Category: Economy

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

Tips for saving your first deposit

Younger people are having difficulty breaking into the housing market according to the Household, Income and Labour Dynamics in Australia (HILDA) survey. The report found that home ownership for the under-40s has dropped significantly since 2002. And those who have made it into the market are not paying off their mortgage at the same rate. The […]

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Housing supply under $400,000 dries up

by CoreLogic The ongoing increases in dwelling values over recent years has led to a significant reduction in the proportion of sales occurring below $400,000. Across the nation, 31.2% of houses and 37.3% of units sold transacted for less than $400,000.  By comparison, a year ago the proportions were recorded at 32.8% for houses and […]

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Which of Australia’s capital cities have the most affordable mortgages?

Affordability is about more than just the price of a house. Monthly mortgage repayments and house price-to-income ratios also dictate how affordable a property is. In this post, we compare the cost of a mortgage in Australia’s capital cities. What is the average price of a mortgage in Australian cities? At the end of June 2017, CoreLogic […]

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The nation’s capital is hot now!

While the average August temperature in Canberra is a mere 13.5 degrees Celsius, the property market could be heating up. CommSec’s latest State of the States report, which analyses indicators over eight key economic areas, shows us that the Australian Capital Territory has the highest home lending rates in the country. This is positive news […]

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property negotiation meeting

RBA takes a more positive stance

The housing market remained a focus for the Reserve Bank of Australia (RBA) in its most recent meeting minutes. Mixed conditions perpetuate across the nation in different housing markets. But the central bank also noted economic conditions were improving. In the minutes, the board noted there had been a drop in residential real estate investments […]

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Where is renting most common? by CoreLogic

The 2016 Census data provides the opportunity to look at the areas across the nation which have had the highest proportion of rental properties. The 2016 Census showed that 30.9% of residential properties nationally were rented.  The proportion of properties rented has been trending higher, increasing from 29.6% at the time of the 2011 Census […]

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Tips for breaking into the housing market

Recent Census data tells us that less people own their own homes than five years ago. That can at least be partly attributed to rising house prices. In Sydney, house prices are 12 per cent higher than they were a year ago. In Melbourne, house prices are up 13 per cent from last year. These increases can be […]

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New Census data looks good for investors

Are you looking to invest in property? You might be interested to hear that according to new Census data, rents have increased and mortgage repayments have decreased in the last five years, making property investment an attractive option. Many people in Australia have a mortgage, and people are paying less per week for their mortgages, […]

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Client stories

Neville and Christine Lewis

Using the equity they had built up in their family home, Neville and Christine Lewis started investing in property in the early...

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Steve Moran and Andrea Bernard

Steve Moran and Andrea Bernard have always been focused on managing their money and maximising opportunities to grow their...

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Belinda Fellows

Having a great mortgage broker can really help ease the stress and strain that comes with buying a property – particularly when...

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