News

Though the stories of cost of living struggles continue to ring out across Sydney, last month’s $51M property sale in Bondi stands in contrast to that. House prices in Australia are on track to hit a new record high, with Sydney’s current median reaching $1,110,660, which is $333,944 more than Melbourne, the city with the...

Another month, another round of price upticks. September marked the eighth consecutive month of home price growth, with CoreLogic saying property values nationally are up 6.6% since January. That’s a solid price hike. The crazy thing is that prices are soaring despite a whole slew of interest rate hikes over the past 18 months. So what’s pushing...

For many of us, buying a house on its own block of land is the ‘great Australian dream’. While plenty of people achieve this goal, our property journey is often book-ended by apartment living. For first home buyers, units can be an affordable choice, costing around 30% less than houses according to CoreLogic. Then, as we...

Sydney is the most expensive major city in Australia for housing and utilities, costing around 36% more to live here than Melbourne. Worldwide, it’s ranked in the top 5 most expensive property markets, in costly company with Hong Kong, Vancouver, Hawaii, and Los Angeles. But while many find themselves priced out of Sydney’s sought-after-suburbs, there...

No change to the cash rate again this month, but lenders’ mortgage rates have been jumping around more than a bunch of toddlers at a Wiggles concert. We reveal the current average rates to see how your loan compares. Home owners are celebrating the official cash rate staying on hold for several months. But behind...

In the immortal words of Chumbawamba, “I get knocked down, but I get up again.” Encouraging words in the context of a night at the pub, but when it comes to property, is it such a good idea? While knock-down, re-builds can prove profitable, it’s worth weighing the pros and cons before you bite off...

It’s been three years since the First Home Loan Deposit Scheme was launched, and while it’s known today as the Home Guarantee Scheme (HGS), it’s still helping first home buyers get into the market with just a 5% deposit and no lenders’ mortgage insurance (LMI). The HGS attracted criticism from some circles – some pundits...

What’s the purpose of a property listing video? It’s all in the title, really. To list a property on video! It sounds pretty straight forward, and yet, the trend to stand out by inserting song, dance, plot, or Porsche continues. Sometimes it works, most of the time it doesn’t, and all of the time the...

If streaming platforms are starved for content because of the writer’s strike in Hollywood, they should just look to the Australian property market for inspiration. With more plot twists than the Succession finale, rising interest rates, surging migration, and low housing supply have made forecaster’s jobs particularly difficult this year. As Sydney’s housing market continues...

Mortgage holders rejoice – the Reserve Bank of Australia (RBA) kept the cash rate on hold in August for the second month in a row. So have we finally reached calmer waters? Or is there one last rate rise wave headed our way? In what many will see as better news than a Matildas’ World...