Our commentary on issues important to home owners, investors and borrowers
In Sydney the median house price moved by almost 3% mostly in the month of June. The winter market often sees relatively strong gains as supply is generally constrained - impatient buyers tend to push up the market. The annual growth rate is now down to 8% (it was nearly 22% in the year to October 2015).
Read MoreBuying your own home remains the great Australian dream – and purchasing a second property may help you take your wealth further.
Read MoreLatest Residex Property Market Report for NSW shows that prices have turned down in NSW. This is our summary of their March report on the national and local property markets.
Read MoreWe look at the reasons behind the RBA's latest rate cut and the outlook for the property market.
Read MoreProperty investors who purchased "off the plan" in 2014 or 2015 may run into serious problems completing their purchases when construction finishes later this year.
Read MoreLatest Residex Property Market Report for NSW shows that prices have peaked. We summarise what's in store for the coming year.
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.