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How does new home building support affordability?

There has been one question that has risen above all others in the past few months: How does the government and the housing industry make homeownership an affordable dream for all Australians? In the beating heart of the property market, Sydney, buyers will likely be thinking much the same thing. In its April 7 board meeting, the Reserve Bank of … Read more »

Is housing supply meeting population growth?

There has been a fair bit of discussion about housing supply in Sydney in recent months. However, CoreLogic analysts have studied recent figures from the Australian Bureau of Statistics (ABS) and found that the level of building activity and the rate of population growth across the country could be meeting somewhere in the middle.

This is particularly good news for affordability. … Read more »

Is Sydney in a price bubble?

If you’re looking to buy a house or apartment for the first time, it can be hard to ignore the almost-constant commentary on the state of house prices. But are they really as extreme as they have been made out to be? New research from CoreLogic RP suggests not. In fact, figures show that price growth is much slower … Read more »

Real estate crucial to Australian economy

While the headlines may be awash with residential sales figures and sky-high price increases, it also pays to think about what role the real estate sector plays in spurring and supporting economic growth across the country. If a new report from the AEC Group and the Property Council of Australia is anything to go by, real estate could not be … Read more »

Cash rate retained in June

Following on from its groundbreaking decision to cut the official cash rate in May, the Reserve Bank of Australia (RBA) has stood firm on its choice and retained the historic low rate of 2 per cent for another month. However, for those interested in buying a house, RBA Governor Glenn Stevens had some interesting insights into which direction rates … Read more »

Residential sales jump in April

For anyone questioning the strength of the Australian property market, the latest research from the Housing Industry Association (HIA) could give you a concrete answer: Real estate across the country is in hot demand.

The HIA New Home Sales Report for April has revealed that 2015 is on track to post record sales results. HIA Chief Economist Harley Dale pointed … Read more »

3 things every tenant should know

Renting can be an affordable way to live, especially if you’re saving up to buy a house. But when you’re a new addition to the rental market, you might not aware of all the ins and outs of leasing an apartment or house. So what are some important things to know? Here a few tips to tuck away for … Read more »

Consumer confidence soars

Between the Reserve Bank’s decision to cut the official cash rate down by 25 basis points and the release of the 2015-2016 federal budget, there has been a lot said in the real estate sector in the past few weeks. These two events also look to have given households across the country something to smile about, with a new survey showing that … Read more »

How to sell at auction: Setting a reserve price

Whether it is an investment property you have renovated, or a long-standing family home, the sales process can be a particularly stressful period of your life. One of the methods that is growing in popularity is selling by auction.

However, before you commit to selling your house in this way there are a number of things to think about – the … Read more »

Time to snap up a new property in Sydney?

As any seasoned investor will no doubt know, one of the first decisions to make when buying Sydney real estate is whether to opt for a new or existing property.

Each comes with its own set of merits, so it largely depends on what you want to achieve from your investment, as well as what long-term goals you have in mind.

If … Read more »