News

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House Prices Up Thanks to First Home Buyers

Housing demand is being driven by First Home Buyers after low interest rates, tax cuts and post-lockdown living preferences come into play. The latest quarterly report from Domain reports that since the success in...

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RBA Cash Rate Down by 0.15%

The Reserve Bank of Australia has decreased the official cash rate to a historic low of 0.1%. The board has decided on a package of further measures to support job creation and the recovery...

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An Extra $25,000 For Those Looking to Renovate or Build

The Government has rolled out a housing stimulus package aimed at revitalizing property market activity. The $700-million scheme, known as HomeBuilder, provides a $25,000 grant to eligible owner-occupiers substantially renovating or building a new...

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10,000 More First Home Loan Deposit Schemes Available

A further 10,000 First home Buyers will be able to purchase a new home with just 5% deposit thanks to the Federal Government extending the First Home Loan Deposit Scheme. First Home Buyers can...

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Lower Interest Rates Set Stage For First Home Buyers

Recent announcements by the Reserve Bank Of Australia (RBA), has seen interest rates hit a historical low, which appears to be realing Australians back to the property market. Clearance rates in Melbourne and Sydney...

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Another Reward For First Home Buyers 2.99% Fixed For 3 Years

The good news keeps going for first home buyers as 2 major lenders announce a 2.99% Fixed interest 3 Year rate for owner occupiers. Owning your first home in Brisbane has become a little...

Further Rate Cuts Could Further Help First Home Buyers 0

Further Rate Cuts Could Further Help First Home Buyers

The Reserve Banks recent announcement to cut rates down to 1.25% included comments suggesting the possibility of further rates cuts likely if the economy does not show signs of improvement.  This prospect creates more...

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More Good News For First Home Buyers

First Home Buyers were once again winners as the Reserve Bank announces a lowering of the cash rate by .25 basis points down to 1.25 per cent. In their announcement the Reserve Bank stated...

Home Values Drop In Brisbane for Xmas 0

Home Values Drop In Brisbane for Xmas

Core Logic December home value index found Brisbane property values fell by -0.2% during December 2018 to a median house price of $493,568. According to Cameron Kusher, who is a researcher with CoreLogic, the...

Investor Home Loans Hit Lowest Level in 9 Years 0

Investor Home Loans Hit Lowest Level in 9 Years

By Matthew Cranston – Financial Review Updated 17 Jan 2019  The share of investors in Australia’s home loan market has dropped to its lowest level since October 2009, as the supply of housing in major cities starts to re...