In the span of just two months, Australia's property downturn has halted and reversed, bringing price growth back in a number of cities and regions. CoreLogic's latest report showed the swift bounce back was felt most in Sydney and Melbourne, but that most markets had experienced an upward shift in momentum. With interest rates finally pausing in April, there could be a further boost in confide...
When it comes to buying homes in Sydney, Melbourne and Brisbane in Australia, ‘Small is nice’ is the new buzzword with several Aussie home-buyers and investors. With the ever-increasing pricing of housing in Sydney, Melbourne and Brisbane, buying a large house with big land area is not a suitable option for several new home buyers and investors. Large land area and construction cost...
Auction activity continues to ramp up with 1,886 capital city homes currently scheduled for auction this week, up 27.3% from last week (1,482). While increasing week-on-week, this week’s scheduled auction activity is -34.9% lower than the same week last year when 2,898 homes were taken to auction across the combined capitals. Melbourne is set to overtake Sydney as the busiest a...