Posts Tagged ‘property’

The NSW government has confirmed that changes to development sunset clauses will be enacted within a matter of weeks.

Off-the-plan apartment buyers are set to receive improved legal protections after the NSW government announced changes to legislation today.

Under the changes, set to be introduced in parliament in the coming weeks, developers … Read More

As Sydney’s property market reels from yet another year-low auction clearance rate, sellers in the city and eastern suburbs clearly have less to worry about.

The higher-density region scored a healthy 75.3 per cent clearance rate at the end of October, topping the rest of the market on Sydney’s biggest spring … Read More

Suburbs set around rivers, beaches and Australia’s most famous harbour have topped a list of growth areas where prices start at $500,000.

Sydney’s Balmain came a close second after North Fremantle in Western Australia with annual growth of 16.3% for three-bedroom units.

Other notable Sydney locales include Pyrmont, Haymarket and Camperdown.

Read the … Read More

Westpac, Commonwealth, ANZ and NAB have announced they are raising their variable mortgage rates on home loans.

So is it time to lock in and fix interest rates on some or all of your mortgage loans?

This is a question many property investors and home owners are asking, so how do you decide what’s … Read More

China is now the biggest economy in the world, with a GDP of 9.24 trillion USD. With 20 million births each year, China gains the entire population of Australia year on year. It’s no wonder China is making waves when it comes to international property investment.

CPS Property Director, Jacob O’Neill, recently attended a … Read More

Queensland has seen a bump in property confidence over the last quarter, jumping another two points to 132 on the confidence index in the latest ANZ/Property survey, two points above the national average and well ahead of the 100 neutral score.

With prices reaching their peak in Sydney and Melbourne, buyers are seeking out a better value proposition … Read More

Are the booming property markets in Melbourne and Sydney beginning to correct?

The last few weeks have seen auction clearance rates drop as low as 71% in Sydney and 73% in Melbourne.

After months of watching clearance rates hover between 80% and 90%, observers have begun to question the direction of our two biggest ‘sellers’ markets’.

Property experts share … Read More

Nila Sweeney at realestate.com.au shares her tips for first time property investors.

Admit it, you’ve been thinking about investing in property.

You’ve read the books, magazines and reports. You’ve been religiously checking realestate.com.au for properties.

Yet when push comes to shove, you get stopped.

You’re not alone. In fact less than 6% of Australians, … Read More

Many investors believe renovation projects are the best way to increase their rental returns. Yet simple DIY improvements can also push up the rent you receive at a fraction of the cost. Industry experts reveal their top tips for higher rental rewards in an article in Smart Property Investment.

1. Scope out … Read More

If you’re looking to buy a property, but are torn between buying a new property off the plan, or a slightly older property read on. Mark Mendel at iBuyNew shares his thoughts on why buying off the plan can be more beneficial in the short and longer term.

1) Stamp Duty Savings

Stamp … Read More