Various factors work together in making this spring a time to cherish for the Sydney property market. Michael Yardney for the blog Property Update opines that housing affordability, consumer optimism and low interest rates are working in sync to promote the buoyancy which this capital city is witnessing.
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Sydney’s Auction Clearance Does Not Hide Truths In Its Closet
Low cash rates, made even lower by the latest RBA cut may trigger the housing market towards a bullish zone. The euphoric mood also results from the wonderful postings by the auction market. Pete Wargent for the Property Observer talks about some 90% auction clearance rate in Sydney’s inner west area.
Decline In Rental Growth For Sydney Eastern Suburbs
The rental growth bandwagon for Sydney’s Eastern Suburbs has come to a bit of a decline. However, the overall growth rate of 0.8% cannot be thought of as portentous because it does not have to do with any fundamental deficit. Jonathan Chancellor for the Property Observer explains the conundrum.
Do not buy a property in the name of your children
Humans are an inherently generous species. Oftentimes, the thought of gifting a property to your child or buying it in his/her name may have occurred to you.
Rob Balanda for the blog Property Update advises you to resist the idea.
Features That Top The Wish List Of Tenants
There are features tenants might give their right arm for and still others that tenants may not even give a second thought to. Funnily, the fads keep changing and you cannot stick your throat out and make the call.
An elaborate survey conducted in Brisbane by Beesnees has come up with some food for thought for landlords. On what features and renovations should they put their money? An article by Rob Honeycombe marks out the key conclusions from the survey.
Sydney Property Market Gets A ‘Spring’ In Its Stride
The Sydney property market is flush with a rare kind of enthusiasm in anticipation of a bumper spring ahead. Toby Johnstone for the Domain writes that this spring season might witness the maximum number of property sales in recent memory. Low interest rates have brought in a real turnout of buyers from all hierarchies.
