Sydney clearance rate dive: home buyers spooked or setting up for spring?
Auction clearance rates took a dive in Sydney last weekend after remaining unseasonably high throughout the majority of winter.
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Are apartment prices in Melbourne finally going to fall?
Professional opinions are divided over the future of Melbourne’s highly sought-after apartment market after a number of economists offered up their growth predictions for the next 12 months.
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Deposits are a first home buyers biggest hurdle
Saving for a deposit is one of the biggest obstacles first home buyers face when it comes to property ownership, Westpac’s Head of Consumer Banking, George Frazis, has said.
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CommBank slashes fixed home loan rates after posting bumper $9.93 billion profit
After posting a massive full year profit of $9.93 billion, the Commonwealth Bank has today significantly cut rates on it’s fixed home loan package, bringing it in line with other major lenders.
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Housing affordability is changing Aussie culture
For many of us, the Great Australian Dream of owning your home is the reason we get up in the morning, or so we thought.
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Citi to require borrowers fork out 35% deposits in these 87 ‘blacklist’ postcodes
Buying an apartment in certain high-density suburbs in the nation's capital cities could now prove potentially more difficult following reporting from the AFR that a number of postcodes have been placed on a ‘blacklist’ by Citibank.
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Rentvesting turning young Aussies housing market savvy
According to new research from Westpac, rentvesting has become the new trend for young Aussies when it comes to getting into the property market.
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Stamp duty on the rise for Aussie owner-occupiers
It turns out soaring house prices are not the only deterrent to Aussie homebuyers, after industry body HIA revealed that the average stamp duty bill in Australia has risen by 16.4% over the past year.
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Housing affordability crisis reaches new levels in Sydney
Australia’s housing affordability issues worsened over the June quarter thanks to record high house prices and Sydney was hit hardest of all, according to the Housing Industry Association.
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How we saved $7000 year on our home loan
With interest rates on the rise, savvy borrowers willing to look around for a better home loan deal could be saving thousands of dollars every year, as Brisbane homeowner Jessica Steele discovered when she refinanced her mortgage.
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