Today’s trending stories in Australian home ownership and Home Loans.
- First-timers and upgraders active on quiet auction day but investors still missing in action
Early signs suggest Melbourne remains a buyers market in 2019, with the clearance rate for the first auction weekend of the year coming in at 44.7 per cent from 80 reported auctions.
But with such a small sample of auctions, market watchers are awaiting the weekends of February 23 and March 2, when numbers will ramp up, for a clearer picture of market trends.
Agent David Taylor, from YPA Glenroy, secured a buyer for a dated house on a large…
- Summer Hill auction draws crowd of 100 but investors still thin on the ground
The pending release of the final report from the royal commission into banking cast a shadow over Sydneys weekend auction market, but properties appealing to a broad range of buyers drew spirited bidding….
- ‘Rivers of gold’ dry up: Chinese New Year likely to be flat for property
This Chinese New Year is expected to pass with a fizz rather than a bang for Australian property, with experts warning that rivers of gold have all but dried up.
It would continue a string of lacklustre golden weeks, where Chinese investment interest has fallen well below its peak in the 2015-16 financial year.
Chinese activity on the international investment por…
- Best buying over the past 15 years was during the GFC, new analysis shows
The best time to buy Sydney property to capitalise on price growth was roughly a decade ago, new analysis shows.
Those who bought just before the start of the property boom in 2012 have made significant gains, but it was home ownersbold enough to strike during the global financial crisis who made the biggest windfall.
Analysis of price movements over the past 15 years by Domainalso challenged the widespread belief that more time in the market translates to better cap…
- 4 investment stories you missed in the ASX200 this week
House prices keep falling. The Corelogic January Home Value Index results showed that national house prices fell by 1% in January alone.
- Sydney first homebuyer shares clever savings hacks
Find the right home loan to suit your lifestyle … decided to take the plunge now due to Sydney’s falling house prices, and that he planned to live … I found it helpful meeting with a mortgage broker who gave advice on how to meet the…