South Australia

residential

WA government warns consumers about east coast “property investment spruikers"

The warning follows officers from WA's consumer protection attending a number of free seminars to gauge the content and message being presented to potential investors.

landlords

Rental crisis easing as national residential vacancy rate rises to 2%: SQM

Louis Christopher says rent rises, which have been running at above inflation for the past five years, will now slowdown to be more in line with CPI.

australian capital territory

The Block Sky High and House Rules fall in ratings

The Block fell from 1.308 million viewers on Tuesday night to 1.062 million, slipping from second place to fourth place.

mortgages

RAMS cuts two-year fixed-rates to 4.99% and waives investment home loan fees as investor demand rises

RAMS has reduced its three-year fixed-rate home loan by 20 basis points to 5.09%.

residential

Federal government calls for state government stamp duty concessions for downsizing seniors

Federal ministers Jenny Macklin and Mark Butler have asked state governments to introduce stamp duty concessions to encourage seniors to downsize.

residential

Real estate is only worth what someone else will pay for it: Pete Wargent

Real estate, just like bitcoins and tulips, is only worth what someone else is prepared to pay for it. Therefore, you should only own property where there is a huge demand and a growing population.
Sensible investors are unlikely to be swayed by RBA meetings...

residential

Sensible investors are unlikely to be swayed by RBA meetings or political shenanigans: Terry Ryder

My experience of seven years with a property investment website is that any interest rate decision, whether up or down, causes a temporary shutdown of normal business.
Government didn’t have the “ticker” to abolish negative gear...

negative gearing

Government didn’t have the “ticker” to abolish negative gearing in budget: Scott Pape

Scott Pape says the government did not have the "ticker" to abolish its "dud" negative gearing policy.

residential

Melbourne moves mildly ahead as capital city home values tread water in early May: RP Data

Melbourne was the only capital city in RP Data's combined five capitals index to see a rise in home values in the week to May 12.

negative gearing

Property investors face greater ATO scrutiny following $78 million data-matching budget handout

The money will be used to strengthen existing reporting systems for taxable government grants and sales of real property, among other things.

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