Our commentary on issues important to home owners, investors and borrowers
Having asbestos in your home will not prevent you from selling. As long as the asbestos remains undisturbed, it may not pose a risk. However, if you are aware there is asbestos in or around your property, you may have a responsibility to disclose certain information to potential buyers.
Read MoreA badly maintained yard can be an instant turn-off to a potential buyer, even if the house is a dream on the inside. Here are some savvy landscaping tips to make sure your garden is perfect when you’re ready to sell.
Read MoreUpgrading your property so it’s energy-efficient is not only good for the environment, it can also benefit your bottom line. Australia’s federal and state governments offer a number of rebates and incentives to investors and home owners who include eco-friendly features on their properties.
Read MoreDeciding to renovate your home can be exciting, but figuring out how to pay for it? Not so much. Here’s a practical guide to your options when it comes to borrowing money for renovations.
Read MoreLoanscape is your information resource about lending and property.
Loanscape has today released its Borrowing Capacity Index for Q3/2024. It shows that the borrowing capacities of Australian individuals and families have started to recover after the sharp decline over the past 2 years. Lower income borrowers continue to be disproportionately impacted by interest rate increases: the family income required to qualify for the average size loan in Australia is 37% higher than 2 years ago.
Loanscape has today released its Borrowing Capacity Index for Q2/2024. It shows that the borrowing capacities of Australian individuals and families have stabilised after the sharp decline over the past 2 years. Lower income borrowers continue to be disproportionately impacted by interest rate increases: the family income required to qualify for the average size loan in Australia is 35% higher than 2 years ago.
Combined dwelling values have re-accelerated across the nation in February, with all mainland capitals soaring in value. It probably comes as no surprise that Perth claimed the top spot by gaining a whopping 1.8% for the month
Loanscape has today released its Borrowing Capacity Index for Q1/2024. It shows that the borrowing capacities of Australian individuals and families continue to decline. The more modest decline in the size of average loans being taken confirms that lower income borrowers are being disproportionately impacted by interest rate hikes: the family income required to qualify for the average loan in Australia is now 32% higher than 18 months ago.
The end of the year is fast approaching, with most capitals experiencing a strong recovery on dwelling values from the downturn that culminated at the start of 2023.
The recovery is mainly due to an influx of immigration and constricted supply, which the Government is trying to remedy with its ambitious goal of building 1.2 million homes by 2029 through HAFF.
Loanscape has today released its Borrowing Capacity Index for Q4/2024. It confirms the forecast trend that borrowing capacities of Australian individuals and families are recovering from their low levels which coincided with the last of the recent increases to borrowing rates initiated by the Reserve Bank of Australia.