Investor lending up for 4th month
Lending to investors grew for the fourth straight month in August, following the RBA rate cut, as loans to owner-occupiers fell 1.6 per cent.
Lending to investors grew for the fourth straight month in August, following the RBA rate cut, as loans to owner-occupiers fell 1.6 per cent.
Housing affordability has worsened in Melbourne but improved in Sydney, HIA.
One agent says the Sydney market is slowing but buyers disagree. A tiny house in Edgecliff sold for over $1.5 million Monday, netting its owner a near-$1 million gain in seven years.
House prices in Sydney and Melbourne may be sky-high but not all properties have doubled in value, Corelogic says.
Sydney real estate is so expensive that even investors are looking elsewhere.
Yuhu Group emerges as newest Pymble landlord with $78 million acquisition.
In today's market a handy position near transport and amenities is no longer enough. Now you need a good floor plan.
Australia's apartment market will have fewer projects in the pipeline, but it won't crash, says Qualitas boss Andrew Schwartz.
One of the most desirable suburbs on Sydney's lower north shore has done it again.
The young buyer of this Botany townhouse didn't waste time after seeing it - the night before the auction.
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