Property News
Read the latest news covering the property market and property investment, house prices, interest rates and much more.
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new south walesSydney northern beaches residential market still weak with no turnaround in sight: HTW
The trend of Sydneysiders selling their holiday properties on the northern beaches as occurred during the GFC is repeating.
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industry newsMelbourne estate agent cops permanent ban over $167,000 trust account deficit
Melbourne estate agent Kon Balasis has been permanently disqualified from holding an estate agents’ licences after $167,000 was found missing from a trust account.
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newsPaul Clitheroe says time to shop around for cheaper varaiable interest rates
The average rate on standard variable loans is 6.35% - but Paul Clitheroe says after some shopping around, you can secure a far lower rate.
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auctionsSizeable improvement in auction clearance rates in Melbourne and Sydney: REIV
The REIV predicts auction clearance rates will continue to increase in Victoria and notes that clearance rates are also picking up in Sydney.
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new south walesBoxer Kostya Tszyu’s Carss Park mansion back up for sale
The Carss Park mansion of the champion boxer Kostya Tszyu and his wife, Natasha, is back for sale after the intending buyer did not proceed to settlement.
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mortgagesSmaller lenders offer borrower satisfaction as major banks withhold part of rate cut
Smaller lenders are offering standard variable rates in some cases 100 basis points below the major banks.
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title tattleSocceroo Jason Culina scores $1.3 million colonial western Sydney mansion
The nearby suburb of Denham Court is named after the property.
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victoriaHot property investment opportunities in west, north and outer-east Melbourne suburbs: APM
Clinton McNabb of APM says property investors should look at suburbs like Altona and Yarraville.
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landlordsMelbourne landlords might need to lower rent to fill vacant properties: Leah Calnan
Melbourne landlords should not always expect to receive the same rent or more for a property as tenants change, says Leah Calnan.
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hotspotsPlenty of regional hotspots to tempt investors as market hovers at five o’clock on property clock: Margaret Lomas
In Victoria, Margaret Lomas favours regional centres like Shepparton, Ballarat, Bendigo and Morwell.
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