Katrina has never sold a property before, so she was unsure what to expect. But with Keny’s honest and direct approach, Katrina became more confident especially when Keny explained the commission and took care of everything without paying any fees upfront.
The Australian Tax Office is ramping up scrutiny of the rental property market in a bid to stamp out rorts, and from next year will begin approaching real estate agents for information, reports The Australian. In one of a series of interviews with The Australian about ATO priorities, tax commissioner Chris Jordan said the ATO will be […]
Working in the real estate industry, John knows the difficulty of selling these properties. He trusted Red Rocket not just because of their personalised service and attention to detail, but he was also given a guaranteed quote for his home which no other agency had for John before.
The long-term rise in Australian house prices since the early 1960s has been the most sustained property market upswing in the world, new research says. Researchers at the Switzerland-based Bank for International Settlements have analysed long-run trends in house prices, finding upswings have been more common than downswings across the 47 countries. “The upswings lasted […]
Investor mortgage lending rose 4.3% in August, higher than the 0.9% rise in owner-occupier loans. ANZ senior economist Daniel Gradwell said the monthly increase in investor lending was the largest since APRA told the biggest banks to limit interest-only lending to 30% of new mortgages. The rise merely offsets the fall in the previous month, […]
Confidence within the property industry has risen to its highest point in four years, according to the ANZ/Property Council Survey for the December quarter. The lift in mood was consistent across states and the industry became more optimistic on the capital growth prospects of all key asset classes. Sentiment strengthened across the mining states and […]
Sydney and Melbourne’s housing markets are performing more strongly than expected partly because of the large number of migrants moving to Australia’s two biggest cities, says ANZ’s Australian chief, Fred Ohlsson. Thousands of new units are set to come onto the market in Sydney and Melbourne, but Ohlsson said demand had been surprisingly resilient in […]
The number of cranes dominating the skyline of capital cities has risen, with a record 685 structures around the country, according to the Rider Levett Bucknall fourth-quarter 2017 RLB Crane Index. With 350 in Sydney, 151 in Melbourne and 116 in Brisbane and the Gold Coast combined, the construction boom does not appear to be […]
Second-tier lenders, including Suncorp, Bank of Queensland and industry super-owned ME, are calling on APRA to revise lending restrictions which are effectively ‘locking in’ the market share of the big four banks and restricting competition. For almost three years, banks have faced a 10% annual growth cap in their housing investor loan portfolios, enforced by […]
The number of first-home buyers using stamp duty concessions has doubled since the Victorian Government introduced the measures on July 1. Data from the State Government also indicates the incentives have been popular in regional centres including Ballarat, Bendigo and Shepparton. The changes mean people buying their first home do not pay any stamp duty […]