Category Archives: Land Value
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
House Prices in Australia – Speech by RBA Governor Glenn Stevens
This is an edited version of a speech given by Reserve Bank Governor Glenn Stevens at the Annika Foundation Luncheon on July 24. Scaled to measures of income, Australian dwelling prices on a national basis have in fact declined and … Continue reading
Port Douglas Auction Action – Easter Saturday 7th April 2012
Year off to positive start for residential real estate with dwelling approvals up
Century 21, the largest real estate organisation in the Asia Pacific region, believes that the uplift in dwelling approvals recorded in November 2011 is welcome news for the Australian property market leading into 2012. “According to data released by the … Continue reading
Homes More Affordable Now
Housing has become a lot more affordable over the past year, due to a drop in home prices combined with lower home loan rates and higher incomes, according to property analysis provider RP Data. Based on around 285,000 sales over … Continue reading
We love our castles—Australian homes remain the biggest globally
The great Australian dream of home ownership is constantly evolving. Both our houses and lot sizes are generally decreasing in size, with kitchens growing in importance and outdoor living becoming more prominent for many. We’ve also seen … Continue reading
Renters paying a greater share of their take home income for housing than those with a mortgage
In this week’s RP Data Property Pulse, Cameron Kusher takes a look at the costs associated with housing based on the latest ABS 2009/10 financial year Housing & Occupancy Costs Survey results. According to Mr Kusher, one of the most … Continue reading
Nearly half of Aussie Properties Double in Value
New research from RP Data has found that 45% of Australian properties are worth at least double their original purchase price – and less than 4% are in negative equity. The research firm’s latest Property Equity report has revealed that … Continue reading
SMSF changes could impact rental market
Changes to regulations surrounding self-managed super funds could ultimately impact on rental affordability, it has been claimed. The ATO has released a draft ruling opening up the use of SMSFs for renovations on existing properties. Previous ATO regulations restricted … Continue reading
Gen Ys will lead housing revival
The Australian housing market has a bright future, and Gen Ys will be the ones to lead it there, a social demographer has claimed. In spite of growing pessimism surrounding the economy, KPMG partner Bernard Salt has told Australian BrokerNews … Continue reading
