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Here’s a summary of the weekly key real estate market stats from RPData. Some things you should keep an eye out for as a property investor include: Capital city home value changes Capital city auction statistics (preliminary) Capital city properties listed for sale Capital city private treaty median prices Daily change in dwelling values across…
It’s been a good year of capital growth across Australia, with almost all of the major country and metropolitan regions recording positive growth in the year to June 2014. As a whole, Australian houses and units have increased 7.09% and 7.70% respectively in the last 12 months.
It was great news to hear that our property markets finished the financial year with values around 10% higher than 12 months ago. But what is behind this strong price growth? Is it ugly greedy property investors? Or is it overseas investors like has been bandied around in the media?
For some sellers, once they have an unconditional contract the temptation of substituting say the Bosch dishwasher for a cheap A-Mart substitute is irresistible. What is your position as a buyer where you find the Seller has treated you in this reprehensible way?
Here’s this week’s RP Data National Auction Comment: A preliminary weighted average clearance rate of 67.3 per cent was recorded this week across capital cities compared to 69.3 per cent last week and 65.3 per cent this time last year.
House prices continue to rise with solid to strong market conditions prevailing in most capitals over June quarter. Australian house prices continued to rise over the June quarter with most capitals reporting higher or similar growth levels than the previous March quarter.
In his regular Switzer column John McGrath gives his thoughts on the debate about whether it is better to rent or buy. Here’s what he had to say: The Reserve Bank recently released a discussion paper that says Australians could be better off renting instead of buying. I’m definitely in the large camp of respected…
The song at this stage of the residential property cycle would normally sound something like this…. ….”higher prices & price growth, coupled with lower rental returns in both Sydney & Melbourne will see more people move interstate to cheaper & sunnier SEQ.”
One of the things you’ll know if you’re a regular listener to the show, is whenever I talk to Michael Yardney or anyone of his team from Metropole Property Strategists, they always talk about finding a property with a twist. Okay, what’s a twist and how do you find it? Well, let’s talk to one…
If you’re a regular reader of my blog, you’d know that each Monday morning I share some inspirational quotes. They’ve become very popular with thousands of readers each week. So here are 12 great vitamins for the mind from two great masters: Jim Rohn and Brian Tracy…
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