Now is the time for buyers to pounce on prime Perth real estate, amid a promising swell of activity, according to the latest Knight Frank’s Prime Global Cities Index – Q3 2018. The Western Australia state of Perth is where those with deep pockets should park their cash, according to Knight Frank’s latest Prime [...]
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This well-known catchphrase expresses the fundamental idea that the area or location of a property is the most important factor in determining its worth. However, there are many additional variables that will determine how a location becomes valuable and whether it will remain so. Some desirable location factors are constant, for example – proximity [...]
The world’s biggest lithium miner has been given environmental approval to build a massive processing plant near Bunbury, paving the way for hundreds of new jobs in the South West. Albemarle Corporation will need 500 workers when it builds the $1 billion lithium plant in the Kemerton industrial area. A further 500 jobs will [...]
Perth Airport is promising a truly world class airport upgrade by late 2024 that will future proof Western Australia’s critical aviation hub as the economy gets set to surge. The airport has released the first images of its proposal to bring all flight services into one central aviation hub featuring an upgraded international terminal [...]
The Australian Bureau of Statistics (ABS) disclosed that the value of investment housing commitments and number of loans for housing declined in September. As such, there is possibility that the economy will take the brunt of these slowdowns. Delving into the data, the Real Estate Institute of Australia (REIA) reported that the latter sank [...]
A quarter of first home buyers also considering purchasing investment property, new research revealsAlykaAdmin2018-12-04T06:03:24+00:00
New research from Westpac reveals a quarter of first home buyers are considering buying both an investment property and an owner-occupier home. Westpac’s latest Home Ownership Report shows first home buyers (FHBs) are feeling more confident than ever about their prospects of home ownership. The report found 29 per cent of FHBs are considering [...]
Australians think it’s a good time to purchase property, despite thinking house prices will fall further, Westpac survey revealsAlykaAdmin2018-12-04T06:09:00+00:00
Westpac’s monthly consumer sentiment survey reveals most Australians believe now is the best time to buy a house, despite thinking house prices will fall further still. he bank’s monthly consumer sentiment survey reported an 11.8 per cent surge in respondents thinking now is the right time to buy a house – 17 per cent [...]
WA’S unemployment rate has fallen to its lowest level in more than a year on the back of a surge in full-time employment. The Australian Bureau of Statistics reported this morning that the WA jobless rate fell to 5.7 per cent in October, down from 6 per cent in September. It is the lowest [...]
TIGHTER lending standards forced on the nation’s lending institutions by the banking royal commission could plunge the economy into turmoil, wiping up to 30 per cent from the value of Australian homes. Analysts from international financial giant UBS have issued a warning that with banks already tightening lending standards, house prices in major capitals [...]
Sydney and Melbourne house prices could fall by as much as 30 per cent, while Hobart house prices could rise by 5 per cent, according to SQM Research Louis Christopher’s Boom and Bust Report. Hobart house prices could rise by nine per cent next year, bucking the national trend if interest rates are cut [...]