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Karan

Karan

School in Port Augusta
Port Augusta
Need recommendations on good schools in or near the suburb Port Augusta.
1 Reply 8 Views 23Hr ago
Anjali

Anjali

Cost of rent in Salisbury suburb
Salisbury
Hello What is the cost of rent in Salisbury suburb of SA? Is it a convenient suburb to live in? Thanks
1 Reply 7 Views 23Hr ago
Joshua

Joshua

NSW: Annual house price growth in the state is expected to peak around late-2021
Price
The NSW state government has revealed its expectations for the local housing market as it looks to reform stamp duty in favor of a new land tax. “As higher prices encourage more owners to sell, this will work to limit house price growth over time. In addition, higher prices are expected to price out more potential buyers, weighing on demand,” the budget papers said.  “Speculation has emerged around the potential for renewed macro-prudential tightening by regulators in response to growing house prices. However, the concentration of lending growth in owner-occupier loans (rather than investors) suggests the current market conditions are less likely to evoke a response from regulators.” “That said, building approvals are now running well ahead of the change in population, which is depressed due to the lack of inward migration. This suggests a potential oversupply in the near term relative to the underlying demand for housing.” Source: x NSW budget predicts house prices will peak in late... The NSW state government has laid out its predictions for how and when the current housing boom will run out. www.smartpropertyinvestment.com.au
0 Reply 5 Views 23Hr ago
InvestAus

InvestAus

NSW: The state government says that proposed stamp duty reforms will improve productivity and leave household incomes better off by over $3,000
The NSW state government’s proposed stamp duty reforms are not yet a reality, but the latest state budget tells us more about the impact they’re expected to have on the local property market conditions.  According to the government, one of the issues with the existing stamp duty system is that it hasn’t kept up with Sydney’s roaring property market. As a result, the existing incentives for first home buyers aren’t working effectively. “Stamp duty was introduced to NSW in 1865, and the system has not kept pace with the changing way people live, work and move,” NSW Treasurer Dominic Perrottet said in the state government’s June 2021 progress update on the reforms.  Continue reading at: x State budget reveals more about NSW stamp duty ref... The state government says that proposed stamp duty reforms will improve productivity and leave household incomes better off by over $3,000. www.smartpropertyinvestment.com.au
0 Reply 4 Views 23Hr ago
Anuj

Anuj

NSW: Open homes and auctions will be very different this weekend in Sydney under new Covid-19 restrictions
Sydney
Buyers, renters and real estate agents will now be required to wear face masks and the number of people allowed to attend an auction or open home will be decreased. The changes will apply to all auctions and open homes conducted from 4pm this afternoon and are in place for the next seven days. Those living or working in Bayside, Canada Bay, City of Sydney, Inner West, Randwick, Waverley and Woollahra local government areas are unable to inspect property outside the Greater Sydney metropolitan area. This is due to new health guidelines prohibiting the non-essential movement of people from those LGAs outside of metropolitan Sydney. Masks will be mandatory at auctions taking place indoors or where social distancing cannot be practised outside. Under NSW Public Health Orders, real estate agents must have a Covid-19 safety plan for auctions to protect the health of workers and clients. Get details at: x Covid-19: New restrictions in Sydney to affect ope... Open homes and auctions in Sydney will look very different this weekend under a raft of new Covid-19 restrictions set to be enforced from this afternoon. www.realestate.com.au
0 Reply 6 Views 23Hr ago
Justprop Team member

Justprop Team member

NSW: CoreLogic’s preliminary report on the weekend’s auctions reported a higher clearance rate driven by strong results from Sydney
Sydney
The national preliminary clearance rate rose to 77.8% from 77.4% the prior weekend. This was off significantly higher auction volumes, up to 2,418 from the prior weekend’s 1,426 (which was negatively impacted by the Queen’s Birthday holiday). Sydney continued its strong run recording a preliminary clearance rate of 82.6%, up from the prior weekend’s 78.5% preliminary clearance rate. This data points to further strong price growth for Sydney but softer growth for Melbourne. Get details at: x Sydney pushes auction clearances higher - MacroBus... CoreLogic’s preliminary report on the weekend’s auctions reported a higher clearance rate driven by strong results from Sydney. www.macrobusiness.com.au
0 Reply 8 Views 3D ago
Liam

