Sydney tightest vacancy rates at 1.5%

A recent report by SQM Research has revealed that Sydney is currently experiencing the tightest vacancy rate of all the Australian capital cities, with residential vacancy rates hovering around the 1.5% mark.  Not surprising news to us, considering the lower number of investors in the market over the last few years. Given Sydney’s affordability issues [...]

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74% of buyers pass over properties with no prices

Recently we undertook a survey on a dedicated Australian property website forum at www.somersoft.com.au  This website is home to Australia’s most popular and most frequented property investment forum and boasts almost 10,000 members; most of whom have bought or are intending to buy Australian real estate in the very near future. Our survey was intended [...]

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Buyers agents rack up $800million in sales

BUYERS agents are emerging as key players in the Australian property market according to a survey conducted by a leading industry body. The survey conducted by the Real Estate Buyers Agents Association of Australia (REBAA) has shown that the collective buying power of its members accounted for more than $800 million of residential real estate [...]

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Interest rates on hold and first home buyers benefit!

The Reserve Bank has delivered mortgage holders some relief today by deciding to keep rates on hold until at least February. The decision comes on the back of economic data out last week showing that the growth in the Australian economy has fallen behind many of the world’s advanced economies. Consumer data out last week [...]

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Australia safe from another GFC

With interest rates back up to average levels and government debt at much lower levels than any of our overseas counterparts, it seems that Australia remains in a strong position to withstand any talk of another Global Financial Crisis. Even when it comes to housing, the strength of the local market has been pleasantly surprising, [...]

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