Melbourne Property Market Update – April 4th, 2015
By Peter Sarmas on 4 Apr 2015
No Comments yet, your thoughts are very welcome
More Aussies Buying For Investment
Australians love bricks and mortar. Not only is home ownership the great Australian dream, but when we have spare cash to invest or have paid off the mortgage and want to put our equity to work, many of us turn again to property, buying for investment. Read the report from REIV.
The Rate Of Population Growth Remains Strong But Continues To Slow
The Australian Bureau of Statistics (ABS) released its demographic data for the September 2014 quarter. The data showed that over the quarter, Australia’s population was recorded at 23.581 million. Read the latest insights into trends taking place across Australia in a report from CoreLogic RP Data.
Are Negative Gearing Days Numbered?
The government’s tax discussion paper calls for debate on negative gearing and capital gains tax (CGT) discounts, which reduce tax liabilities for investors and have been blamed for driving up property prices. Sourceable Industry News analyses what abolishing negative gearing will mean for the real estate investment property market.
Mortgages – The Truth About Households Paying Ahead
Martin North of Digital Finance Analytics reports on mortgages – the truth about households paying ahead. Does the aggregate data as cited by the RBA really show the true state of play? Not all loans have redraw and offset facilities. When interest rates fall, are repayments automatically adjusted? Which households are paying ahead? How far ahead are they?
The Growing Gap Between Wages and House Prices
The growing gap between what Australians earn and what they’re paying for property will become a concern if it continues for much longer. Sourceable Industry News comments on the annual mortgage report from consultancy firm Deloitte.
Australians Choosing to Live in the Clouds
Backyards are being traded in for urban balconies and shared public spaces. Being surrounded by ample amenities also removes the need for extensive travel, with urban dwellers not requiring car storage. City residents are opting for carbon-free bicycle travel or public transport – which is right at their doorstop of course. So just how high are Australian residents planning to live?
