Some banks are offering recently graduated medical professionals and doctors home loans with a loan to value ratio (LVR) of 90 per cent.
Autumn’s star performer in the Melbourne property market has been without a doubt the outer eastern suburbs.
The other day, while doing some analysis on the loans lodged over the past year and looking at the timeframes and where delays have occurred, I was struck by the number of stages that a loan application needs to go through before settlement and the number of people that the file depends on to go smoothly.
Economic growth over the next four years may take a hit from projected slumps in engineering construction activity.
Inner city apartments in Melbourne are suffering from a glut of oversupply. Analysts are concerned that prices in these CBD dwellings could fall as a result.