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Brisbane to see biggest house price rise of 20 per cent: BIS
Brisbane house prices could rise up to 20 per cent over the next three years, the largest increase in national house prices for the period, according to BIS Oxford Economics. The economic forecaster expects the increase in Brisbane’s median house
Good news! Borrowing capacity is now up 14 per cent
Attention home buyers… as of now, the amount you can borrow may have just increased by as much as 14 per cent. The banking regulator APRA has now officially set new rules for how the banks calculate your borrowing capacity. When conducting
It’s official: Australia’s rich are getting richer
On average Australian householders are millionaires. According to the Australian Bureau of Statistics’ latest Household Income and Wealth Australia 2017-18 report Australia’s average household wealth has passed the $1 million mark for the first time, up more than 37 per cent compared
Nudgee Named a Top 10 Growth Suburb
Brisbane’s property market has seen the median house price increase 1.5 per cent to reach a new high of $680,000. The findings come from the latest Real Estate Institute of Queensland Market Monitor report, which reveals capital growth in Brisbane
Property industry reacts to Liberal Party win
Last weekend’s federal election saw the Coalition government returning to power in an election that saw policy on property taxation a hotly debated topic between the Liberal Party’s insistence of maintaining the status quo and the Labor Party’s intention to
APRA move means 9% extra borrowing power
APRA’s scrapping of the 7 per cent ‘stress test’ buffer on home loans will effectively see a 9 per cent increase in borrowing capacity for owner-occupiers which will rise to between 13 and 14 per cent if the RBA undertakes