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Our property markets keep bounding along with the five capital city index increasing 0.6% over the last week alone. Over the past three months, property values have increased 6.9% in our major capital cities, yet we are just over a third of the way through the year. Although our auction markets reported more boomtime results…
It was widely expected that last year’s lockdowns, social distancing, and working from home rules would motivate many people to seek refuge in clean, green, covid free and more affordable regional areas. The latest housing market figures from CoreLogic (for March 2021) however, show that this exodus has not occurred. For the first time in…
Have you ever considered that buying in a strong school catchment will increase the value of your home or investment property substantially faster? I know I have been speaking about it for many years! But being a numbers person to make my decision I had never see it put so clearly – in black and…
![Brisbane Housing Market Update [video] | May 2021](https://cdn.statically.io/img/cdn.propertyupdate.com.au/wp-content/uploads/2020/01/brisbane-270x200.jpg?quality=70&f=auto)
Brisbane housing markets continued their upswing with housing values rising a further 1.7% in April to be 8.3% higher over the past twelve months. In line with the national trend, house values have been rising at a much faster pace than units, up 9.6% over the past year compared with a 2.4% lift in unit…
Are you looking to buy a new home or investment property? Well, don’t make the same mistake many buyers do and overlook identifying hidden problems that you may overlook in your excitement. I remember reading a survey by St.George Bank a few years ago that showed the average Australian home buyer spends more than seven…
When a tenant signs a rental agreement, they are ultimately agreeing to the ‘house rules’. But, what happens when they break the ‘house rules’ and how does it impact your insurance? It is a situation no agent or landlord wants to deal with, but it is something many do face. If a tenant breaches their…
Our property markets have been surging this year with double-digit growth insight for all our capital cities. And now that more Australians feel secure about our economy in general, and their jobs in particular, this will only place more impetus under our markets. I recently heard someone suggest our housing markets are on a Mexican…
Australia has enjoyed a record-breaking surge in house prices with the steepest increase in almost 18 years recorded in the first quarter of 2021 alone. But a new REA Insights report reveals that despite the climbing prices, it’s still cheaper to buy than rent in nearly 57% of all the properties across Australia. The results,…
Wondering what will happen to the Melbourne property market this year? Are you wondering what will happen to the Melbourne property market this year? Well… based on how the market has been performing so far it’s likely that will see double-digit Melbourne house price growth in 2021, with most segments exhibiting strong price appreciation other…
Play this important message from Michael Yardney Are you wondering what will happen to the Sydney property market this year? Well… Sydney property prices rose by 6.3% in the last quarter and Sydney’s auction market remains strong clearing well over 90% of auctions in many parts of the city. A recent report from ANZ Bank…
