Realee.com.au

What are your thoughts on this new Land Tax legislation?

Property investors hit by land tax change plan to sell or pass on costs to renters A landlord who owns a rental property in Queensland and another interstate could soon have to pay thousands more in land tax, but some economists say it could be good news for aspiring homeowners.

Trapped in 'mortgage prison'?

It’s the dilemma every home buyer dreads: paying rising interest rates on their mortgage, while the value of their property ebbs away beneath them.

But some who rush to refinance discover that they’re actually mortgage prisoners – stuck on a high interest rate and unable to move to a lower one because the value of their home has fallen, and they don’t meet the tighter credit requirements brought in late last year.

Trapped in 'mortgage prison'? Here's how to escape As interest rates rise, property values fall and serviceability requirements change, some borrowers are stuck paying high repayments and finding it difficult to refinance.

New data released from CoreLogic shows that 41.9% of house and unit markets analysed in the June quarter have seen a decline. This was a much bigger percentage compared to Q1, when only 23.6% of the markets were on a decline.

The data comes from using CoreLogic’s Home Value Index. To show a national overview of quarterly and annual changes in median home values, they included 3,085 capital city and unit markets in the analysis.

The decline is seen in more areas of Sydney and Melbourne, and more expensive areas like Brisbane, Canberra, and Hobart are also affected. If you look at past data, premium suburbs are more volatile than the more affordable areas. Their values increase quicker during an upturn, but they are also among the first to experience a fall during market declines.

CoreLogic mentions that unit markets are more resilient compared to house markets due mainly to their affordability. They added that fewer unit markets experienced a decline over the quarter vs the houses. This is although units in some of the more expensive inner-city areas are seeing a decline on a national level.

Property investing in a time of crisis.

Property Investing in a time of crisis Property Investing in a time of crisis requires a different mentality and approach. When looking at investing in property for your future, we all need a

http://www.realee.com.au

Realee.com.au We're about to launch into the mid-season compulsion with renovation programs. It seems only moments since the last great furore over Channel 9's The Block, which hit our screens mid last year. During the course of the open house inspections, more than 300,000 people queued outside the homes to take...

The BIG spring auction test Blog written by RP Data research director, Tim Lawless.

Boost the sale price of your home TRYING to save pennies can cost you serious dollars when it comes to selling your biggest asset.

Real estate Christmas rush is on IT may only be October, but the countdown to Christmas is on as more than 500 homes go to auction today and the mood is set for the selling season.