Liam

NSW: Sydney’s vacancy rate has indicated positivity for areas hit hardest by the COVID-19 pandemic
Sydney
Vacancy rates in Sydney’s Inner Ring suburbs fell month-over-month in May to 3.3%. They also dropped in both the Middle (4.6%) and Outer (2.5%) Ring suburbs, falling 1.2% and 0.7% respectively. Overall, vacancies across Sydney fell in May and now sit at 3.3% – down 1.0% from April 2021. Outside Sydney, REINSW data found that both the Newcastle and Wollongong rental markets remained steady during May. Overall vacancy rates in the Illawarra region fell slightly to 0.9% – the lowest level the region has ever recorded since April 2016. Related stories: Get details at: x Sydney rental market showing signs of recovery Vacancy rate has indicated positivity for areas hit hardest by pandemic www.yourinvestmentpropertymag.com.au
0 Reply 7 Views 3D ago
Joshua

Joshua

Rental properties are being snapped up at accelerated rates across the country
National house rents have added 0.4 per cent over the month to 12 June, bringing the median price to $510, SQM Research data has revealed. The situation is a little more dire across the capital cities, where rents have expanded by a combined 0.5 per cent to reach $559. Overall, there are now 62,144 vacancies across the nation, with Melbourne and Sydney accounting for the highest number of vacant properties at 22,910 and 21,936, respectively. “Rental vacancy rates have fallen across the board in May, driving rents higher,” said SQM Research managing director Louis Christopher. As vacancies dropped, a majority of the capital cities experienced a lift in house asking rents, except Sydney, which remained stable. Continue to get details: x Rents rise as the rental market continues to tight... Rental properties are being snapped up at accelerated rates across the country, squashing vacancy rates and exerting upwards pressure on rents. www.smartpropertyinvestment.com.au
0 Reply 8 Views 3D ago
Anuj

Anuj

A majority of Australia’s capital cities are expected to see a significant increase in auction volumes
The auction market is set for a rebound following weeks of decline, with 2,610 homes poised to go under the hammer this weekend across the capital cities – up a strong 45 per cent on last week’s 1,426 auctions and 52 per cent higher than last year. A majority of Australia’s capital cities are expected to see a significant increase in auction volumes, with Sydney accounting for as much as 47 per cent of all activity with 1,216 auctions scheduled. CoreLogic revealed a final auction clearance rate of 73.6 per cent out of 1,413 homes taken to auction across the combined capital cities, up from the previous week’s 70.6 per cent – the lowest clearance rate recorded across the combined capital cities this year. Sydney followed with 74.1 per cent out of 745 auctions, Brisbane with 73.4 per cent out of 131 auctions, Melbourne with 68.8 per cent out of 355 auctions and Perth with 60 per cent out of 20 auctions. Continue reading at: x Auction activity on the uptick with Sydney in the ... With Melbourne out of lockdown and the long weekend behind us, the number of properties set to go under the hammer has finally picked up. www.smartpropertyinvestment.com.au
0 Reply 3 Views 3D ago
InvestAus

InvestAus

New home buyers rushing to get into the market has made it more difficult for the next group of buyers due to increasing house prices
Data in Domain’s First-Home Buyers Report 2021 found that lower interest rates and improved mortgage repayments are acting as a double-edged sword for buyers, making them a key driver for property prices as well as the key reasons many first time buyers are finding it harder than ever to save for a deposit. In fact, according to Domain's data, a couple that wants to live in Sydney will now have to spend seven years and one month saving up for a 20 per cent deposit. On the other end of the scale, Perth now has best conditions for first home buyers, with the quickest savings time at three years and seven months for an entry-level house. Get complete details at: x First home buyers required to save for longer as p... Strong buyer interest, spurred on by record-low interest rates as well as below average wage growth, means it is now predicted to take even longer for first home buyers to enter the market. www.smartpropertyinvestment.com.au
0 Reply 5 Views 3D ago
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Rental properties are being snapped up at accelerated rates across the country

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Karan Karan

School in Port Augusta

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Cost of rent in Salisbury suburb

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NSW: Annual house price growth in the state is expected to peak around late-2021

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