Investment Property

HIA: Demand for residential land drops

Residential lot sales across the country declined in the first quarter of 2019, hitting a record low for land sales, HIA says

Westpac predicts rates will fall to 0.5%

The major bank predicts the next cut will come as early as October, warning that the official interest rate will drop to 0.5% by early 2020

Revealed: suburbs with price growth

Median values in suburbs across major capital cities rise, with house prices in 10.6% of Sydney suburbs exceeding $2m, according to a new CoreLogic report

NAB tweaks assessment policy

The major bank changes its mortgage serviceability assessment policy, joining its Big Four peers in response to APRA’s new guidance

REIWA urges stamp duty abolishment

The real estate institute calls for the WA government to eliminate stamp duty, saying the tax is one of the biggest imposts to home ownership

Auction clearance rates hit 70%

Auction markets across capital cities hit their highest levels in more than a year, with clearance rates climbing to 70.6%, reports CoreLogic

Brisbane suburbs on the rise

The capital city is tipped for a market boom, with suburbs’ median prices poised for growth in the next three years

Common CGT mistakes

How exactly is CGT calculated – and what are the common mistakes that property investors make when trying to work out their CGT obligation?

Short-term occupancy, long-term gains

A first-time property investor reveals how putting her Queensland rental up for short-term stays is carving her a path towards her next purchase

Westpac, ANZ lower stress test rates

The two major banks start lowering the interest rate used to stress-test loan applications in response to looser lending rules announced by APRA

Sydney vacancies remain stable

Vacancy rate in the capital city continues to stabilize in June, with no changes seen from May