Category Archives: Home Ownership
Positive Signs For The Australian Housing Market
Century 21, the largest real estate sales organisation in the Asia Pacific region, believes that a spike in housing approvals over August, falling interest rates and rising capital city dwelling values suggest a housing market recovery may be well underway. … Continue reading
Make Your Garage Work
Do you use your garage to park the car, or as a junk room? Too often the home garage is used for storing household detritus such as discarded toys, tins of paint, old furniture, clothes and documents, barely-used garden tools … Continue reading
First Home Buyers in Queensland benefit from buying off the plan or building
Queensland first home buyers and the construction industry will benefit from the Newman Government’s first State Budget, which more than doubles the grant for new first home buyers. Premier Campbell Newman said first home buyers would receive $15,000 – up … Continue reading
Australians pay off mortgages at record speed
The acting CEO of Westpac, Australia’s biggest bank, has claimed that today’s homeowners are paying off their mortgages at twice the average rate for the past 30 years. Speaking in Canberra at last week’s … Continue reading
Australians love to renovate
Australian spending on renovations hit $31 billion last year. The current economic climate has made Australians hesitant to take on additional debt. Rather than purchasing a new home, people are investing in renovation projects on their current properties. TV shows … Continue reading
Great returns on granny flats – but extra insurance required
Investors are getting returns of 10-16 per cent on the cost of adding granny flats to their existing properties – and increased cash flow courtesy of two lots of rent for the same land. … Continue reading
RBA: the purported Housing Bubble, Australia’s economy and China
The Governor of the Reserve Bank of Australia, Glenn Stevens, recently delivered a speech at a charity luncheon in Sydney that provided some telling commentary for Australian property investors. A highly respected figure that is watched closely by markets due … Continue reading
Rate Hold Will Strengthen Stability Within Housing Market
Century 21 Port Douglas Real Estate, believes that the Reserve Bank of Australia’s decision to keep the official interest rate on hold at 3.5 per cent for a second consecutive month will help to continue to stabilise Australia’s residential property … Continue reading
Rental Listings Increase Annually
According to RP Data’s latest Property Pulse report the total number of rental property listings across Australian capital cities increased 6.8 per cent over the year ending July 8. The ACT saw the biggest percentage increase in new listings, … Continue reading
Right Moment To Take The Leap
Timing isn’t the be-all and end-all of investing. Still, in-depth analysis of the property cycle to identify the best time to buy will boost your chances of buying a property that will outperform the average. In a depressed market, … Continue reading
