Property investors appear to be muscling in on entry-level property with the proportion of mortgages offered to first home buyers hitting record lows.
News
Full-time jobs sliding as rates remain on hold
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08 November 2013
Expectations of a near-term reduction in interest rates remain low despite full-time job losses in the labour market being at their highest level in 16 months.
Construction of new homes finally on the rise
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07 November 2013
The improving housing market has finally led to an increase in new-home construction - for the first time in three years.
Moving out of your principal place of residence but keeping it as an investment property
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06 November 2013
Sometimes it can be ideal for investors to move out of their home but keep the old place as an investment. You might be needing to move into a bigger or smaller residence, or may have to move for work reasons.
Southbank records Melbourne's highest vacancy rate based on water use
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31 October 2013
A study of water use has found that more than 64,000 residential properties in Melbourne are rarely used, and over 12,500 seem completely unoccupied.
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