Cairns is emerging as a real estate hot spot for 2015 as a weaker Australian dollar combines with recent development announcements and a surge in the local economy to restore confidence in the city’s property market. Owner of local real estate agency RE/MAX Real Estate Cairns, Tony Williamson, said the city “came out of its
In the wake of natural disasters, nearly one in four Queenslander’s are now fixing their home loan rate, while nationally demand for cheaper fixed-rate home loans is also rising, according to a prominent mortgage manager. During February, fixed-rate home loans were most popular in Queensland, where demand reached 23.05% of all new mortgage loan approvals.
More than $570 million worth of units sold at Surfers Paradise in 2013, making it the No. 1 region in Australia by gross value. On Monday, another 100 properties go to auction through Ray White at its annual auction showcase. But before you join the ranks of those investors colloquially described as the FOMOs (fear
Lenders are offering double-digit discounts and decades-low fixed home loan rates in a new round of fierce competition to build market share in booming property markets. Transactions, or the amount of properties being bought and sold, are at record levels despite February traditionally being a quiet month, according to RP Data, which monitors more than
Greater Hobart, north Brisbane or south Perth are the best places for families to live, definitely not Sydney, according to a survey on family living in Australia. If you want to raise a happy family, don’t live in Sydney. Or rather, with Australia’s top 10-ranked suburbs for family living outside the NSW capital, a better
Despite latest figures showing a slight increase in vacancy rates, Brisbane’s rental market is still incredibly tight. New figures from the Real Estate Institute of Queensland show that the vacancy rate has grown by 0.2 per cent in the Brisbane statistical division during the June quarter. Meanwhile, according to the latest rental data from the
Brisbane is on track for a property market recovery in 2013 driven by strong employment and population growth coupled with a supply shortage and rising rents, according to John McGrath’s autumn property report. A noticeable increase in buyer enquiries in the last quarter of 2012 bodes well for 2013, which McGrath says will act as