07
Dec
Investor loans near record levels as owner occupiers pull back
Investors have continued to rush back into the red-hot property market with investment loans reaching near-record levels in October. Investment loans have now risen every month for a year, lifting 1.1% during the month to reach $9.73 billion, data by the Australian Bureau of Statistics showed on Thursday. ABS head of finance and wealth, Katherine…..
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03
Dec
How to make an inherited garden your own
When you purchase an established property, you’re not only buying someone else’s home but someone else’s garden, too. Whether the previous owners have left it a catastrophic mess or well-manicured but not your style, there will be work to be done to put your own stamp on it. Making an inherited garden work for you…..
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02
Dec
When interest rates could peak
After eleven years of declining interest rates, the Reserve Bank of Australia has told homeowners to prepare for higher borrowing costs. The big question is once rates do start to rise; how high will they go? Australian households are among the most indebted in the developed world. As of June, total household debt as a…..
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02
Dec
How to save money when moving home
Moving can be expensive, but there are ways to reduce the costs. The biggest way to save money when moving is to do it yourself. But moving an entire home’s worth of furniture and possessions can be a huge undertaking, and it’s not for everyone. It’s physically tiring, you’ll need several people to help you,…..
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01
Dec
Housing values continue to rise in November, but conditions are diversifying as stock levels rise and affordability pressures mount
Australian housing values were 1.3% higher in November marking the 14th consecutive month where CoreLogic’s national home value index recorded positive value growth. The November update takes national housing values 22.2% higher over the past 12 months, adding approximately $126,700 to the median value of an Australian home. Although values are continuing to rise, the…..
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01
Dec
The four most common mistakes first homebuyers make during housing booms
A home is the biggest purchase most people will ever make but few homebuyers get it right the first time. With skyrocketing prices and a shortage of listings putting pressure on buyers to make snap decisions with their purchases, buyer’s agent Michelle May said it was inevitable for buyers to come up short in certain…..
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