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Posts tagged with "house prices"


Sydney’s housing market downturn may be over

Sydney’s housing market has entered a downturn, a trend that many expect will continue in the years ahead. According to CoreLogic, Sydney’s median home price fell 0.3 per cent in June, extending the slide over the past year to 4.5 per cent. It was the largest decline over a calendar year in two decades. With the […]

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Sydney’s house prices are falling and demand for property is slowing

While this isn’t what sellers want to hear, a recent realestate.com.au Property Outlook report says this could be just thing first home buyers need to get into the property market. “There is no city more challenged than Sydney right now. Across all measures, we are seeing declines in activity, including demand from buyers, renters and […]

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How to avoid paying too much for a home

Knowing what a property is worth is central to avoiding paying too much for it. Set a benchmark Comparing nearby properties that have sold recently is the best way to assess an acceptable price for the property you are looking at and provides a valuable bargaining tool when you are negotiating with a seller or […]

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Australians at war over housing prices

There’s no denying the housing boom has been beneficial for homeowners, but not everyone wants to see the prices continue to rise. The results of a recent ME Bank poll revealed a quarter of Australian homeowners are happy to see the prices fall. ME Bank general manager of home loans Patrick Nolan said, “Traditionally Australians […]

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Morrison: Aussie property ‘as safe as houses’

In a speech delivered in New York to Citigroup, The Treasurer reassured US financiers saying there is no evidence to suggest a weakness in Australian property values. “Australian housing values, while high, are still real,” he said. “Safe as houses still broadly means something in Australia.” The Treasurer puts the recent boom down to “supply […]

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Sydney’s once-cheap suburbs now worth a ton

Hindsight is a wonderful thing. If you’d invested in these (unexpected) suburbs five years ago you could have made hundreds of thousands of dollars. We all know by now that buying property in Sydney five years ago would have paid massive dividends. But our harbour city has been expensive for investors for some time. Comparison […]

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What we can learn from Australia’s median house price data from 1970-2016

To buy a home now or wait? It’s a question many people are asking themselves as property prices continue to grow across Australia. Property prices have always been a popular topic of conversation, but the subject of housing affordability has become more contentious as we approach the May budget announcement. Especially following reports from The […]

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