Tag Archives: Australia
Rates On Hold As Spring Property Season Begins – Australia
Century 21, the largest real estate company in the Asia Pacific region, believes that the Reserve Bank of Australia’s decision to keep interest rates on hold this month will encourage prospective buyers to think seriously about making a property purchase … 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
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
No wonder Australian Tourist Towns are Doing it Tough
Australian residents made a record eight million short-term trips overseas in 2011-12, according to the latest figures released today by the Australian Bureau of Statistics (ABS). This is up from 7.4 million trips in 2010-2011, and more than double the … Continue reading
