Australian Property Market Update 6 November, 2018 Last Sunday night, the final episode of The Block aired. The winning couple sold their renovated unit for more than $3 million, over a half million above their reserve. Viewing the clip felt a little like going back in time to
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Given that current polling points to a change of Federal government in 2019, it’s timely to consider Labor’s policies and how they may affect property investors.To help separate partisan politics from financial fact, I was recently joined by Julian Cheng, Tax Director of Pitcher Partners
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Australian Property Market Update 2 October, 2018 In this month’s update, I’ll highlight the 5000-year history of interest rates, yesterday’s uneventful RBA monetary policy decision, and seller reticence in light of waning demand.But first, here are the latest property market stats…The Auction MarketThanks to the AFL and NRL Grand
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No, I’m not talking about the advertising jingle of the major supermarket chain, Coles. I’m referencing the latest trend as outlined in Core Logic’s August data series for Aussie residential real estate.
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There seems to be a misconception that lenders offer the same products, policies and their overall lending capacities don’t vary enough to make a difference on a home loan application. This is not the case and the reason why many people give up on their
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Australian Property Market Update 4th September, 2018 The Auction MarketSaturday marked the first day of the Spring selling season, but someone apparently forgot to let both the buyers and sellers know. The nationwide preliminary clearance rate of 58.2 percent was essentially on par with (only slightly higher than)
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With the exception of Hobart, where property prices continue on their bull run, elsewhere around Australia, and in Melbourne and Sydney in particular, real estate has an unpleasant stink about it at the moment.Depending on how pessimistic you are, and from where you get your
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Low documentation or Low Doc home loans are becoming a more favourable product amongst self-employed applicants due to the ease and ability to borrow money without the requirement of having to provide company, trust and personal financials. Low doc home loans are available to small
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Australian Property Market Update 7th August, 2018 Housing Supply and DemandOver the past month, the nationwide auction clearance rate has continued to hover around the low-to-mid-50s. These are the lowest consistent results recorded since 2012. The total number of auctions held across the country over the past month
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CoreLogic has released their June 2018 house price data, and the results are underwhelming. Here are the highlights:Australian dwelling values fell for the ninth consecutive monthHouse prices fell in Sydney, Melbourne, Perth and CanberraHouse prices rose in Brisbane, Adelaide, Hobart and DarwinSydney house prices have
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