Melbourne’s house prices have grown consistently for the last four years and its median house price now sits at $795,447 with further moderate growth predicted for 2017.
The Government is looking at implementing a housing bond aggregator to give affordable housing providers cheap and lengthy tenor debt for the construction of new homes.
Chinese developers have again been making their presence felt, snaffling 75 per cent of Melbourne’s development sites in the back end of last year.
Despite interest rate rises from banks, November has seen a 4.9 per cent jump in lending to property investors around the nation.
Despite expectations of future interest rate hikes, confidence in the residential and commercial property markets has risen to a two-year high.
Fixed rate mortgage loans are continuing their run of popularity as borrowers become increasingly confident of interest rate hikes sooner rather than later.
Stamp duty is increasingly being looked at the more housing affordability continues to be a problem facing Australian property buyers, and one expert has called for a concession for the over 70s.
Top ten tips for property buyers and investors who want to go ahead and buy off the plan.
An unexpected surge in property prices in December has seen Melbourne’s housing market finish the year 13 per cent higher in value than when it started.
To make your commercial property and business a success, you need to understand and get your zoning right.
