News

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...

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...