In this week's property market update we find out if home ownership in retirement is over for Australians. We also look at the Digital Finance Analytics report which found a wide geographic spread of suburbs across the country, where people could face financial collapse when interest rates start to rise. ...
Figures released by SQM Research this week have revealed the number of residential vacancies remained steady across the nation, with a vacancy rate of 2.4% posted based on 73,209 vacancies, slightly up from June when vacancies were 72,849. Louis Christopher of SQM Research reports on July national vacancy rates and asking rents. ...
Are you living in a million dollar suburb? Over the past twelve months 437 suburbs have joined the CoreLogic RP Data 'Million Dollar Club', each suburb recording a median value of $1 million or greater. To be eligible for ranking as a million-dollar-suburb, each suburb had to achieve a minimum of 10 sales over the past year. ...
Will the Chinese currency devaluation spell higher property prices for Melbourne? This week China shocked the world and devalued their currency by 2 per cent in an effort to stimulate their ailing economy. Peter Sarmas discusses the potential impact of this decision on Australia’s property market. ...
In this week's property market update we look at the ASIC's case against certain companies associated with a Perth-based property developer that claimed consumers could buy an investment property from “just $59 per week”. We also cover other top property and financial news stories of the week. ...
Can home ownership be more affordable for Australians?
Philip Lowe, Deputy Governor RBA gave an address to the 54th Shann Memorial Lecture. In it he discussed the growth in land and property values and some important implications. ...