With banks increasing their interest rates, access to cheap money will be more difficult for investors this year
Driven by growth in Sydney and Melbourne, the number of suburbs with a median property value of over $1m has skyrocketed
As the property market still boils away in Sydney and Melbourne, Aussie property buyers should look to Queensland which has been rated as an “extreme buyer’s market”.
The housing market may be passed its peak as homes are taking longer to sell and vendors are discounting prices
Investors in the property market are forgoing rental income while they chase capital gains, but recent data suggests capital gains are also getting smaller
One economist is downplaying the hype surrounding investor demand pushing first home buyers out of the property market, saying he does not regard investor demand as “massively excessive”
September saw Melbourne break a new record with auction numbers up 15% in the city and 3% in the middle and outer suburbs compared to this time last year
The Australian housing market is set to experience further growth over the next 12 months before beginning to slow from 2015/16, but it is not quite “boom” territory