Sydney melb

Sydney and Melbourne still booming as spring house prices surge

Robust market conditions continue to drive house price growth in most capital cities with Melbourne and Sydney leading the pack with more boom-time results.  Latest Domain market intelligence reports that the national median house price increased by 3.7 percent over the three months ending November to a new record spring high of $774,799. The national...
city family urban suburb

Year end property market review – Part 2 The Impact of Population Growth

In this 4 part series we look at the housing market conditions and key economic factors driving housing market conditions across Australia. The current growth phase for capital city home values commenced in June 2012, almost four and a half years ago, and since that time capital city home values have increased by 42.0%. To...
money savings

How to avoid nasty surprises when refinancing

As switching to a cheaper loan could lead to huge potential savings, it’s not surprising that more and more property investors and homeowners are refinancing. But unless you do your homework, you could find yourself grappling with nasty surprises, including higher fees, tougher terms and new deposit requirements.  According to a representative from Mortgage Choice,...

The final week of auction sees clearance rate remain above 70%

Auction activity continued to ease this week after a surge in auctions over the past four weeks.  The combined capital city clearance rate fell slightly to 70.5 per cent, down from last week’s 71.6 per cent. The number of properties taken to auction this week also fell across the capital cities, with 2,722 reported auctions,...

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