Property Investment News, Tips, Tools, Strategies, Experiences, Case Studies, Outlooks
If you are property investors, can you guess which city delivers lowest rental yields? According to the Australian Property Monitors report, houses and units in Australia’s two largest capital cities, Sydney and Melbourne, are offering landlords comparatively low returns as rental markets across the country rebalance. The Australian Property Monitor’s Rental Price Series Quarterly Report shows …
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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 …
Continue reading “The weak property market has finally turned around?”
If you were asked whether you have paid enough tax on your property, you will think you have! However, the NSW government wants you to pay more tax! Every household in Sydney could be hit with a new tax to pay for future housing developments under a government shake-up of planning laws. A review of …
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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 …
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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 …
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Strong property price rise is predicted starting from 2015. Sydney and Melbourne’s housing markets are at least two years away from shifting out of the current trough, but once the momentum starts, the rise will be strong, according to the 28th annual Australian Property Directions Survey. Using the property clock system, whereby 12 noon to …
Property information group RP Data said more Australia homes are now with negative equity which means more and more Australia home owners are facing the situation that the value of their property is less than the outstanding balance on their home loan. New home owners fared the worst in the report with those owning a home between …
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According to the latest home price index from RP Data-Rismark, capital city dwelling values in February 2012 rose by 0.8 per cent, after a 1 per cent fall in January 2012. Home values jumped by 5 per cent in Darwin, 2.2 per cent in Hobart, 1.8 per cent in Melbourne, 1.9 per cent in Canberra, …
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According to realestate.com.au, based on the number of properties listed for sale in a particular suburb combined with the number of visits on the website to homes in that suburb, Sutherland and the northern beaches are where most people in Sydney want to live, with home buyers seeking a mix of lifestyle and infrastructure. The …
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FIRST home buyers jumped on the state government stamp duty sweetener for property priced up to $600,000 when it was first offered in 2004. But based on Sydney’s median price, the return on their investment might not have been as much as they expected. The longest property boom on record – a decade of growth …
Continue reading “Property growth rate in the past eight years to 2011”
Summary Australia capital city home prices fell by four per cent in the year to October 2011. Flat to lower house prices for the next six months or possibly the next 12 months. Australia capital city home prices fell by four per cent in the year to October 2011, after a 0.5 per cent decline …
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Should I invest in apartments OR houses? Is a property’s value is in the land OR a property’s individual characteristics are far more important? In my opinion, the only thing that matters is what type of property will deliver a bigger return on investment in the long term. According to the Real Estate Institute of …
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Stable interest rates and improving economic conditions will drive house prices up by 20% in the next three years, with Perth and Sydney leading the way, a major mortgage insurer says. QBE Lenders’ Mortgage Insurance (QBE LMI), which supports lenders, has forecast price growth of up to 20 per cent in Sydney and Perth by …
The Sydney rental crisis has hit new heights with the number of people looking for properties with rents higher than $400 a week doubling in the past four years, according to an article published by the Sunday Telegraph. This is a bad news for renters while it is a good news for property investors as …
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Overall the Sydney house prices are likely to decline by 0-4 percent in 2011 while the rents are likely to increase by more than 7 percent. Here are some Sydney house prices and rents predictions for 2011. (1) Vacancy rates to remain tight for most of the market and that means at least 7-9 per …
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