The moderating housing lending suggest any concerns of an over heating property market should be laid to rest and also allay fears of an imminent bubble.
The most important announcement for London and UK property prices does not appear in the housing section of the budget. No, the key point is the news that corporation tax will be reduced to 19% and then 18% - the lowest rate in Europe apparently.
While the term ‘property investor’ conjures visions of an individual with a broad property portfolio, it actually applies to many of us.
Other state and territory governments will be watching the results of the SA Government’s stamp duty cuts.
Don't sell your home in a knee-jerk response.
Many single people make the mistake of buying a family home, similar to their parents, which is not suited to their needs.
For most business owners I deal with, the business defines them – emotionally, physically, and mentally.
What's your return on investment? Are the numbers stacking up? If not why not and can they be improved, is your manager helping you achieve your goals?
If there is a Grexit then London prices are likely to rise as the safe haven status of London property (not to mention job opportunities) will continue to drive people in our direction.
As sales volumes continue to trend downwards, governments can no longer afford to rely so heavily on duties as such a significant source of revenue nor can they chase up the market with higher and higher first home buyer concessions.
It is in everyone’s best interests to be honest from the outset and to have a hard conversation about property prices.
Tap into hot buyers now who are eager to view property, frustrated at the lack of stock in winter and willing to pay a premium, without jeopardising a strategic, fresh and high impact spring launch, making sure your home stands out from the spring pack.
If a property is not on the market for long enough for every potential buyer to join in the competition to buy it, it’s intuitively not possible for any agent to unequivocally say they got the best possible price.
Not long ago, Balwyn North rarely made the REIV “million dollar suburb” list – today it has a median house price of $1,690,000.