Author: Otto Dargan
Brisbane Is Booming
Australia’s sunshine capital is experiencing a boom right now, with prices growing in all regions in Brisbane in February 2021. According to CoreLogic figures, property prices in all the regions of Brisbane grew in February 2021. The February increase is the steepest rise...
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Australian Property Market Update: January 2021
Australia’s housing market is experiencing a recovery, with home values rising by 0.9% in January 2021. All the capital and regional cities record a rise in their home values, with regional capitals averaging 1.6% growth while capital cities averaged 0.7%. Why...
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What Will Happen To Australia’s Property Market In 2021?
In 2020, overall Australian home values were 3% higher, with regional housing values rising by 6.9% – over three times higher than that of combined capitals. In December, the national home value index rose 1%, which was the third consecutive month-on-month rise in home...
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Australians Are Paying Too Much On Their Home Loan: ACCC
Australians with older home loans are losing thousands of dollars by not checking for better home loan rates. Borrowers are spending far too much repaying their home loans by not seeking a lower interest rate from their exisitng lender or switching to a new lender. You...
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Australian Property Market Update: November 2020
The Australian property market is continuing its recovery, with housing values for November 2020 rising 0.8%. This is on the back of the 0.4% rise in October 2020. Melbourne’s values experienced a 0.7% growth, surpassing the 0.4% and 0.6% growth experienced by...
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Should You Buy A House During A Recession?
Australia is currently in a COVID-19 induced recession. However, this recession is different because: This is a COVID-19 induced recession and not caused by economic downturns. The government implemented lockdowns to control the spread of coronavirus which led to a contraction...
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Victoria Announces Stamp Duty Waivers Plus $6 Billion For Housing
In its 2020-2021 state budget, the Victorian government announced that it will invest $6 billion to build more than 12,000 new social and affordable homes and make housing more accessible and affordable for Victorians. According to the government, the package is Australia’s...
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NSW Stamp Duty Changes: What Are The Benefits?
We have updated information regarding the NSW Stamp Duty reform here. close The New South Wales government is proposing to abolish stamp duty as part of its 2020-21 budget announcement on 17 November 2020. Instead of paying stamp duty upfront,...
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Australian Property Market Update: October 2020
After five months of decline, the national home value index finally moved back to a positive in October 2020. According to CoreLogic, the index shows a rise of 0.4%. Every capital city in Australia, except for Melbourne, recorded a rise in their values over October...
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Australian Property Market Update: September 2020
Falling home values in Sydney and Melbourne pushed the national housing market into its fifth consecutive month of decline. Six of the eight capital cities had a rise in their home values over the month. Only Sydney and Melbourne recorded a decline of 0.3% and 0.9%...
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bookmarkTags: Australian Federal Budget, Australian property, first home buyers