Interest rates may be rising, but Reserve Bank deputy governor Michele Bullock is confident most borrowers will be able to cope. One reason for her confidence is that “household […]
Month: August 2022
Buying is cheaper than renting for 27% of homes
If you’re wondering whether it’s cheaper to buy or rent, a new report has answered that question. It’s currently cheaper to buy 27% of homes in Australia, according to […]
New housebuilding activity reaches record levels
Despite a few negative headlines about some construction companies experiencing financial difficulties, Australia is actually in the midst of a homebuilding boom. A record 143,037 new house builds were […]
Property investors enjoying strong rental demand
Australia recorded a national vacancy rate of just 1.0% in June, according to SQM Research, which means the rental market is strongly favouring property investors. Over the past 12 […]
ATO warns investors to declare all their income
Attention property investors: the Australian Taxation Office has said it will be paying close attention to your tax returns. The ATO has made it clear investors need to include […]
Listings tipped to surge in winter after falling during election month
The number of property listings has fallen, after only 246,000 homes around Australia were listed for sale in May, according to the most recent monthly data from SQM Research. […]
Government’s Low-Deposit Housing Scheme Expands
From July 1, a total of 32 lenders will offer the federal government’s flagship housing assistance program. Five new lenders have just signed up for the Home Guarantee Scheme […]
Property Values Have Doubled in Seven Years
The combined value of all the residential properties in Australia has passed the $10 trillion mark for the first time. Australia’s pool of homes was worth $10.2 trillion in […]