Category Archives: Real Estate
RBA holds interest rate on Melbourne Cup Day
This is the first time in 6 years that the RBA has not moved interest rates in Australia on Melbourne Cup Day. The Reserve Bank of Australia today decided to hold the official cash rate at 3.25 per cent– a … Continue reading
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
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 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
Property Sales Demystified
Every vendor wants to achieve the best possible price for their property when it goes to market; however the majority remains confused about the best sales technique to get results. There’s a good reason everyone is so confused – there … Continue reading
Capital City Values Rise Again
Dwelling values across capital cities recorded a second month of capital gains in July with dwelling values up by 0.6 per cent over the month following a 1.0 per cent rise in June. The RP Data-Rismark Hedonic Home Value Index … 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
RBA Keeps Interest Rates on Hold
RESERVE BANK OF AUSTRALIA KEEPS THE OFFICIAL CASH RATE ON HOLD The Reserve Bank of Australia today decided to hold the official cash rate at 3.5 per cent for a second consecutive month – a decision that is expected to … 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
