Archive for 2018

This weekend we proudly represented four clients with purchase attempts, two successfully, and interestingly, both were in the same suburb and each had some commonality. Both were double storey townhouses in Newport, and both were priced in the 6’s. Our first successful purchaser came to us with a desired investment budget of circa-$600,000 and a…

In late 2014 our prudential regulator warned banks that the percentage of investment loans needed to decrease. Months later, APRA instigated some tough and noticeable changes and investment lending scrutiny began.  The consumer outcries at the time were mostly in relation to the new differential in interest rates. Investment mortgage rates had sat in line…

Property prices are impacted by many things, but the simplest of all drivers is supply and demand. Our stock levels have been particularly high so far for 2018 when compared to the stock levels of previous years and this could be attributed to several things; vendors capitalising on first home buyer demand, lending scrutiny precluding…