Property market news

First home buyers don’t care much for the cash rate

Home loan interest rates may be falling to new lows each month (or so it would seem), but this doesn’t seem to always have a positive effect on first homeowner activity, according to new research.

By William Jolly ● October 18, 2019

House price optimism at three-year high

Since beginning the year with record-low expectations, Aussie home sellers are now the most optimistic they’ve been for at least three years, according to survey results.

By William Jolly ● October 09, 2019

Cash rate falls to 0.75%

The Reserve Bank of Australia has cut the official cash rate by 25 basis points to a new low of 0.75% in its October meeting today.

By William Jolly ● October 01, 2019

Australian property lending slows again in August

The rate of lending to property buyers grew by only 0.17% in August, well below the rate of growth seen in July.

By William Jolly ● September 30, 2019

House sales beginning to increase as conditions improve

While housing sales may have slumped during the recent property downturn, recent data shows sales have levelled out thanks to rising home values and low interest rates.

By William Jolly ● September 26, 2019

More Aussies approved for home loans with smaller deposits

The latest banking data shows that there was a rise in the proportion of loans approved with deposits smaller than 20%.

By William Jolly ● September 12, 2019

Consumer sentiment slips 1.7% in September: Westpac

The general consumer mood lapsed slightly into negative territory from August to September by 1.7%, due to continued pressure on family finances.

By William Jolly ● September 11, 2019

Top Australian suburbs for rental yield revealed

New research has highlighted 100 Australian suburbs and towns where property investors could generate higher rental yields, with small Queensland towns dominating the list.

By Dominic Beattie ● September 10, 2019

Cash rate on hold again in September

The official cash rate has been held at 1.00% for the second consecutive month, the Reserve Bank confirms.

By William Jolly ● September 03, 2019

Approvals for new apartments fall to a seven-year low while appetite for established apartments grows

Approvals for new apartments have fallen to a seven-year low, down by 9.7%, as developers hold back applications for new developments at a time of high profile cladding and defect problems.

By Emma Duffy ● September 02, 2019

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