Property Developer Brisbane

The market recovery in Sydney and Melbourne is concentrated in mid to higher-priced areas Sydney and Melbourne property markets have rebounded at an astonishing rate over the past few months, but price gains have not been uniform.

Another busy auction week for capital cities Australian combined capital cities see the 2nd busiest week all year with 2,571 homes taken to auction.

Beware of the Comparable Market analysis | Jenman Support A CMA is convincing and powerful. It persuades home sellers to be “reasonable” and lower their prices. That’s why CMAs are so popular with agents.

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Number of Aussie properties resold at a loss climbs to six-year high During the first quarter of this year, 12pc of Australian properties were resold at a loss. It is the highest level in six years and another sign of weaker property market conditions.

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Looking to buy? It just got easier to take out a bigger mortgage Australians can now take out bigger mortgages as the prudential regulator has significantly relaxed lending restrictions on banks and other financial institutions.

RBA cuts interest rates to a new low of 1pc The Reserve Bank has made its first back-to-back interest rate cuts since the global economic anxieties of 2012, as it battles to bring down unemployment and boost a faltering domestic economy.

Sydney And Melbourne Housing Values Edge Higher In June, But Values Still Trending Lower On A National Basis The CoreLogic June 2019 home value index results out today showed national dwelling values were down 0.2% over the month, supported by subtle rises in Sydney, Melbourne and Hobart while other capital city home values continued to trend lower over the month.

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