News

It was only a few weeks ago that our new $1.3M median broke records (and many first home hopeful’s spirits) and yet here we are again with another headline pertaining to the relentless rise of Australian house prices. According to the latest forecast by Oxford Economics Australia (OEA), Sydney’s median is predicted to hit $1.93M...

The Olympic Games are still a few months away, but Australia’s already breaking new records. This time it’s CoreLogic’s Home Value Index taking to the podium, recording a rise of 8.9% to reach a record-breaking high in February. With the national median dwelling increasing by approximately $63,000 over the past twelve months, it now stands...

The property market rarely stands still. Interest rate movements, the number of homes listed for sale, and even the time of year can all drive shifts in the market. And change plus commitment isn’t something we’re all comfortable with. It can even see us put mental traps in place that mean we panic about missing...

Once upon a time, a price guide did what its name suggests, providing potential buyers with a ballpark figure a home would likely sell for. Over time, the distance between that guiding figure and the actual selling price has grown by quite a few ballparks. Agents underquoting to drum up interest and competition has been...

Sydney’s top performing suburbs for the quarter are in, with the Lower North Shore and Eastern Suburbs dominating the data compiled by CoreLogic. With house prices increasing by as much as $242,189 over three months in one suburb and $156,506 in another, it’s predicted the upturn in the upper end of the market could be...

It’s commonly known that the bigger your deposit, the smaller your home loan, and thus, the lower your monthly repayments. But today we’ll look into another way your deposit size could reduce your repayments: by potentially reducing your interest rate. A question we’re commonly asked (believe it or not!) is “how can I get a...

The words “home loan application process” can strike fear in the hearts of many. Trawling through different loan products is a time drain. The bureaucratic tape can be a headache. And let’s not forget banks scrutinising your finances. But it doesn’t have to be a drag. The majority of home loan seekers have now cracked...

In Sydney, the gap is even wider at 68.4%, with the largest price disparity between houses and units found in the affluent suburbs of Bellevue Hill (more than 525%) and Vaucluse (almost 500%). In Bellevue Hill, the median house price is $9,684,557 compared to $1,547,880 for a unit, and $8,748,787 compared to $1,458,691 in Vaucluse....

Lending to property investors is soaring once again. We lift the lid on what’s driving investor interest – and what it could mean for the property market throughout 2024. It looks like property investors are back … and in a big way. The latest ABS figures show that in December 2023, banks lent over $26 billion in...

Last weekend the auction hammer officially returned from its holiday break and got right back to banging, with 1,671 auctions held across Australia. The market welcomed an upswing not just in the volume of auctions but also in the clearance rate, with CoreLogic recording a preliminary clearance rate of 73.9%, the highest since the week...