Unit values in more than a dozen Sydney and Melbourne suburbs are on the verge of hitting fresh peaks. This comes as the pace of price increases gathers speed amid low supply and intensifying buyer competition, according to CoreLogic data. Last month, nearly two out of five suburbs nationwide reached new highs in unit values….
Buying a property can be nerve-wracking, especially for first-timers. Besides taking on the biggest financial commitment in your life, there’s the actual mechanics of buying the property. Most of the time in life, if we want to buy something, we just buy it, don’t we? We don’t really need to negotiate on price (well, except…
When selling our home we all want the best price possible, while the buyer is usually after the best deal they can get. However, in the end, most houses sell for what I would call fair market value — the price a willing buyer will pay, and a keen seller will accept, given that neither…
When it comes to investing in property for the first time, you may feel like you’re in over your head. Lacking disposable income and investment know-how, your chances of surviving the property market as you compete with cashed-up investors may seem slim. However, here’s 3 reasons I would suggest you consider investing from a young…
When it comes time to make big financial decisions, research consistently shows that women more frequently hold the purse strings than men. While this is a positive finding, as women tend to make intelligent, thoughtful, informed financial decisions, it also has the potential to drop an anchor in your investment portfolio’s growth. If you’ve ever…
The Real Estate Institute of NSW (REINSW) has uncovered another underhanded plan by the NSW Government to charge property owners more, aiming to offset increasingly “unaffordable” insurance costs. Buried within the Budget’s explanatory notes is a reference to the NSW Revenue Legislation Amendment Bill 2024. This bill outlines the NSW Government’s strategy to shift the…
Housing affordability for home buyers has finally turned a corner with the March quarter of 2024 showing improvement for the first time in three years, according to the latest data from the Real Estate Institute of Australia (REIA). But it’s really a tale of two cities. REIA President, Leanne Pilkington, highlighted that while housing affordability…
Beachside towns in New South Wales and Victoria have seen house prices drop by up to $108,000 in the past year as lockdown-driven demand slows down, according to a recent article from View. Coastal areas in Victoria’s Gippsland and Warrnambool regions have experienced the steepest falls in Australia since May last year. Suburbs such as…
![What your “date’s” coffee order reveals about them [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2017/11/coffee-2538290_1920-270x200.jpg)
Whether it’s chai, iced mocha, or just a latte, apparently the drink your date picks says tons about your potential together. Is there really a strong correlation between drink preferences and personality or is this all just made up? Check out the infographic below, see what you think and leave us a comment. Source: www.match.com ALSO…
Buying your first home has always been one of the highlights of many people’s lives. It’s something that they’ve dreamed about and had to make sacrifices for to make it a reality. The thing is buying your first home is often imbued with emotion, which is understandable, but it’s not necessarily the best thing when…
