Apartments fuel surge in building approvals

Despite expectations for a drop, approval for the construction of new dwellings jumped in February, driven by a spike in high rise approvals.

National dwelling values fall 0.6% in March

CoreLogic’s latest home value index results for March 2019 show the national average dwelling value fell by 0.6%, which is actually the smallest month-to-month decline since October 2018.

Land lot prices rising despite shrinking lot sizes

Australia’s median land lot size shrank to from 422 to 420 square metres in 2018, but that didn’t stop the median lot price from rising around the country.

ING makes changes to both fixed and variable home loan rates

One of Australia’s largest retail banks, ING, has lowered interest rates across a number of its owner-occupier and investment home loan products by up to 40 basis points, while raising some interest-only rates for owner-occupiers.