Category: Economy

Follow our Smartline blog for up to date latest Australian finance and property news.

Falling property price

Falling house prices? Don’t panic

CoreLogic recently reported that Sydney house prices were down -1.3 per cent in the last quarter, ending in November 2017, and Darwin house prices had dropped backwards -2.7 per cent. The report found a combined capital city drop of -0.1 per cent in the last month. Flags are raised when we hear these figures, which […]

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Buying a property with friends

Buying property with friends

With prices stubbornly high around the country, more under 40s Australians are teaming up with friends or family members to buy their first property. It can be a win-win for both parties. Having someone else stump up half the deposit and share the expenses and exposure may allow you to get into the market sooner, […]

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rentvesting

Making rentvesting work for you

It’s no secret that property values across Australia have raced north in recent years, in both major cities and regional towns. So much so that median house prices in Sydney and Melbourne are currently sitting at the eye-watering figures of $1,177,769 and $852,724 respectively, according to the latest QBE Australian Housing Outlook. If you don’t […]

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construction boom

What does the construction boom mean for you?

Building and construction is a growing industry. In fact, it has just topped the list for full-time employment in Victoria, providing 20,000 new jobs in the sector in the last year. Why the boom? There’s been a lot of government focus on developing more metropolitan dwellings to address the current housing affordability situation. Development is […]

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apra restrictions

Loan restrictions in place until household debt stabilises

Earlier this year, the Australian Prudential Regulation Authority (APRA) placed restrictions on investor lending and interest-only loans to address housing affordability, and potential mortgage stress. At the time, interest-only loans accounted for almost 40 per cent of lending. APRA Chairman Wayne Byres recently told building societies and credit unions that restrictions will remain in place […]

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rent increasing

How far can rents actually rise?

We recently received another thought provoking blog post from .id the population experts. The topic was based on “rent & mortgage” data that has just been released from the 2016 Census. As you can see below, median weekly rents have been on the rise since the 2011 Census. Whilst these rent increases have been substantial, […]

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Where will property values be in three years?

The annual QBE Australian Housing Outlook (2017-2020) report has just been released. This report, produced by BIS Oxford Economics, has a remarkably accurate track record when it comes to forecasting capital growth rates. Here is a summary of their median house price predictions. As you can see, it appears that Sydney’s boom is predicted to […]

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Capital city spring property update

Spring has sprung and so have several Australian capital city residential property markets, albeit at a more modest rate than in previous quarters, according to leading property data research house CoreLogic. Capital dwelling values rose by 0.7 per cent in the third quarter of the year, according to the September results of the CoreLogic Home […]

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What’s the outlook for the cash rate?

It’s been 13 months since the Reserve Bank of Australia (RBA) last changed the current 1.5 per cent cash rate. Consensus among academics suggests there’s little chance of a change to the cash rate any time soon. While some countries, including the US and Canada, have started to raise interest rates after a period, and […]

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Client stories

Elly & Nic Marie

It was Christmas Eve 2015 and Elly Marie and her husband Nic were busy with their new baby and planning their upcoming wedding in...

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Ivan Marsic and Tanja Brinkman

When Ivan Marsic and his wife Tanja Brinkman decided they wanted to knock down their house and build a duplex, they didn’t...

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Dee and Henry Nieuwenhuis

Going green wasn’t an optional extra for the Nieuwenhuis', it was an integral element of their property investment strategy....

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