Difficult times for first home buyers
According to a new survey conducted by realestateview.com.au, 21% of ‘would be’ first home buyers are missing out on entering the property market due to the inability to obtain finance.
Securing finance is proving to be one of the most difficult hurdles to overcome when purchasing a property and for first home buyers it … Continue Reading »
Post Mining Boom… What’s Next?
The construction industry could be the hero that puts Australia’s balance sheet back in the black according to Herron Todd White, Australia’s largest Independent Property Advisory group.
After the mining boom has come to an end and is unable to provide the jobs and economic benefits it has in the past, where will Australia look … Continue Reading »
Melbourne Home Value Growth Tops the Nation
Due to a strong demand for Melbourne property, values have increased in March resulting in the largest rise of all capital cities over the first quarter of 2014 according to RP Data’s Robert Larocca, Victoria Housing Market Specialist.
“The Melbourne property market has now moved from recovery into a growth phase. This has … Continue Reading »
Cash Rate Remains on Hold at 2.5%
As was widely expected the reserve bank today decided to leave interest rates on hold at 2.5% based on a number of economic factors. This is the eighth consecutive month we have seen no change to the lowest cash rate in 60 years.
The national economy and outlook continues to recover and show … Continue Reading »
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