The expectation that increased investor activity in the residential property market would take over as the driver of mortgage demand this year appears to be nothing more than a fond …
Housing market slows
July 1, 2010 By
Real estate market continued to cool in May, after house prices in capital cities recorded their second straight month of single digit growth in May. The RP data-Rismark Hedonic Home Value Index grew by a seasonally adjusted 0.5 per cent in May, up a touch from the 0.2 per cent recorded in April
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Housing market slows
REIQ confirms that Sunshine Coast & Gold Coast no good for investors
June 30, 2010 By
The latest figures from the Real Estate Institute of Queensland have confirmed the status of the Sunshine Coast and the Gold Coast as the worst performers in the state. The REIQ’s figures for the five years to March 2010 show that the Sunshine Coast has recorded the lowest growth in its median house of all the locations covered in the report. The Gold Coast, with just 25% growth in its median house price in five years, is only marginally better than the Sunshine Coast’s 21%.
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REIQ confirms that Sunshine Coast & Gold Coast no good for investors
Strong sales for prime residential sites – Jon Stanhope, MLA
June 29, 2010 By
The sale of four residential and mixed-use sites for $25.17 million today signals the strength of the ACT’s residential property market and will help to tackle housing demand, Chief Minster …
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Strong sales for prime residential sites – Jon Stanhope, MLA
Melbourne’s rental properties are some of the most affordable in Australia
June 29, 2010 By
According to the Real Estate Institute of Australia’s March Housing Affordability Report, Victorian rental houses and apartments are more affordable than most. The affordability of rents is determined by comparing the proportion of family income needed to meet median rental payments. In this year’s March quarter, 22.6 per cent of the average family income was required to meet the cost of a rental home in Victoria
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Melbourne’s rental properties are some of the most affordable in Australia
Melbourne’s rental properties are some of the most affordable in Australia
June 29, 2010 By
According to the Real Estate Institute of Australia’s March Housing Affordability Report, Victorian rental houses and apartments are more affordable than most. The affordability of rents is determined by comparing the proportion of family income needed to meet median rental payments.
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Melbourne’s rental properties are some of the most affordable in Australia
Australia recorded the fourth-largest price increase – by Global Property Guide
June 28, 2010 By
According to the latest Global Property Guide, Australia recorded the fourth-largest price increase during the year to March beating many of the world’s best and biggest cities of 16.6 per cent. Most Asian and Pacific countries also outperformed their European counterparts this year, with Hong Kong, Singapore and Taiwan taking out the top three spots. Britain was ranked 10th, Switzerland three places lower and France 17th
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Australia recorded the fourth-largest price increase – by Global Property Guide
Rental incomes will continue to rise in Australia because of a lack of supply say economists
June 23, 2010 By
Property investments in Australia will continue to generate higher returns say economists. However fewer first time buyers and increasing interest rates will result in slower residential property price growth, as reported in the Residential Property Prospects Report 2010 to 2013 from BIS Shrapnel. Senior project manager Angie Zigomanis said first time buyer activity has dropped after the expiry of the first homeowner’s grant boost at the end of 2009.
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Rental incomes will continue to rise in Australia because of a lack of supply say economists
High Property Prices are beginning to affect Demand
June 15, 2010 By
Melbourne property Market was showing a lot of strength early in the 2010. It was clear that this was not going to be just another year. Rates were at all-time low levels and would-be buyers were back in the market in force, swamping open-for-inspections and snapping up all the properties coming up on to the market. Back then, media reported that home buyers and investors were queuing up just to get in to see the homes for sale, with many properties being seen by dozens of people during the inspections
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High Property Prices are beginning to affect Demand
