Record-low interest rates are helping drive strong buyer interest and surging prices in many property markets throughout Australia. The share of income that households are devoting to mortgage repayments […]
New home sales jump 91.8% in December
The federal government’s HomeBuilder grant has led to the largest number of new home sales in two decades, according to new data. The Housing Industry Association (HIA) has reported […]
Big fall in the number of for-sale properties
If you’re in the market and you’re struggling to find property, there’s a good reason – the number of homes listed for sale had an unexpectedly large fall in December. […]
Australia’s mortgage market has been getting safer
Banks have raised their lending standards over the past decade or so, by reducing their volume of low-deposit and interest-only loans. The share of home loans with a loan-to-value […]
New law gives consumers another reason to use brokers
Great news for anyone planning to take out a home loan – new legislation means consumers are even better protected when they use a mortgage broker. The Best Interests […]
Real estate values keep rising, despite pandemic
Median price growth for the month of November ranged from 0.4% in Sydney to 1.9% in Darwin and Canberra. Over the year to November, prices grew in all capitals […]
Govt extends HomeBuilder by 3 months
Good news for existing home owners and people planning to enter the market – the government has extended the HomeBuilder scheme. HomeBuilder provides financial support to owner-occupiers who want […]
Rents surge in Perth, Darwin, Canberra and Adelaide
It’s been a mixed picture for property investors this year, with houses outperforming units and smaller capitals outperforming larger cities. Across Australia, median house rents increased 3.2% in the […]
Australia snatches property crown from the US
You know how real estate is Australia’s national sport? Well, here’s some data that proves it. Australia has overtaken America as the country building the biggest houses in the […]
Wondering how much first home buyers near you are paying?
In just a few seconds, you can find out some data about first home buyers in your suburb. Click this link, type in a postcode and you’ll discover the […]