Australian Capital Territory
Read the latest Australian Capital Territory property market news, feature articles, commentary and analysis here.
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mortgagesLenders offer varied incentives to attract loan switchers
Lenders have been offering a variety of incentives to borrowers as interest rate fluctuations focus peoples’ attention on whether to switch lenders.
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residentialNew listings in Sydney drop 9.3% over the year: RP Data
The number of new house listings in Sydney has dropped 9.3% over the last 12 months.
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trendsProperty taxes remain a strong earner for governments: Cameron Kusher
Overall we would expect that at a national level property-related tax revenue will increase over the 2012/13 financial year however, the rate of growth is once again likely to be quite low.
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auctionsSydney and Melbourne weekly auction success rates sit at 70%-plus: RP Data
In the week to May 5 there were 1,749 capital city auctions, up from 1,658 the previous week, according to RP Data.
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residentialSydney houses sell faster than other capital cities: RP Data
Sydney has the lowest average time on market for houses and units and the second lowest average vendor discounting for houses of all the capital cities.
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trendsWeighing the pros and cons of SMSFs as you plan for retirement: Michael Yardney
Most Gen X-ers will fall far short of being able to retire on their superannuation.
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reitsPaying too much for residential land among four lessons learned: Mirvac boss Susan Lloyd-Hurwitz
The four lessons learned are included in a presentation slide which show that 51% of Mirvac's master-planned community rural projects are impaired.
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mortgagesNAB grows mortgage market share as interim profits rise to $2.9 billion
NAB’s share of the home loan market grew by 15% to 15.2% over the report period.
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residentialHouse prices could rise up to 7% in 2014: APM’s Andrew Wilson
Andrew Wilson is sticking with his forecast made at the start of the year of a 3% to 5% rise in house prices over 2013.
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residentialHousing market confidence rises to highest since July 2010: CBA/MFAA index
The last time expectations about house price growth were this high was in July 2010.
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