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Real estate investment property loans boost home mortgage lending

Many homeowners are considering moving into the property investment market for the first time as property rental yields rise. Before making any decisions in this area you need to consider your financial position and your financing options and

Interest rate cuts and desperate sellers draw cash assisted first home buyers

Australia’s housing market is showing signs of strong activity, spurred on mainly by bargain hunters and first-home buyers as sellers become desperate.

Home builder-developer icon AV Jennings could go private

Iconic Australian residential home builder and developer AV Jennings has recently made a $10 million first-half loss that could hasten the de-listing of the property giant.

First Home Buyers double for Queensland builder developer Devine

New First Home Buyers incentive hurts second home buyers. Queensland general manager of Brisbane-based developer Devine Homes, Paul Nash, said second-home buyer demand has been sluggish, but when the $21,000 first-home owner’s grant was introduced in October, there was a pickup in first-home owner inquiry. First Home buyers charge petering out “We had a spike, [...]

New home buyers wait on the sidelines in Queensland amid job concerns

Jobs will determine how well the housing sector rides out the financial turmoil, according to Housing Industry of Australia. Falling interest rates and increased grants have helped boost interest in buying a new home but fear of losing their job has kept many buyers waiting in the wings. Melissa Ketchell’s Public Property blogMr Dale told [...]