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Property investment news

Time to move on real estate

Now is the time for confidence to take over from caution when it comes to real estate. The post GFC market has rallied enough for both buyers and property owners to feel confident once more. The top reasons why are: Property remains a solid investment Sellers are asking realistic ...

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Now is bargain buying time

Consensus is the market has moved through its lowest point and prices are unlikely to drop further. This sweeping statement includes local market variations. As an investor, you want a good property for a bargain price – at any time. If you can buy well in the market today then you’ll ...

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Empty house advantage

Two things make a landlord happy - a good return on their investment via capital gains or increased rent. An untenanted property generally makes them very unhappy. However, this time can be used well to maintain or refurbish the property to then attract a new, higher paying ...

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Insure your investment adequately

Floods, cyclones, bush fire… so much of Australia has been ravaged by natural disasters which have damaged or destroyed property. Don’t let rebuilding ruin you. Make sure you are fully insured in the event of natural disaster. If you are already covered, check exactly what your ...

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Northern Territory mining projects may attract property investment

The Northern Territory government has given the final tick of approval to an $8 billion mining development in the Roper region - a project that may attract property investment. Announcing its go ahead yesterday (March 25), minister for mines and energy Willem Westra van Holthe said the Australian ...

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Hospital redevelopment kicks off in Campbelltown

Residential property dwellers in Sydney's south-west region are set to benefit from a multimillion-dollar hospital development earmarked for the area. NSW premier and minister for Western Sydney Barry O'Farrell said the $139 million redevelopment of Campbelltown Hospital is a major boon for ...

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Albury: An attractive location for property investment?

Property investors looking for a residential real estate purchase in New South Wales, may be interested in Albury, after recent data revealed demand for housing in the town continues to increase. According to the February Real Estate Institute of NSW (REINSW) Vacancy Rate Survey, the availability ...

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Melbourne to receive world's 19th tallest building

Property investors may want to take note of a landmark real estate development in the heart of Melbourne's CBD - a 388 metre skyscraper. Australia 108 tower, to be located at Southbank Boulevard in Southbank, will become the world's 19th tallest building and stand 91 metres taller than ...

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Melbourne house prices record 'significant' five-year growth

Melbourne may become an attractive residential property investment hotspot, with recent figures pointing to significant gains in the market over the last five years. According to data released by the Real Estate Institute of Victoria (REIV), the median house price in Melbourne increased 26 per cent ...

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Sydney centres to undergo urban renewal

Several Sydney locations are earmarked for major redevelopment in a bid to boost the supply of housing in the Harbour City. Announcing the initiative on Saturday (March 16), minister for planning and infrastructure Brad Hazzard said eight areas have been identified as urban centres with the ...

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Sunbury welcomes $5.9m sporting boost

Sunbury residential property dwellers are set to benefit from a multimillion-dollar project to revamp the Boardman Stadium. Attending the facility's official opening yesterday (March 12), Victorian minister for sport and recreation Hugh Delahunty said the upgraded centre will help to build ...

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Stabilising interest rates provides confidence boost

South Australia's peak residential real estate body said the Reserve Bank's decision to keep interest rates on hold will bolster confidence in the property market. Greg Moulton, president of the Real Estate Institute of South Australia (REISA), said holding the official cash rate steady at ...

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Gold Coast marine project to attract commercial property investment?

The Gold Coast is set to be transformed into a world-class city under a multibillion-dollar integrated tourism development earmarked for the region. Deputy premier Jeff Seeney said four consortiums have been shortlisted for the Gold Coast Broadwater Marine Project - a major milestone reached in the ...

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Interest rates remain steady at 3%

Australian homeowners have missed out on more mortgage relief for the second month running, after the Reserve Bank kept rates on hold at three per cent at today's (March 5) meeting. In a statement accompanying the bank's decision, RBA governor Glenn Stevens said that the effects of last ...

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Community boost for far north Queensland

The Queensland government has welcomed a major economic development in the Mary Valley region, saying it is a boon for residential property dwellers in the area. State deputy premier and minister Jeff Seeney lauded the Higher Ground Group's decision to expand its operations with two new ...

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Newcastle revamp may attract property investment

Newcastle is set to become the focus of a $120 million revamp - a major project which may attract the interest of property investors. The New South Wales city, located 160 km north of Sydney, is due to undergo significant development in a bid to revitalise the sea-side centre. As part of the ...

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Perth property investment looking more attractive

Investors who own leased property in Perth may welcome recent figures that show rents are going up in Western Australia - potentially generating higher returns for owners as a result. According to the latest rental data from the Real Estate Institute of Western Australia (REIWA), median rents for ...

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Sydney rental property vacancies rise

Rental property availability across Sydney has risen, according to new statistics. The Real Estate Institute of New South Wales (REINSW) found the Sydney metropolitan area experienced a 0.3 per cent jump in vacancies to 2.2 per cent. The outer suburbs - residential real estate located more than ...

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Home Loan Rates: LJ Hooker Home Loans moves on fixed rates

Home Loan Rates: LJ Hooker Home Loans moves on fixed rates

LJ Hooker Home Loans announces it will reduce its one and two year fixed rates to 4.99%  (myLJHooker members get 4.95%)  despite the RBA leaving rates on hold this month.

Australians are better off than they were in past decades?

Australians are better off than they were in past decades?

A new industry report from AMP suggests that many Australians are better off in the modern day than they were in past decades.

 

Will this be enough to tempt experienced homeowners and first time buyers who are worried about the change in lifestyle that comes from being financially responsible for their own property.

 


 

How to Invest After 40

How to Invest After 40

Is it too late to invest if you haven't started before hitting the big four-zero? Not by a long stretch. Here's how to go about it.

30 ways to improve your home

30 ways to improve your home

You don't have to spend a fortune on the latest designs and furnishings to give your home a makeover. There are plenty of ways to update your look with minimal effort and cost. Here are 30 EASY things you can do to improve your home right now....