Sydney and Melbourne housing prices continue to defy a cooling, posting another price rise in the month of June, according to Corelogic’s June Home Value Index. While foreign buyers were once thought to be mainly responsible for the the rise in house prices in the last three years, local homebuyers and investors […]
Amid fears of an apartment supply glut in Australia in the coming years, Asian Pacific Group chief executive Will Deague begs to differ. “Based on what I have seen, with the number of cranes, Melbourne will only be able to complete about 4,500 apartments a year,” he said. “It’s a […]
The Commonwealth Bank of Australia is expected to cut investment property interest rates as well as slash minimum loans on some mortgage products by more than 90 per cent in the hopes of luring more property investors. As more than 160 home loan products slipped below the benchmark four per […]