Will the Delta-strain destroy the property market? The answer is NO according to the latest ANZ Bank research.Life in Australia is far from the norm, with covid-19 and the new delta-strain continuing to trouble our lives. In spite of this, the property market nationally has witnessed some strong price rises. According to recent studies conducted by ANZ Bank, the property market is likely to continue...
Top tips before applying for a mortgage. Most people need some form of mortgage to purchase a property. In this market insight we outline some helpful tips to better your situation before apply for a loan. It’s essential to obtain a loan pre-approval or gain clear understanding around your borrowing capacity. It will ensure you purchase a property within your affordability. It also helps narrow your...
Top things to do in Thornbury Thornbury is a vibrant suburb that has evolved into one of the most popular locations in Melbourne. If you are a foodie or a social butterfly, you won't be disappointed. Here is a list of things to do, but in no particular order: Welcome to Thornbury If there is anything we can think of when it comes to Thornbury, this always takes top spot. For the foodies, you have so many...
Owning property requires a big commitment. One of the key contributors to reaching financial independence is through owning property. In recent decades, many people have found pricing affordability difficult. As prices increase, its obvious than many Australians will continue to find this worse over time. There are many ways to increase your ability to afford a home, but many...
Property investors are in the market. In late 2020, the property market was heavily driven by the demand of first home buyers and later owner occupiers. Many taking advantage of the one-off government grants such as the HomeBuilder package. According to the Australian Bureau of Statistics (ABS) the property market has seen a spike in investors. For five consecutive months to June 2021 first...
Demand is outstripping supply. This continuing trend is seeing more buyers in the market than vendors wanting to sell. Many property opportunities are being sold before the officially go to market, while many land estates receiving thousands of subscribers when they are only releasing 10-25 allotments. When demand outweighs supply, it places upward pressures on prices. According to CoreLogic, between...
Tips for creating a study nook in an apartment. The popularity to live in an apartment has continued over the last decade. Many people have chosen to occupy an apartment for its low maintenance, security and the fact they are generally very well located. In the wake of the global pandemic, many have adapted to living and working from home. We anticipate this trend to continue for the foreseeable future....
Buying a property can be cheaper to renting. This is a topic raised by many people given the fact interest rates are at all time lows. According to recent data collected from CoreLogic identified buying a property can be cheaper than renting for 36.3% of homes across Australia. That equates to over a third of properties. CoreLogic previously completed this analysis in February 2020. It was determined...
Blog Highlights - Mid 2021 Melbourne property demand has overwhelmed the supply since the beginning of 2021, and demand shows no signs of decline even after the expiring of the HomeBuilder package and stamp duty discounts. Over the last six (6) months we have produced nearly 100 blogs/market insights keeping buyers up to date with useful information and trends. In case you missed it, here we summarise...
Latest rent yields and vacancies. For property investors, here is an insightful look at what's happening nationally in the rental market. According to new data from SQM Research, vacancy rates throughout all of the capital cities in Australia from June 2020 to June 2021 fell with the exception on Melbourne. Melbourne's results have obviously been impacted with the various lockdowns that took place...