Anyone who has been in the property investment sector for a while knows all too well that it takes a long time to understand its golden rules. If only we all understood them when we were in our 20s, instead of many years later. Of course, these days, there are a plethora of books, blogs…
For many coming out of Lockdowns around the country, who wouldn’t be attracted to the sun, sand and surf that is the Queensland coast? I know many seaside locations that are fast becoming the destination of choice for many. You only need to pick up a paper or check a property market headline to see…
The world of real estate investment has changed significantly over the years. Two decades ago, most buyers still had to read about listings in the newspaper or see them in an agent’s window. Then technology changed everything, with properties for sale found on specialist real estate websites, which meant buyers from everywhere could consider adding…
New ABS Lending Indicators data released today shows new home lending rose in August, despite the fact that Melbourne, the country’s second largest property market is in lockdown. The value of new home lending increased by 12.6% in August, following an 8.8% rise in July based on seasonally adjusted figures. This has been the largest…
Australia’s banks have continued to cut home loan rates for new customers, despite no RBA cash rate move in the last six months. Ahead of tomorrow’s RBA board meeting, RateCity.com.au has analysed how much home rates have dropped since the last cut. The Reserve Bank last lowered the cash rate on March 19, down to…
Doesn’t it seem like there are more home loans on the market now than ever before? Well, that’s because there are! Let’s face it: first-tier lenders like the Big Four and second-tier banks such as credit unions are locked in a battle for your business. The hard part, of course, is determining which is the…
Interesting how the talk about us falling over the fiscal cliff in September has disappeared. But now some property pessimists are suggesting we have just kicked the can down the road and mortgage stress is going to hit hard next year. That’s because many banks have granted temporary relief to borrowers impacted by COVID-19, allowing them…
How are your money habits? Have you become more cautious with your money this year? A new survey from RateCity.com.au has revealed 42 per cent of Australians believe COVID-19 has made them more proactive about how they manage their money. I’m surprised this figure isn’t higher! However, young Australians in particular are taking the bull…
The Melbourne property market has suffered more than any other market from Covid -19. Having endured a prolonged lockdown, many are wondering what’s ahead for Melbourne real estate. Well property expert Pete Wargent recently reassured those interested in Melbourne suggesting now is a great time for for prospective homebuyers in Melbourne to prepare to buy….
Melbourne businesses are twice as optimistic as they were a month ago when it comes to what they think the Victorian and Federal Government economies will look like in 12 months. According to the September Sensis Business Index, 35% of Melbourne businesses believe the Victorian economy will be better in a year compared with 17%…
