Renovations Boom Under Way
Australia is having its biggest surge in home renovation activity ever, with Commonwealth Bank expecting it to hit overdrive throughout 2021. Over $800 million a month has been approved in [...]
Australia is having its biggest surge in home renovation activity ever, with Commonwealth Bank expecting it to hit overdrive throughout 2021. Over $800 million a month has been approved in [...]
Australia is on the “cusp of a housing boom”, according to the Commonwealth Bank, which has forecast house prices will rise 16% over the next two years. An economics issues [...]
Vacancy rates in our already-tight rental markets fell in six of the capital cities and were unchanged in the other two in January, according to the monthly report from SQM [...]
The big banks claim the planned rollback of responsible lending laws will help customers, saying it will lead to faster loan approvals by cutting the amount of detail consumers must [...]
RBA governor Phillip Lowe has said the Reserve Bank is not responsible for targeting house prices, after questions were raised about the creation of a boom market against the backdrop [...]
Australian capital cities have witnessed the biggest loss of people into the regions on record. The ABS has confirmed the Exodus to Affordable Lifestyle trend with the release of quarterly [...]
House rents rose across most of the capital cities in 2020, headed by double-digit rises in Perth and Darwin. New data from Domain shows that the average result for the [...]
The next several years “will produce the biggest increase in rents that Australia has seen”, according to real estate analyst Simon Pressley. Pressley, Propertyology’s head of research, is forecasting 2021 [...]
The pandemic has accelerated the desire for home-ownership in young people, according to Mortgage Choice research. Nearly 45% of survey respondents are more likely to purchase a home now, with [...]
The many strong property markets around Australia have been uplifted primarily by owner-occupiers, including first-home buyers – but the latest loans data suggests that investors are starting to join the [...]