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The most affordable homes in Sydney’s most expensive suburbs

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...

How does your home loan compare?

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...

Low deposit first home buyers now have $82,000 in equity

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...

Seven questionable property listing videos

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...

Sydney’s house prices tipped to rise by up to 10% this year

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...

2 in a row: Reserve Bank holds cash rate steady

In the world of finance, interest rates can feel like a roller coaster ride. This time, though, the Reserve Bank of Australia (RBA) has decided to give us all a breather. In its latest monetary policy get-together held on the 1st of August, the RBA announced it would be keeping the official cash rate steady...

Almost half of Sydneysiders want more apartments built

Taking a stroll through the streets of Parramatta or Rhodes—where only about 11.5% and 14.6% of dwellings are houses—you might think this city has more than enough high-density housing. Apartment abundant Penshurst in southern Sydney invites the same sentiment, with units accounting for approximately 83% of accommodations in the suburb. Neutral Bay, Ryde, Bankstown, and...

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