The latest Australian Bureau of Statistics (ABS) lending figures show the value of owner-occupier loans rose 2.9% to $18.9 billion, 21.4% higher than July 2023. And while the value of new owner-occupier first home buyer loans rose just 0.8% in July, this was 19.7% higher than July 2023. This suggests first-time home buyers are still.
Whether you’re buying a strata-titled property for a home, or for investment purposes, they are often an attractive option; generally, they are less expensive than similar sized freehold properties, are often low-maintenance and some communities have some great shared amenities including swimming pools and gyms. Many enjoy these benefits; indeed, according to the Australasian Strata.
A recent report from the Actuaries Institute suggests that 1.6 million Australian households are now experiencing insurance affordability stress, a 30 per cent increase from the previous year. According to the report, Australian households are spending an average of 9.6 weeks of their gross income on home insurance, significantly above the national average. The percentage.
The first ever national survey asking Australians about their experience buying and selling property has found three-quarters of all Australians who bought and sold property in the last year encountered challenges, with property prices, market conditions, and finding a property. The 2024 State of Real Estate Report from prop tech firm InfoTrack shows Australia’s housing.
Whether you’re looking to sell for a change of lifestyle, or considering buying an investment property as part of your investment strategy, spring traditionally has been the time when more properties come to market. CoreLogic’s latest analysis shows an average uplift of 18.2% in fresh listings and 8.3% for sales over the past decade. But.
Insights from CoreLogic’s recent report, – which analyses housing market performance segmented by the number of bedrooms – highlights a growing trend among Australian renters; a shift towards properties with more bedrooms. Potentially reflecting a trend of share houses or multiple family households, the report reveals there is an 8.7% rise in rent for houses.
Selling a home involves more than just listing it on the market; there are many steps in the process which come with financial implications. Whether you are relocating, upgrading, or downsizing, having a clear understanding of selling costs can help you plan better and make informed decisions. Read on to find out what key costs.
Two aspects we’ve always prized ourselves on is our in-depth real estate knowledge and delivering outstanding customer service. As a family run business, we are committed to ensuring we have the right people in our team to deliver this. Which is why we are absolutely delighted to welcome two brilliant new members to our sales.
There’s a new ‘finance provider’ kid on the block! With soaring property prices and stringent lending criteria, finding finance, either through the big banks, or through a broker may be challenging for investors and first-time home buyers alike. This is why Social Funding, a concept developed by the company MyBrix, has been developed. Social Funding.
Many of you know our Manager of our Property Management Team, Kellie Andriessen, who has worked with us for 35 years, constantly goes above and beyond, and delivers an amazing service to our landlords, but now her property management skills and talents have just been recognised at a state level. We are absolutely delighted she.
