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

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. Adelaide: -5% to -2% Adelaide’s housing market has performed surprisingly well, experiencing the lowest decline in values from peak …

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

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. Perth: 2% to 5% Perth’s housing market is likely to be a star performer over the coming year. Although …

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

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. Brisbane: -2% to 2% Brisbane’s recent price performance has been poor, declining by 12.4 per cent (houses) and 10.8 …

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

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. Melbourne: -8% to -5% Melbourne’s recent price performance has been poor, declining by 11.0 per cent (houses) and 7.4 …

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

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: -3% to 1% Relative to the rest of the nation, Sydney’s housing market has displayed resilience, with detached …

Australia property price – A comparison across 2011 and 2012

Wondering where the Australia property market stood in April 2011 & April 2012? This is where the market stood in April 2011, according to RP Data-Rismark’s index of dwelling values (houses & units): Year to April 2011 Median Price Change Sydney 1.2% Melbourne -0.4% Brisbane -6.8% Adelaide -2.1% Perth -7.1% Darwin -7.0% Canberra 0.7% Hobart …

Underquoting in real estate?

The underquoting definition – What is Underquoting in real estate industry? Well, although we often hear or read underquoting, there is no clear definition of underquoting. According to Consumer Affairs Victoria, under-quoting happens if the quoted price is lower than the written estimate of the value of the property provided by the selling agent on the sales documentation before …

Beware if you are capitalising interest on your investment property loans!

Capitalising interest refers to the practice of adding the accrued or accumulated interest to your loan principal instead of them being paid. In capitalising interest, the loan amount continuously increases, and so does the total cost of the loan. Basically, you are paying interest on your interest. As a result, you pay more and more interest …

Do you think NAB will keep the home loan interest rate low?

[poll] National Australia Bank boss Cameron Clyne hasn’t ruled out a hike in his bank’s interest rates, but has pledged to undercut rival when it comes to the pricing of mortgages. Mr Clyne said interest rates “will move around” but NAB will be the best deal of the major banks. NAB currently sells variable mortgages …

Beware of Bankwest – A Message from Unhappy Banking

About 400 angry ex-Bankwest customers say the bank has been colluding with property valuers to force commercial borrowers to default on their loans. The Perth-based bank is facing two potential class actions over the way it re-valued assets and called in the loans of hundreds of its small to medium-sized business clients after a takeover …