New housing loan commitments soar to $22bn
The total value of new loan commitments for housing and the value of owner-occupier home loan commitments each reached record highs in October 2020, according to the ...
HOTSPOTS • Tue, 08 Dec 2020
Auction clearance rates rise to 75% in capital cities
A preliminary auction clearance rate of 75.1 per cent has been recorded over the last week across Australia’s combined capital cities.
Home loan value hits pre-GFC high
Despite COVID-19, the value of new loan commitments for housing grew for the fifth consecutive month and the value of owner-occupier home loan commitments have reached ...
HomeBuilder drives Vic sales to top June 2018 high
The HomeBuilder grant, along with record-low interest rates, drove increasing sales volumes that ultimately resulted in the Victorian housing market recording its highest ...
HOTSPOTS • Mon, 07 Dec 2020
Market entry reaches highest levels since 2009
While housing affordability has generally declined, first home buyers emerged as winners this year, benefiting from cash rate cuts and record-low interest rates.
Post-recession pattern: How prices will rise in the next 5 years
Real estate has proven its resilience once again as prices rise over the year and forecasts point to further strengthening, the Property Investment Professionals of ...
The rent divergence in the big 3 capitals
While most of the smaller capital cities thrived amid the COVID-19 virus, Sydney, Melbourne and Brisbane found themselves with a mixed bag of results.
HOTSPOTS • Fri, 04 Dec 2020
Perth rental market emerges on top
As bigger capital cities’ rents continue to fall, Perth rent values have soared annually, according to CoreLogic.
Secrets to building a $12-million portfolio: Lloyd Edge
Investor Lloyd Edge has successfully built an 18-strong property portfolio with assets spread across three states, now valued at $12 million. How did he make it ...
INVESTOR STRATEGY • Thu, 03 Dec 2020