Australian Property Updates

Property Information & Real Estate Updates

Monthly Archives: March 2011

Capping population growth in capital cities is not a solution to housing affordability

The Australian Government has come out with another “brilliant” idea on addressing the burning question of housing affordability – capping population growth in capital cities of Australia. Instead of dealing with the issue of lack of affordable housing, our government is considering restricting people’s ability to live where they would like. What will be introduced next, a cap on the ...

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Property Investment Options for Low Income Earners

Smartline, a Home Loans franchise business, is encouraging low income investors to look into residential property investment. Smartline argue that property investors do not need to have high incomes. In a media statement from the mortgage broking franchise, Smartline managing director Chris Acret said that borrowers on low incomes also have the opportunity to invest in property but they may ...

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Victoria in no danger of property oversupply

According to BIS Shrapnel MD, Robert Mellor, there is no sign of property oversupply in Victoria despite the higher numbers of new property developments. While some suburbs may appear to have an extensive level of develpment and a lower level of property clearance, overall the state is in a good shape. Melbourne still has strong underlying demand and solid population ...

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Its a great time to buy – Mortgage Choice

Research conducted by a national home loans provider – Mortgage Choice, suggests that now is a great time to purchase a property. According the research results, Australia currently has a very low rate of rental vacancy, while there are genuine expectations of rising rents due to expected economic growth coupled with healthy levels of immigration. Property investors could do very ...

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Properties listed for sale – at all time high

According to new research published by RP data – the number of new Australian properties listed for sale is currently at all time high. It seems that the number of advertised listings are now 24.2 per cent higher than they were at the same time last year. In Australian capital cities the number of listings today is actually 29.1% higher ...

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