The property market produces many useful statistics to help you buy and sell appropriate property and home buyers, sellers and investors need that information as up-to-date as possible in order to make smart decisions.
The right information can make a big difference to your property purchase decision, especially if you are considering investing in property and need to maximise your returns.
But even if you are buying a place to live, understanding the market can be extremely beneficial.
A free local market property report from Loan Market can provide the information you need to properly assess your property options, ...
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Categories: Property. Tags: Free, Home Buyers, Investors, Loan Market, local market property report, property report, sellers.
A recent report from the Real Estate Institute of Victoria (REIV) has found that Melbourne's western suburbs, including Altona, Footscray and Yarraville, have enjoyed an above-average increase to median house prices over the past five years.
Altona mortgage broker, Sandra Mallia, is not surprised at the result, and said she had experienced an increase in enquiries regarding home loans to purchase property in Altona and surrounds.
"I have lived and worked in the western suburbs of Melbourne all my life, so to me it's no surprise that this area is increasing in popularity," says Sandra.
"The area has good facilities and ...
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Categories: Mortgage Brokers, Property. Tags: Altona, Footscray, Melbourne, Mortgage Broker, Sandra Mallia, Western Suburbs.
Real estate groups continue to report strong sales month on month, in a sign that the property market is on track for another solid year.
Australia’s largest property group, Ray White, announced yesterday that it had recorded its best ever residential sales in results in Victoria last month.
According to the real estate group, statewide sales figures for February totalled in excess of $350 million – a 58 per cent increase on sales for the corresponding month.
Ray White Victorian general manager Marcus Williams said the highly active residential market was expected to continue in the short term despite the Reserve ...
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Categories: Property. Tags: Australia, Home Loan, Investment, Proeprty, Ray White.
The total value of property sold in Melbourne last week broker through the $1 billion mark, according to an article in the Herald Sun today.
Both good clearance rates and an increase in property prices have been cited as the reasons behind reaching $1 billion.
People looking for owner-occupier and investment properties alike were in the mix, at over 900 auctions and 700 private treaty sales, according to the report.
Melbourne mortgage brokers recommend that anyone looking to purchase, especially at auction, should organise their finance options prior to attending the auction or submitting an offer.
A home loan pre-approval ...
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Categories: Finance News, Property. Tags: Auction, Home Loan Pre-approval, Investment, Melbourne, Owner-occupier, Property Finance.
The Northern Beaches of Sydney had their biggest auction weekend of 2010 last weekend, with more than 30 properties going under the hammer.
Northern Beaches mortgage broker, Michael Roberts, said that the area, always popular, was experiencing a resurgence this year, particularly from people buying their next property.
One property agent said many people were purchasing a new property before selling their existing home, because property sales have been so strong.
"People that do that generally use bridging finance," said Mr. Roberts.
"Bridging finance will enable you to buy a new property before you sell, essentially by taking a mortgage over both ...
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Categories: Finance News, Property. Tags: Bridging Finance, Bridging Loans, Michael Roberts, Mortgage Broker, Northern Beaches.
Today Ray White is Australasia's Supergroup
Almost 1,000 individual Ray White offices are spread across Australia, New Zealand, Indonesia, China and Thailand. Together Ray White help around 220,000 home owners and purchasers successfully buy and sell property every year.
With an annual sales turnover consistently exceeding $3 billion per month, Ray White today provides a broad range of real estate and related property services.
For example, we managed some 300,000 rental properties last year and our commercial sales are approaching $1.5 billion per annum.
As an Australian family owned business. Ray White's got a lot to be proud of. Below is ...
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Categories: Property. Tags: Australia, Investment, Property, Queensland, Ray White.
The Internet is the most popular search tool for property consumers today and now, Ray White is officially Australia’s most searched for real estate brand....
Usage of the World Wide Web has literally exploded in the past decade. It’s estimated that more than a quarter of the earth’s population is currently using the services of the Internet and in developed countries, that number is much higher. In Australia, close to 80% of people are now on-line.
Many industries have been changed by the growing popularity of the Internet, but the real estate market in particular has been nothing short of revolutionised by ...
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Categories: Property, Sandra Crossland. Tags: Home Loan, Property, Property Investors, Ray White.
Darwin unit prices have jumped 12 per cent over the last three months, with the average price now $410,000 – the highest in Australia.
Terry Roth of Darwin valuer Herron Todd White said prices were strongest in the middle-range unit market because that was the price range most people could afford.
Mr Roth said the only way to ease the market was to lease more land.
The Northern Territory Government is opening four new suburbs in Palmerston – Bellamack, Mitchell, Johnston and Zuccoli, with work soon to begin on the township of Weddell.
The Darwin beachside suburb of Rapid Creek was also recently voted the best value for money ...
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Categories: Property. Tags: Darwin, Mortgage Brokers, Northern Territory, Property.
New research: house prices tipped to rise 20 per cent
New research from BIS Schrapnel suggests house prices will climb by almost 20 per cent over the next three years.
This means the average house price will go up by more than $100,000.
An article from The Herald Sun said the report showed house prices rising by 3 per cent this financial year and 8 per cent in each of the following years.
Click here to find property for sale in Australia.
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Categories: Finance News, Property. Tags: Australia, Budget, House Prices, Loan Market, Property.
The property market is offering further signs of resilience, according to both anecdotal evidence from real estate agents and Loan Market mortgage brokers in Sydney.
Particularly in Sydney, agents and brokers are reporting strong interest in the median home market covering the $700,000 to $1.2 million price range, a target price of many who have sold existing properties to first home buyers during the recent strong sales to this group.
The Boost to the First Home Owners Grant has been cited as one reason for the strong interest, along with low interest rates, with many properties selling before ...
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Categories: Mortgage Brokers, Property. Tags: Auction, First Home Buyers, Interest Rates, Median Home Market, Mortgage Brokers, Property, Sydney.
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