ve heard anecdotally – property investors are very active right now. Property investors took out $33.7 billion of home loans in January, according […]
Property prices growing at various rates across the country
Australia’s property market enjoyed extraordinary growth during 2021, but a city-by-city breakdown shows that different markets are at different stages of their cycle. Looking at a basket of all Australian […]
Hordes of Aussies building their dream home
There’s a house building boom going on right now, partly because of the now-concluded HomeBuilder incentive and partly because interest rates are so low. Building work started on a […]










