The property buying process explained: Your step-by-step guide to finding, inspecting and purchasing a home
Whether you’re buying your first home, upgrading or downsizing, this guide will walk you through the buying process, from research to settlement. This guide is broken into five segments, and if you’re at the later stages of the buying process, you may want to skip ahead: Preparation Finding a property Property inspections Due diligence The […]
RBA reveals March cash rate decision
The RBA has maintained the cash rate at its record-low level of 0.1 per cent. According to PropTrack senior economist Eleanor Creagh, the decision was to be expected. Acknowledging that many have brought forward their expectations for the timing of the first cash rate hike, Ms Creagh highlighted that many people are pointing to the […]
Major banks predict 14% drop in house prices. Are they wrong?
In the past week or so, three of our four major banks have changed their outlook for house prices and are now predicting the biggest housing crash in decades. Will they be right? Economists at Commonwealth Bank and National Australia Bank are forecasting house prices to fall by 10 per cent next year and Westpac […]
5 reasons Queensland first home buyers should consider building
The market may appear daunting, but there are plenty of reasons to get amongst it — not least impressive incentives and the chance to have everything sparkling new. It might seem like it’s a tough time to be a first home buyer in Queensland, with the state of sun and surf proving more popular than […]
Will interest rates rise in 2022?
Chatter about rising interest rates is set to slow property price growth in 2022, although the cash rate is expected to stay on hold until late in the year or 2023, economists say. After years of ultra-low interest rates, slashed to near-zero to support the economy through the pandemic, the next move is likely to […]
How the Brisbane Olympics could cause a high jump for property prices
The Brisbane 2032 Summer Olympics could fuel the biggest real estate renaissance in the city’s history, with industry experts predicting a gilded decade of property price growth that will push the median house price past the million-dollar mark and see key infrastructure suburbs soar. Houses and units in a 10-kilometre radius of the CBD – […]
Housing values end the year 22.1% higher with the pace of gains continuing to soften as multi-speed conditions emerge
Australian housing values were 1.0% higher in December, slowing from a 1.3% rise in November, continuing the softening trend in the monthly growth rate that has been evident since the national index moved through a cyclical high of 2.8% growth in March 2021. As dwelling value appreciation slows, conditions are becoming more diverse amongst the capital […]
How to set up your home for multigenerational living
A rise in multigenerational living driven by the ageing population and deteriorating housing affordability is fuelling demand for large properties, as more buyers seek sizeable homes for extended families. And with societal changes caused by the pandemic accelerating the trend, experts say the need for suitable homes is set to increase. Why live together? Multigenerational […]
Real estate advice: mistakes buyers, sellers should avoid in 2022
Property market across Australia showed their strength this year, as house prices surged amid the adversity caused by Covid. But real estate experts have warned buyers and sellers not to expect history to repeat itself in 2022, with early signs of softening demand. Here are the property mistakes to avoid in the new year. DON’T […]
How to have a home that is both dog-friendly and stylish
Eternally loyal, always keen to please and often hilarious, dogs have brought untold comfort and joy to the lives of Australians during what will be remembered as one of the most challenging times in recent history. It’s no surprise that the demand for pooches has soared during the pandemic, with breeders and animal shelters around […]