Gold Coast house prices lift

While the COVID-19 crisis has hit house prices across the country, there’s one major region where they’ve risen – the Gold Coast. And experts believe the pandemic is what’s actually caused the healthy 1.5 per cent lift over the June quarter, with so many Sydneysiders and Melburnians taking a long hard look at their lives […]

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Boomerang homes: More homes returning to market during COVID-19

Residential property deals are falling over and homes are being readvertised amid COVID-19 uncertainty and financial belt-tightening. Data compiled by realestate.com.au shows a growing trend in the number of ‘under offer’ listings being readvertised, prompting speculation that deals are falling through because of tighter lending restrictions by the banks and home buyer cold feet. Week-on-week […]

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Most profitable postcodes

Homeowners in some of Sydney’s most sought after pockets have been reselling their properties for an average of $1.3 million above the prices they paid for them, a new study indicated. The CoreLogic pain and gain report examined the average profit home sellers made in various city markets over the first three months of the […]

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How JobKeeper can help stop property ‘falling off a cliff’

Housing prices and industries will benefit from extended JobKeeper payments. The extension to Australia’s JobKeeper program will do more to protect housing prices and industries than the federal government’s HomeBuilder scheme, experts have claimed. Prime Minister Scott Morrison announced Tuesday that the employment support program would be expanded into 2021, though payments will reduce from […]

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5 positive property trends

You could be forgiven for worrying about the state of our property markets, especially if you listen to the regular media. It’s really hard to find some good news amongst all the bad news about rising Coronavirus cases in Sydney and Melbourne, a second round of lockdowns in Melbourne, rising unemployment and a recession we […]

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