173 blog posts Filter

Property confidence at record high as economic expectations rise

April

Brisbane market Economy Property - Sales

CONFIDENCE has hit record levels in the property sector, with Queensland at its highest level since the mining boom, the latest industry survey has found. The ANZ/Property Council Survey said there was growing confidence in Queensland amid positive expectations of economic growth in the state led by infrastructure projects such as the Cross River Rail. […]

Brisbane backyards nearly 30pc smaller than a decade ago

April

Brisbane market

THE average Brisbane backyard is nearly 30 per cent smaller than it was a decade ago, with blocks of land in the city shrinking faster than any other capital city. THE average Brisbane backyard is nearly 30 per cent smaller than it was a decade ago, with blocks of land shrinking faster than any other […]

Before & after: 1 kitchen, 3 different renovations

April

Lifestyle renovating for profit Renovation

A bright and sparkling new kitchen is the holy grail for any renovator, but without an architect or designer on board, it can be hard to imagine a drab kitchen as anything but. If you’re planning on doing a kitchen makeover yourself, the first ingredient you need is imagination. After that, it’s all about confidence. Anything is possible with […]

More homes up for grabs in Brisbane as property listings rise

April

Brisbane market Economy Property - Sales

THERE has been a surge in properties hitting the market in Brisbane, as homeowners head for the exit in a bit to take profits. The number of homes for sale in Brisbane rose 6.9 per cent to 31,619 in March, according to the latest figures from SQM Research. That’s more than the national average, with […]

More Property Millionaires Than Ever Before

March

National Property - Sales Selling

The share of residential property sales over $1 million continued to climb in 2017 across most of the capitals.  With dwelling values now falling, what will 2018 bring for sales of $1 million properties? Over the 12 months to December 2017, 16.1% of all houses and 9.5% of all units sold nationally transacted with a […]

One in five are first home buyers as QLD leads East Coast

March

First Home Buyers

ONE in five Queensland buyers were first homeowners in January, with the state pulling above national average and leading the east coast. Latest housing finance figures from the Australian Bureau of Statistics found first homebuyer levels were now at a five-year high — led by high levels in Queensland, the Northern Territory and Western Australia. […]

Investors’ favourite loans have crashed to a historic low

March

Brisbane market Finance

INTEREST-only loans have crashed to a historic low, a precursor that could spark the next big investor boom in the property market. The dramatic decline came off an Australian Prudential Regulation Authority edict for lenders to slash the loan category to below 30 per cent of all new loans they write. Lenders have gone even […]

5 hard-to-kill indoor plants perfect for your place

March

Lifestyle

As summer comes to an end, it’s time to rearrange your house plant collection to ensure it continues to thrive. Some plants simply can’t be controlled; they know when the seasons change, go to seed when you really don’t want them to and grow out of control. With cooler days ahead, we thought you’d benefit from […]

Mind The Housing Value Gap

February

Brisbane market Property - Sales

  Although dwelling values have started falling in Sydney, the city remains substantially more expensive than the other capital cities.  In fact, whether you look at the cost of houses or the cost of units, Sydney stands out as being much more expensive. The above table clearly highlights how the cost of a house is […]

Renovation records to be smashed with Queensland’s strong value for money to draw millions

February

renovating for profit

RENOVATION activity is expected to hit a record $8.8b nationally, with Queensland to see a 7 per cent surge because of its strong value for money, according to latest forecasts. Forecasts given to The Courier-Mail by Master Builders Australia has Queensland hitting $1.468b worth of alterations and additions activity in the 2018-2019 year, before rising 6 per […]

Brisbane to become best performing capital city housing market in five years, analyst tips

February

Brisbane market Economy

BRISBANE is well placed to take over as the nation’s best performing capital city housing market in the next five years, a leading property analyst has predicted. But while the city looks set to benefit from better housing market conditions, don’t expect house prices to reach the giddy heights they have in Sydney and Melbourne. […]

More homes up for grabs in Brisbane as listings rise

February

Brisbane market Selling

MORE people are choosing to put their homes on the market and take profits in Brisbane than they were a year ago, new data shows. Only Brisbane, Sydney and Canberra recorded a rise in property listings over the past 12 months, according to the latest figures from SQM Research. National residential listings dropped 4.8 per […]

Brisbane property prices have held firm in the face of drops in other capital cities

January

Brisbane market

AS price growth has started to drop in Australia’s powerhouse southern property markets, Brisbane prices have held firm. Preliminary analysis of the property market’s performance in January reveals that while Brisbane’s property prices have not gone up, unlike other capital cities, they have not gone down either. CoreLogic head of research Tim Lawless said when […]

Properties ‘Flipped’ For A Profit- CoreLogic Report

January

Brisbane market investment Property - Sales

Property information and analytical authority CoreLogic Australia has released its first Property Flipping Report from the end of 2017 revealing that nine in ten flipped properties in Australia earn a profit. The report explains the short term residential property investment strategy of ‘flipping’ with: “a buyer purchases a home with the intent of re-selling the […]

Does Queensland's immigration rise point to house price rebound?

January

Brisbane market Community Property - Sales

Queensland is in a historical sweet spot for home price growth with an analysis of interstate migration showing that the gap in home price between Sydney and Brisbane could soon start narrowing. In 2002, the median Brisbane home price equated to just 41 per cent of a Sydney home – a historical low. But interstate migration to Queensland started to surge, […]

Putting your investment up for sale

October

investment Selling

Deciding to sell  As part of setting your property investment goals, you should have a plan for if and when you will sell the property. It shouldn’t be an emotional decision to make, but rather the next step of your investment plan. The catch can be if at some stage you have lived in the […]

Queensland first-home buyers are the most active in Australia. This is why...

October

First Home Buyers

Queensland first-home buyers loan approvals have soared by nearly 20 per cent in the last 12 months, jumping 5 per cent in the last month alone, new data shows. The Sunshine State boasts the highest number of first-home buyers in Australia, thanks to low interest rates, a $20,000 state government grant and one of the country’s […]

Multiple owners increase depreciation claims

October

Depreciation

Split reports help accelerate deductions An increase in BMT Tax Depreciation Schedules for more than one owner suggests co-ownership is becoming an increasingly popular trend. Owning a property with others can provide improved purchasing power. This can be particularly useful in capital cities where it can be difficult to break into the property market. It […]

Brisbane remains top pick for investors as confidence in the market stays strong

September

investment

The national survey, conducted by Property Investment Professionals of Australia (PIPA), found investors are bullish about the long-term benefits of residential real estate and shrugging off concerns about stricter lending conditions, property price bubbles and oversupply.  More than 70 per cent of respondents think now is a good time to invest in property, with 61 per cent looking […]

Property expert Andrew Winter’s tips for buying and selling in spring

September

buying tips Selling

Despite a sluggish start to the spring  season, competition is heating up and that means more choice for home buyers and sellers. Mr Winter, the host of Selling Houses Australia on Foxtel, has shared his advice on how to buy and sell property successfully in spring. TIPS FOR SELLING IN SPRING 1. Spring clean  It might sound […]