First-home buyers have always been a vital cog in the health of any property market, however, claims they are currently struggling to get on the ladder are not supported by official statistics, according to the Property Investment Professionals of Australia. PIPA’s chair Peter Koulizos tells...
When Corina Sell signed the contract to purchase her first property in Melbourne’s Notting Hill shortly after her birthday in 2013, she had no idea the market would reward her so quickly. “I ended up buying a house for $565,000, and at the time I was...
Australia’s property markets are changing, and in most capital cities the long path to purchase has become that little bit shorter. That is great news for first-home buyers faced with the difficult financial hurdle of saving for a deposit. Dr Nicola Powell from Domain identifies...
The first week of April sees a lower volume of auctions held across the combined capital cities. This week 1,978 auctions were held across the combined capital cities, returning a preliminary auction clearance rate of 57.2 per cent. Melbourne was host to 899 auctions this week with...
When done right, property investment can be lucrative and give the investor financial security in the long term. However, there are many reasons why property may not be right for you and these should be carefully considered before making your first investment. Shannon Davis runs...
Flawed thinking – the non-sensical things buyers and sellers think and do when buying or selling property and how it gets in their way of securing a successful outcome is the topic we discuss with Miriam Sandkuhler. Transcripts: Kevin: Investing in property isn't always as easy as...
Highlights from this week: Investment ‘flawed thinking’ Cities with lowest deposit thresholds Tragedy inspires industry support First Home buyer numbers grow Why property might not be right for you Transcripts: Investment ‘flawed thinking’ – Miriam Sandkuhler Kevin: Investing in property isn't always as easy as it looks....
Last week Last week saw 2,164 homes taken to auction across the combined capital cities, returning a final auction clearance rate of 50.9 per cent, unchanged from the previous week when 1,667 auctions were held. Melbourne was the busiest city in terms of auction activity with 978...
We’re back with Nicola McDougall and Kevin Turner as they discuss interesting stories in the real estate industry this week. Our first story tackles a property with an unusual space saving technique. This Melbourne studio apartment can be rented for only $450 a week, but a...