SQM Research has revealed the national residential rental vacancy rate has recorded a minor decrease over the month from 2.6 per cent in April to 2.5 per cent in May. BUT The largest rental markets of Sydney and Melbourne recorded rises in rental vacancies.  Sydney rose to 4 per cent, making it the highest vacancy…

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A “tree” or “sea” change is the dream of many Australians but often it comes with a big price tag. Hard as it is to believe, you can still buy properties near the beach for “first home buyer” prices, as long as you are prepared to travel outside the major cities in Australia. Realestate.com.au has compiled…

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People selling property in Hobart could be the most likely to make a profit, new research shows. Find out which council region in your city delivered the most reliable gains in 2019. One way to spot a strong local housing market is to check how many properties are reselling at a profit, according to research…

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The rebound in the Australian home auction market continued last week as both the number of auctions and clearances continued to trend higher, according to the latest figures from CoreLogic. Across the combined capital cities, 2,446 homes went to auction, with a preliminary auction clearance rate of 77.7%. That’s up from 1,596 auctions the previous…

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Cheap money also allows people to borrow more with the average home loan in Australia reaching $500,000. Since the Federal election the average new home loan has lifted by around $60,000 or 16 per cent. Rate cuts and increased buyer enthusiasm for property have driven the gains. But with wages growing at a 2.2-2.3 per…

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With Governor Philip Lowe confirming low rates are here to stay. Competition in the home loan market has continued to heat up. There are now over 30 lenders offering variable mortgage rates starting with a “2”. Lowest advertised rates on RateCity.com.au Variable rates Lender Advertised rate Reduce Home Loans 2.69% Well Home Loans 2.72% Homestar Finance…

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Property prices are rising rapidly again in Australia’s two biggest capitals, Sydney and Melbourne, with values up 1.1% and 1.2% respectively, in January. The national rebound continued to start 2020, with the CoreLogic national home value index up by 0.9% in January. That takes the annual growth rate to 4.1%; the fastest pace of growth…

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The bushfire devastation has been incredibly distressing for so many Australians this summer. The emotional and financial scars will be felt for a long time on so many levels. My heart goes out to those rebuilding their lives, homes and businesses. One of the biggest financial hits to these regions will be to the value…

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Looking to buy your first home but don’t know where to start? The key is to make sure the home you buy is the one you can afford. Here are seven steps to take to make sure you’re on the right track: 1. CHECK YOUR CREDIT SCORE AND LOOK AT YOUR CASH FLOW Knowledge is…

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An investigation into the places in Sydney and Melbourne where people hold onto their properties for a long time has given new meaning to the meaning “exclusive suburb”. RiskWise Property Research has found the five suburbs in both capitals where people hang onto their homes for at least 20 years and whether upmarket or The…

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A few years of stellar returns has convinced many people that investing in property is a sure thing....

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How are your parents’ finances?

It’s a funny thing when you realise that your parents are old. It makes you reflect on their...

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Superannuation & Share dive

Every working Australian is invested in the sharemarket… through their superannuation. As global sharemarkets tank and the doomsayers...

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