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 […]
How to escape the increasingly expensive rental market
With rents climbing steeply in many parts of the country, 2022 might be the ideal time for younger Australians to enter the market. The average rent paid by a […]
What you can do today to prepare for possible rate rises
The Reserve Bank has said it will increase the cash rate at some point. When that happens, banks will almost certainly raise their mortgage rates. So what can you do […]
Home Building Costs Rise 7.3% Year-On-Year
The supply chain shortages that have affected so many industries have hit property as well, with residential construction costs rising at the fastest annual rate since 2005. Home building […]
Home Loan Activity Strong Amidst Buoyant Property Market
Home loan activity is at historically high levels, according to the latest data from the Australian Bureau of Statistics. Australians committed to $31.4 billion of home loans in November, which […]
Five reasons to think about refinancing your home loan
Refinancing is getting a lot of attention right now, as speculation builds about the Reserve Bank increasing the cash rate in 2023 or even 2022. Australian Bureau of Statistics data […]
Australia Goes on a Building Spree
Australian’s built 1.02 million homes between the 2016 and 2021 financial years – a big increase on the long-term average, which has typically involved about 750,000 dwelling completions during each […]
Buyers Snapping Up Properties in a Red-Hot Market
Almost 598,000 residential properties were sold in the year to August, which is the highest number of annual sales since 2004, according to CoreLogic. The August result was 42% […]
ATO Warns Property Investors About Tax Mistakes
The Australian Taxation Office has reminded property investors to beware of common tax traps that can delay refunds or lead to an audit. The most common mistake investors make […]