It has been an exciting past month in the property world, with the housing recovery continuing to gather momentum. In October, all capital cities except Melbourne saw dwelling values increase. If you are new in the property market, considering your next property purchase, or taking the next step in your investment journey, the timing couldn't [...]
At its meeting today, the Reserve Bank of Australia (RBA) announced another cash rate cut to an all-time low of 0.10%. This follows a hold in October at 0.25%. In October, the RBA reiterated a commitment to maintain highly accommodative policy settings as long as required. RBA governor Philip Lowe highlighted the importance of the [...]
Everyone wants a property bargain, right? Well, there's a big difference between a bargain and a home that's just cheap. For example, Andamooka in South Australia was declared Australia's cheapest suburb in 2018 – the average house price is just $34,625. The reason why – the town has a population of just 316 people and [...]
When COVID-19 struck, banks gave eligible customers an option to pause their repayments for six months from March, due to the volatile economic climate. Hundreds of thousands of Aussies took up the offer. Home loan deferrals were due to end in September, but banks announced borrowers who are still experiencing difficulties could apply for further [...]
Spring has officially arrived, which usually marks the start of the busiest time of year for the property market but this year has been like no other. Australia's housing is slowly emerging from its COVID-induced slumber as the spring property market gains momentum. New data shows a clear shift towards increased interest in regional areas [...]
At its meeting today, the Reserve Bank of Australia (RBA) has kept the official cash rate at the historic low of 0.25%. In September, the RBA decided to increase the size of the Team Funding Facility and make it available for longer to help keep interest rates low for borrowers and support the provision of [...]
2020 has been quite an eventful year so far… and unfortunately not for the right reasons. From the bushfires, the COVID-19 pandemic, and now the economic challenges, it's been mentally and emotionally exhausting for many Australians. During challenging times, we all desire for the peace of mind that comes from knowing you, your family and [...]
Experienced property renovators know the key to a successful renovation is to use the space you have wisely. Renovating areas like the kitchen, living room and dining area to create more space and storage can not only make your home more liveable, it may also add value to your property. Here are some renovation and [...]
Interest rates remain at a record low currently, and the property market is expected to heat up as we enter spring despite the economic challenges due to the pandemic. Listings are currently lower compared to last year, which means as a buyer there may be more competition for properties this spring. So, if you are [...]
Spring is here which means we can expect the property market to start becoming more active, as restrictions due to COVID-19 start to ease in some parts of the country. We have entered spring with record low interest rates, which is good news for prospective buyers. If you are in a good financial position, now [...]
