Major funding to boost infrastructure in Western Australia
As interest rates rise, the strong economic conditions and housing market affordability keep the housing demand strong. Western Australia’s 2022-23 State Budget was released, and it includes more than $10 billion in funding for projects across the roads, ports and transport sectors. – $1 billion funding for METRONET projects – $5.6 billion for regional road […]
National housing construction costs explode & low stocks continue
Supply chain disruptions, shortage of construction materials and continued rise in demand for new builds caused a spike in construction costs.
What does the Albanese government have in store for the property industry?
What does the Albanese government have in store for the property industry? The Labor party, the winner of the 2022 Federal election, campaigned on a ticket addressing the rising cost of living, which included a housing policy that proposed the government sharing up to 40% of the property price with first homebuyers. Tim Lawless, Research […]
Tips to Sell Your Property in Autumn
Traditionally, the so-called best time to put your property on the market is during the spring, from September to November. However, you can’t always base the best time to sell on seasons or time of year. Autumn can also be a great time to sell your home or investment property because: There is less competition […]
What is the Property Market Trend For 2022?
Last year, the property market had values increasing in around 98% of locations all over Australia. Many rose by over 20%. This is somewhat unusual. This 2022, we’ll be experiencing more “normal” property values- they will be very segmented. This means that some property values will continue to increase enormously, others will increase moderately, some […]
Property Investment in Rutherford, NSW
Median house price: $579,500 (February 28, 2022)Median house rental value: $460 PW (November 9, 2021)Transport: car, train, busPopulation: 11,884 (2016)State: New South WalesLocation: 170km from Sydney Central Business District Rutherford is a hub of commercial activity located just 170 km north of the Sydney Central Business District. The suburb is fantastic for growing families with […]
Effects of flooding on QLD property market
Torrential rains recently hit southeast Queensland, resulting in widespread flooding. For the second time in just over a decade, Brisbane’s flood-prone zones were covered entirely in water. This sparked many prospective buyers’ fears about purchasing properties in the area. Though the market will face a hit in sale prices for properties affected by the flood, […]
How to find the right location for your investment property?
Real estate booms don’t happen too often. If you want to be successful in your property investment endeavour, perhaps it is best to concentrate on finding the right location for your investment property. Location is arguably the most critical factor to real estate success. Once you find the right property situated in the perfect location, […]
Brisbane, QLD Property Market Forecast for 2022
ForecastThis new year, Brisbane is finally ready to realize its destiny. As we know, Brisbane’s property market had always been predicted to boom. However, some people had lost faith due to the slow and steady home price growth instead of the expected explosion. Perhaps Queensland was getting started then and is now ready to soar […]
Important terms in Investment Properties
Wish to understand the meaning of investment property-related jargon Read along. EquityIn investment property, equity is the difference between your mortgage and your property’s value. It is the difference between the value of your home and how much you owe on it. For instance, if your home is worth $450,000 and you owe $100,000, you […]