Should I Buy A House Now Or Wait?

personOtto Dargan access_timeJune 23, 2021

Here are some reasons first home buyers are hesitating to buy a house: Demand for property from home buyers and property investors is high. There is so much competition in the market. Recent figures indicate that investors are making a return to the property market. Australian...

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Best Refinance Rebate Offers In June 2021

personOtto Dargan access_timeJune 18, 2021

Lenders offer refinance rebates as an incentive for borrowers to switch with them for their home loan. The competition among lenders to attract refinancers is high, and so they come up with bigger and better offers every chance they get. Some lenders have a minimum loan...

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Buying An Apartment Vs Buying A House In 2021

personOtto Dargan access_timeJune 17, 2021

The price gap in buying an apartment vs buying a house in Australia has increased more than ever. For months, the property market in Australia has been witnessing a continued spike in demand for houses. The primary factor for the hike is the rise in work from home culture,...

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Where Are The Investment Opportunities In Regional Australia?

personOtto Dargan access_timeJune 2, 2021

In the past six months, the value of investor loans increased by 48.1%, compared with a 29.7% increase for owner-occupier loans. Investors are becoming more active in the property market. In the March 2021 quarter alone, investment lending for houses surged by 28.7%,...

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Property Still Booming, As Values Rise 2.2% In May

personOtto Dargan access_timeJune 2, 2021

CoreLogic data shows that the home value index for May was up 2.2%. The rise in May was stronger than in April, when prices rose by 1.8%. However, the rise is still weaker than the 32-year-high recorded in March 2021, which was 2.8%. The combined capital city home values...

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Cash Rates Unchanged In June: Investors Moving In

personOtto Dargan access_timeJune 2, 2021

The rapid surge in housing prices throughout 2021 hasn’t affected RBA’s stand on the cash rates. The bank held the cash rates at 0.1 per cent in June and is adamant that it will keep the cash rates low until at least 2023. This has helped in creating a property boom...

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Renovation Activity Picks Up The Pace Along With The Rest Of The Property Boom

personOtto Dargan access_timeJune 1, 2021

Australia is undergoing a renovation boom. A record number of people are looking to upgrade their properties with the help of government incentives. Fixer-uppers, and even houses in need of a full rebuild, have been in high demand in the property market across Sydney, Melbourne...

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If Interest Rates Are Rising, Should You Fix Your Loan Now?

personOtto Dargan access_timeMay 31, 2021

In the past few weeks, Australia’s major banks have begun raising their long-term fixed interest rates. Experts predict that interest rates might get adjusted higher in July again. So, as borrowers, it makes perfect sense to ask, “Should I fix my loan now?” With...

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Australians Anxious About Buying A Home

personOtto Dargan access_timeMay 31, 2021

An online bank owned by NAB surveyed 1,031 Australians from 8 to 10 March 2021. The results from the survey revealed Australians want to buy a home, but they needed more information regarding home loans: 44% of non-homeowners are anxious about buying their first home....

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How COVID-19 Has Affected The Regional Property Market

personOtto Dargan access_timeMay 28, 2021

One of the most significant impacts of COVID-19 in Australia has been the ‘working from home’ shift. According to the Household Impacts of COVID-19 Survey in February, 41% of people with a job have worked from home at least once a week in February 2021. Before March 2020,...

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