The weak property market has finally turned around?

HOUSE prices in Australia’s capital cities leapt 1.4 per cent in September, suggesting that recent rate cuts by the central bank are buoying the market. The finding in the latest RP Rismark Home Values Index, released on Tuesday 02/10/2012, was the largest monthly increase since March 2010. On a quarterly basis, house prices in the …

Australia property market in capital cities over the next 12 months: the prediction of more than 11,000 Australians

Based on a survey from http://www.smh.com.au closed on 30/08/2012, the outlook for the real estate market towards the next 12 months remains gloomy. More than 11,000 Australians participated the survey. Only 13% of the responded thought the property market will improve over the next 12 months.  On the contrary, 47% of the responded thought the property market will get …

Should I put my money into an offset account or term deposit?

Some of my friends asked me where they should put their money, specifically: 1. the offset account of their PPOR (principal place of residence) home loan or the offset account of their investment property loan? 2. a term deposit or the offset account of their PPOR (principal place of residence) home loan? 3. a term …

1 in 2 of Australia mortgage holders are facing mortgage stress

According to a recent poll on the Sydney Morning Herald, 1 in 2 of Australia mortgage holders are experiencing mortgage stress which means you spend more than 30 per cent of your pre-tax income on your home loan repayments. This ratio is much higher than the reported 3 in 10 mortgagors are facing mortgage stress …

What your house could be worth in three years by 2015?

Wondering  what your house could be worth in 3 years time by 2015? Despite a slight decline in median house prices this financial year, the market is poised to turn around according to BIS Shrapnel. The company today released a report titled Residential Property Prospects, 2012 to 2015. With compounded increases, house prices are expected …

12-month price forecasts for Australia’s capital city housing markets

Do you want to know what the property prices will be in next 12 months? Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Sydney 12-month price forecasts Melbourne 12-month …

12-month price forecasts for Australia’s capital city housing markets – Canberra

Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Canberra: -3% to 0% Relative to the rest of the nation, Canberra’s housing market has displayed resilience, with values …

12-month price forecasts for Australia’s capital city housing markets – Darwin

Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Darwin: 3% to 6% Darwin’s housing market has experienced the heaviest losses in Australia, falling by 15.2 per cent …

12-month price forecasts for Australia’s capital city housing markets – Hobart

Chief Economist at the Macro Investor Leith van Onselen shared his 12-month price forecasts for Australia’s capital city housing markets based on consideration of key price drivers: housing finance; housing supply; affordability; and the macroeconomic outlook. Hobart: -7% to -4% Hobart’s housing market has been one of the weakest performers in the nation, declining by …