‘’The best gift around the Christmas tree is the presence of family, wrapped in love’’. Christmas is all about spending time with our loved ones, family, friends and children. Decorating your home for Christmas is an opportunity to have some fun and a chance to show off your house off a little when your friends…
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Address: 66 Llewellyn St, Oatley Auction: This Saturday 21/09 1 PM! If you know nothing about this property, it’s clear that you have not followed us on social media yet. This property has been featured on every platform we have- both online and offline. Just last week, it was chosen as the House Of The…
RBA Announcement: The RBA has once again decided to keep the Cash Rate on hold this month which enables them a bit more time to assess how the recent rate cuts have influenced the market. Economists are predicting at least 1 more rate cut in future months. This has been reflected in lenders offering historically…
In the wake of slumping demand for apartment building, it’s little wonder the multi-unit housing industry has been eagerly eyeing a possible new residential product: “build-to-rent”. In fact, the latest figures show that apartment-building construction starts were down 36 per cent in 2018 from 2016. But how much will this little-known type of housing solve our housing problems?…
A building boom across major Australian cities is helping to keep a lid on rent increases despite strong population growth, new figures show. But tenants in some capitals still face high costs, with Canberra and Sydney renters slugged well over $500 a week for the average house. “It’s the supply and demand story,” Domain economist…
Renters priced out of buying property have tended to bid aggressively at auctions, which has in part contributed to the recent price boom in Sydney and Melbourne, a Reserve Bank researcher has suggested. While acknowledging that lending standards and interest rates contributed to the boom, modelling from economist Trent Saunders and senior research manager Peter…
REB asked three industry leaders how they anticipated 2019 might pan out — for agents in particular, and the industry in general. Predictions ranged from changes to the agent value proposition and commission cuts to recovering markets and royal commission mop-ups. CEO at Better Homes and Gardens Real Estate Simon Cashman said that the industry is…
Downsizers eager to take advantage of Sydney’s long-term capital growth, along with first home buyers, more rainfall and less banking red tape, are set to underpin property values in regional NSW in 2019, according to one leading network. Executive chairman of Raine & Horne Angus Raine said that it’s a matter of simple economics. “Despite…
Although declines are expected in the holiday period, national listings fell more than anticipated by 9.2 per cent in December 2018 to 328,203, figures released by SQM Research reveal. The research house said that this seasonal decline is typical as vendors withdraw advertising and inspections over Christmas and New Year. However, the declines, especially in…
Property resales in the September quarter last year have accounted for an impressive $14 billion in profits, new data is showing, with Sydney and Melbourne unsurprisingly doing most of the heavy lifting. During the September 2018 quarter, the sheer majority of Australian property resold for a profit at 88.9 per cent, accounting for $14.06 billion in profit, according to…