Boom in New Homes on the Way
The scene is set for a home construction boom after a record number of Australians rushed to take advantage of the First Home Owners Boost in September before the scheme was wound back from October. In September more than 49,000 Australians took out mortgages for purposes other than refinancing, a seasonally adjusted record. About 7600 were construction loans, the most since 1994.
Whip the Backyard into Shape
Lavish a little love on your outdoor area now for the perfect relaxation space in summer. Summer is looming and the outdoors beckons. But before you can laze away the sweltering days in your backyard oasis, a little preparation is in order. We spoke to the experts to find out what you need to be doing now. Put on a coat.
Strong Spring Real Estate Activity
The spring market is still well and truly active, according to RP Data's latest market activity index. Although RP Data's head of property research Tim Lawless said he expects the index to dip in the weeks leading up to Christmas, current figures show properties are selling faster and vendors are having to move less on their asking price.
Home Prices Rise As Owners Upgrade
Home prices rose across Australia in the three months to September, as investors upgraded to more expensive properties. The adjusted median price on houses in capital cities rose 3.7 per cent in the September quarter, while prices for units jumped 3.4 per cent, according to Australian Property Monitors.
10 Quick Ways to Add Value
When it comes to selling your home, it needs to stand out from the competition. Here's a few value-adding tips from the Property Experts;. 1. Replace splashbacks 2. Refresh with paint 3. Update flooring 4. Quick kitchen fixes - new cupboard doors and handles or replace the benchtop 5. Makeover the bathroom 6. Change the light switches 7. Rethink window treatments 8.
Altered States: How We've Changed
Ten years ago, our lounge rooms were dominated by bulky wooden cabinets housing big, clunky televisions; our kitchens were shut off from the living areas; one indoor bathroom was considered more than adequate for a family of five; and bedrooms were only for two things - one being sleeping. Today, we've undergone an absolute revolution in the way we live.
10 Tips to Put Some Spring into Your Interior
TV celebrity and interior designer Shaynna Blaze-Vaughan shares her top tips to get your house looking fabulous for the spring selling season. There is something exciting about seeing the first blossoms of spring, so with that excitement in mind take a fresh look at your home and see what you can do to bring an extra touch of pizzazz to your interior.
A-z Selling Guide - Your Must-have Companion
Follow Property Professor Peter Koulizos’ comprehensive guide and reap the rewards of selling well in spring. As spring is here and the football finals are over, people start thinking about real estate again.
Migrants, Expats Priced out of Property Market
Migrants and returning Aussie expats say the unchecked rise in real estate prices over the past decade is a major barrier blocking their entry to the local housing market. And the trend - exacerbated by the rising Australian dollar - may force skilled migrants to think twice before moving Down Under, an analyst said. Housing affordability worsens..
The Next Boom
Numbers alone do not drive housing markets but the high levels of migrant intake will be responsible for Sydney's next boom. Migrants have historically been high housing achievers in Sydney, underpinning both our home-ownership rate and the prices paid for houses. It's reflected in the higher mortgage payments for recent migrants.
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