Melbourne was the nation’s strongest performer for industrial property in 2016, recording a 15 per cent increase in property deals for the year.
Borrowing for off-the-plan apartments is getting tougher as lenders crackdown on property valuations for loan approvals.
Two of the country’s big four banks say changes to capital gains tax should at least be considered to help reduce property demand and assist with affordability.
In a further sign of lender crackdown, the Commonwealth Bank has made an out-of-cycle interest rate hike to investor loans.
In efforts to tighten lending, Bankwest has decided it will ignore negative gearing tax benefits for property investors when it calculates loan eligibility serviceability.
CoreLogic have released a fun stat this week – particularly fun if you’re a homeowner, not so much if you’re trying to become one.
Proximity to good quality schools and educational facilities is an ever-increasing factor in the value of homes and their potential for capital gain.
It is the sixth straight month that interest rates have stayed at this level.
Real estate experts are tipping suburbs in Melbourne’s west and Melbourne’s north as the ones to look out for this year.
Capital city house prices for the quarter have risen 2.3 per cent and 10.7 per cent for the last 12 months, according to the latest figures from CoreLogic.
