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Where the Biggest Profits Are

Property sale profits are on the increase according to CoreLogic’s latest Pain and Gain Report. In the June quarter of 2024, the median nominal gain from resales increased to $285,000

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Renovation Boom Looms

Aussie homeowners have taken to renovation with a gusto with new analysis showing a significant increase in loans for renovations. The latest mortgage insights report by Money.com.au says renovation loans

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Buyers Get Ahead

A fifth of first home buyers who used the Federal Government’s low deposit loan guarantee to get into the market have already been able to transition out of the scheme.

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Cheaper Fixed Rates

Australia’s key banks have started to reduce their fixed home loan interest rate offerings with some now dropping below 6%. Despite the drops the latest Australian Bureau of Statistics figures

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Rental Growth Eases

Rent growth has started to ease after growing by 39% in the past four years according to new research by CoreLogic. That growth between August 2020 and June 2024 was

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Prime Investment Suburbs

There are 140 prime suburbs that have been identified as ideal for investors with rents high enough to cover mortgage repayments. Analysis by PropTrack says investors are re-entering the market

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Top Sellers’ Market

Sellers continue to hold all the cards in many Australian suburbs with new analysis revealing where vendors are in the box seat. The analysis by APIM shows 23 suburbs with

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FHBs Still Keen

Younger generations have not given up on their homeownership dreams, with research showing Millennials and Gen Z still hope to buy. The research by Ubank shows more than half (56%)

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Building Approvals Strengthen

Building approvals are on the rise with the latest Australian Bureau of Statistics figures showing total approvals are up by 10.4% in July. ABS head of construction statistics Daniel Rossi

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Affordable Deposit Stars

There are plenty of places where buyers can get into the market without requiring a massive deposit, according to the new Canstar Deposit Stars 2024 report. The report, powered by

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Minimum Standards For Rentals

New minimum rental standards have come into effect in Queensland, aiming to provide clearer guidelines on what constitutes a habitable and well-maintained rental property. These standards were first applied to

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Public Spending Strains Economy

A surge in population and public spending is placing significant pressure on Australia’s economy, contributing to inflation concerns that keep the Reserve Bank on high alert. While Treasurer Jim Chalmers

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