Rental income falls in the September quarter

House prices have started to rise again but rents have not. Rents fell 0.2 per cent in the capital cities in September – the third consecutive month of falls. According to the latest CoreLogic Quarterly Rental Review, rents were down…

Millenials plan to stay with mum and dad longer

Young adults are planning to live longer in their parents’ home because they cannot afford to buy their own place, according to CoreLogic’s Perceptions of Housing Affordability 2019. Thirty-four per cent of adult Australians living with their parents think they…

Delayed settlement bad news for buyer and seller

Falling residential property values turned into a serious problem for both the seller and buyer of a Sydney property last year. A court has ruled that when the sale fell through because the buyer could not get finance, the buyer…

House prices to keep falling

The great majority of professional investors polled in a recent survey say they expect Australian house prices to keep falling over the next 12 months. According to the latest Fitch Ratings Australian Fixed Income Investor Survey, 95 per cent expect…

Property market outlook worsens

The outlook for house prices in Australia’s capital city markets has deteriorated in recent weeks, with several commentators saying the residential property market downturn will be lower for longer. Last week, Westpac forecast that prices could fall by another 10…

Kavanagh

Residential dwelling investment may have peaked in the current property market cycle, according to the Reserve Bank, which reports that investment in the sector is lower than in late 2016. According to the latest RBA Statement on Monetary Policy, residential…