News

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...

Being your own boss sure has its advantages: the flexibility of setting your own hours, building your own business to represent your values, having someone else fetch you coffee… But when it comes to home loans, you may have more to prove than the average applicant. You see, lenders may view you as a little...

Since the release of encouraging November inflation data earlier this month, the market is abuzz with expectation that interest rate hikes are a thing of the past. In fact, the market liked the data so much – a drop from 4.9% inflation in Oct to 4.3% in November – that it has now priced in...

After a month or more of campaigning, seller anticipation and expectation come auction day can be through the roof (which is, coincidently, also where you’d like to see the sale price to go). But for a host of reasons, the hammer mightn’t hit—and while your house passing in might not be what you’d hoped for,...

Once upon a time, owning a million-dollar home was a luxury perceived achievable only by members of the Sydney elite. Now, membership to the million-dollar keys club is about as common as activewear at Westfield, with the median house price in Sydney sitting at around $1.2M (almost double what it was just a decade ago.)...

Italy has long been an alluring travel destination. But in 2019, it became more than just a place to visit—for 1 Euro, it became a place to live. The €1 home scheme quickly went viral, putting one of the first participating towns, Sambuca, on the map.  The plan to encourage international investment by selling dilapidated...

It’s hard to know up from down when it comes to the property market right now. But if you’re wondering how your neighbourhood is faring, Realesate.com.au’s newly released interactive map gives you the answer in about 5 seconds flat. Whether you’re looking to buy or sell in a particular suburb, or simply curious about the...