Location is on the top of the minds of Australian property buyers. This is followed by availability of amenities. To put it differently, the condition of a property hardly holds centre-stage in the criteria a buyer sets for himself today. Brendan Wong for The Adviser asserts that “property condition” has lost its traditional dominance.
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The Term “Property Boom” Is A misnomer
It’s quite a feeling when you get your opinion voiced from other quarters as well. Being a person who has long been vocal against the use of term “bust” and “boom”, I feel vindicated while reading Mark Armstrong’s piece on the Property Observer. He asserts that we are not at or near a phase of property boom and the present growth is part of the natural property cycle.
Sydney Tops The Race For Capital City Home Value Growth
In a recent article on home values, Cameron Kusher shares a few interesting statistics regarding growth in capital city home values and the longevity of growth periods in an article for the Property Update.
Waterfront Properties Rallying Against Odds
Coastal areas have had their fair share of trouble of late, but now they are showing signs of resurgence, writes Tim Lawless for the Property Update.
Dwelling Approvals At Their Highest Since April 2012
The housing market has shown fine momentum and the market confidence amply reflects in the upward curve of the construction sector. Tim Lawless for the Property Update talks about the hike in dwelling construction and partly attributes it to the low mortgage rates. Development activity has picked up all across Australia and unlike the resource sector; investment in housing sector should keep posting good numbers in times to come.
Are We Really Getting Riskier With Our Property Investments?
Low interest rate is a temptation anyone can submit to but should it carry you away to such an extent where you leave behind all your wisdom regarding property investments? What if the interest rates suddenly increase and properties you locked now became a huge mortgage burden on a later day? In a time when people are falling for risky investment strategies, an article on The Advisor talks about erring on the side of caution.
