Archive for the ‘Property market’ Category

Nearly 60% of Australian renters adversely affected by COVID-19

“The majority of renters in Australia are finding it harder to pay the rent due to COVID-19, a survey conducted by Australia’s leading rental property website Rent.com.au, has revealed.

Almost two-thirds say they would like more support and information from Government, property managers and property owners.

Around the world, communities are impacted … Read More

Renters win as owners face short-stay apocalypse

“The accommodation apocalypse that hit short-stay Airbnb apartment owners and operators in Sydney and Melbourne is leading to an oversupply of long-term rentals, sharply driving down rents.

The sudden halt to international and local travel in March is flooding key inner Sydney and Melbourne markets with an extra 1000 former Airbnb … Read More

COVID_19 Lender Help

The RBA & APRA have worked with lenders to create not just some physical assistance measures, but more importantly, have created an environment where lenders are going to be working with their borrowers to help them through COVID_19 related financial issues without penalising the borrowers for doing so…. Read More

Brisbane market will see rents rise as supply and demand begins to balance out

“Confidence is returning to the Brisbane inner city apartment market as vacancy tightens and developers start planning new projects.

RENTS are expected to rise as the Brisbane inner city apartment market continues to tighten with oversupply hitting its peak four years ago.

According to JLL’s latest 4Q 2019 Residential Apartment Market Report … Read More

Property prices race higher in November

SMSF as an option for investors

“Home prices across the country rose 1.7 per cent in November from October, when they climbed 1.2 per cent, in what was the largest monthly gain since 2003.
Property prices rose at a breakneck pace in November as record-low interest rates and looser lending standards fuelled demand in a sector … Read More