Brisbane values rise again for second consecutive month
Brisbane has finally shown signs of passing the bottom of the market downturn, following a record-breaking streak of month-on-month median value declines.
Brisbane has finally shown signs of passing the bottom of the market downturn, following a record-breaking streak of month-on-month median value declines.
While the Australian government has received praise for delivering the first annual budget surplus in 15 years, the measures introduced are relatively innocuous. However, there are some positive developments for homebuyers.
"Interesting to see how this will affect household spending and savings." - Michael Jones, Senior Financial Strategist.
"Renters in Queensland can breathe a sigh of relief at the expense of investors struggling to keep up with repayments." - Matt Lapish, Senior Investment Analyst
"A number of factors mentioned below are expected to offset the drop in prices in some capital cities." - Matt Lapish, Senior Investment Analyst
"Those were lucky enough to fix their home loan anywhere in the 2% mark may face a huge spike in their repayments once their fixed term ends." - Alex Kenward, Finance Manager
"With the mortgage cliff for many borrowers fast approaching, it is important to know their revert rate and shop around for a refinance." - Jack Smallwood, Finance Manager
"I like the first tip in this article about remembering to make your bank work for it. Alternatively, you can ask your mortgage broker to help you get a better deal." - Alex Kenward, Finance Manager
The rising interest environment is new for younger investors, so how can it impact property markets today?" - Matthew Lapish, Senior Investment Analyst