by Konrad Bobilak | May 18, 2017 | property
The majority of Sydneysiders don’t believe foreign investors should be allowed to buy Australian property, despite experts claiming little evidence exists showing offshore buyers pushing up prices. A new study into attitudes towards foreign investors, spearheaded by...
by Konrad Bobilak | May 15, 2017 | property
The calls to financial counsellors began about 18 months ago. Middle-aged, middle-class homeowners in Western Australia who had shifted their retirement nest egg from superannuation to property were suddenly unable to pay their mortgage. It typically started with an...
by Konrad Bobilak | May 8, 2017 | property
CENTRAL Melbourne has experienced a boom decade with data revealing that 93,000 jobs have been created, along with 29,000 homes and 800 cafes and restaurants since 2006. A snapshot of the inner-city, released by Melbourne City Council this week, reveals strong growth...
by Konrad Bobilak | May 1, 2017 | property
Stephen Halmarick says the risks of a residential property crash are being exaggerated. The chief economist at Colonial First State Global Asset Management — Australia’s biggest fund manager — has heard stories of impending doom in the property market for most of his...
by Konrad Bobilak | Apr 24, 2017 | property
The doors to Melbourne’s once-exclusive $1 million club have been blown wide open, as house prices continue to soar across the city. There are now 115 suburbs with a seven-digit median house price, compared to 82 about a year and a half ago, Domain Group data shows....
by Konrad Bobilak | Apr 24, 2017 | property
A TYPICAL young homebuyer who cashed in all their superannuation to buy a house would have less than 20 per cent of the deposit but lose more than $100,000 in retirement. And the move could also end up costing the government up to $1.5 billion in extra pension costs...