Property market news

Melbourne listings skyrocket as restrictions ease

The number of properties coming onto the market in Melbourne has soared to its highest level since March, skyrocketing by 330% since private inspections resumed in late September.

By Emma Duffy ● October 22, 2020

Renters vs homeowners: COVID-19 struggles compared

New research paints a stark contrast between how renters and homeowners coped financially during the COVID-19 pandemic.

By William Jolly ● October 21, 2020

NAB and CommBank open up new First Home Loan Deposit spots

Both CommBank and NAB began accepting new requests for the First Home Loan Deposit Scheme today, after its extension was announced earlier in October.

By Harrison Astbury ● October 21, 2020

Will November give us negative interest rates?

Speculation of a 'Melbourne Cup cut' has been rife, with economists predicting a cut down to 0.10%, which could send the overnight rate negative.

By Harrison Astbury ● October 16, 2020

Repayments resume on nearly half of deferred home loans

Data from Australia's largest banks shows a rapid increase in the number of home loan customers who've resumed part or all of their mortgage repayments.

By William Jolly ● October 15, 2020

'Deepest fall': Australia's median weekly unit rent has plummeted $20 since March

Apartment rental prices have experienced their steepest falls in 16 years of data as COVID-19 reduces demand for inner-city units.

By Emma Duffy ● October 15, 2020

Government hangs its hat on immigration to revive property

Figures from the Budget reveal the Government expects a 14.3% decline in property tax receipts this financial year, and a rebound of 13.5% in the next year.

By Harrison Astbury ● October 08, 2020

Banks hit harder by disproportionate 90% LVR loan deferrals

Data released from the prudential regulator reveals 90%+ LVR home loans made up 9% of all mortgage deferrals, despite making up just 5% of the overall market.

By Harrison Astbury ● October 01, 2020

First home buyers worse off than a year ago despite COVID-19 downturn

New research from Domain reveals first home buyers are taking up to 6.5 years to save for a house deposit, up 2.6% from a year ago.

By Harrison Astbury ● September 24, 2020

Australians lose $300,000 in rental scams during COVID

Australians have lost over $300,000 to rental and accommodation scams this year, with many scammers using tactics related to COVID-19.

By Emma Duffy ● September 21, 2020

Refinance home loans.Rates from 1.99% p.a.

Low-rate car loansRates from 3.97%

Savings ratesof up to 3.50%

Term deposit ratesof up to 1.45%

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Refinance home loans.
Rates from 1.99% p.a.

Low-rate car loans
Rates from 3.97%

Savings rates
of up to 3.50%

Term deposit rates
of up to 1.45%

Let us come to you.
Get Savings in your inbox.