When buying a property off the plan you have the right to ask as many questions of the selling agent or developer as you need to in order to make an informed decision.
"My investment picks for this year in Melbourne would include older dwellings within one hour of the CBD that give good cash flow. If you're seeking capital growth over yields, then detached dwellings could also be a wise investment selection," says Steve Waters of Property Investment Professionals.
ABS data shows that the total value of building work approved in Queensland increased by 89 per cent to $2.4 billion in February 2017 (seasonally adjusted) compared with 12 months previously, the highest monthly result since 2011.
Australians' love affair with apartment living is being driven by affordability and demographics.
The Sydney rental market continues to tighten.
In Victoria, underquoting has been rife for over a decade. Consumer Affairs Victoria has introduced new rules, which come into effect on 1 May 2017.
Given the recent tightening of the major banks on corporate lending, the only alternative for borrowers is to turn to second tier lenders.
Home buyers should be aware of the impact the cap on interest-only loans will have on overall lending.
The HIA supports the Turnbull government’s policies aimed increasing affordable rental stock and reducing the costs of new housing supply.
Be prepared, have a firm limit, read the fine print - and keep your emotions in check.
Bill Malouf of LJ Hooker Double Bay discusses his life selling real estate, from his early days starting out, to selling multi-million dollar pubs and dealing with Kerry Packer.
The proposed removal of OTP concessions for investors will represent the loss of a competitive advantage for Melbourne in a market that is increasingly facing national and global competition.
Constant media speculation about the risk of an Australian housing bubble is based on overseas analysis that fails to account for Australia’s unique market circumstances.
It’s a good idea to have a building inspection done before selling your property.