Could the ongoing wave of Chinese investment in the local property market actually be of benefit to affordability for Australian homebuyers? This week in our property market wrap we look at foreign investment in Australia. We also discuss the latest development push into Fishermans Bend and how Port Phillip Housing Trust will benefit. ...
The screws are being turned more tightly by the banks as they respond to APRA’s “10% growth hurdles” for investment loans. Martin North of Digital Finance Analytics looks at investment lending tightening and the loan-to-value ratios for Westpac and ANZ banks. ...
The median Sydney asking price for a house has now reached above $1,120,000. So why are potential vendors in Sydney and Melbourne holding back on selling their properties? Louis Christopher of SQM Research reports on Australia's national property sale listings and asking prices. ...
Is buying property in Melbourne still a "safe bet"? In this weeks market wrap Peter Sarmas talks about the current state of the heated real estate market and inflated property prices. He also discusses the economic crisis in Greece and Australia's economic outlook for the next twelve months. ...
Victoria's housing market has broken another record, with the highest number of auction sales over any six-month period in Melbourne’s history. This week in our property market wrap we find out what has driven the big growth in property sales and we discuss the problem of managing the contaminated flood waters that our cities generate. ...
More than 7,300 dwellings of four or more stories were approved in May- which is unprecedented in Australia. Pete Wargent analyses the ABS Building Approvals figures and reports on the remarkable affect low interest rates are having on residential housing and construction. ...