HomeMate.com.au

Australia’s house price slump has been patchy, with Adelaide recording a gain in values, and Melbourne bringing up the rear as far as house price values are concerned. Melbourne led the nation in the drop in house prices over the past quarter. Melbourne property values did the worst in the nation, with house prices sinking [...]

Whist first home buyers loans increased by $20,000 in this period, it was a case of many buying a better property, or bulding a bigger new home, not prices increasing as has been suggested.

New Home builders are feeling the pinch as new home sales go south After a spike in new home sales in October 2009, and rate rises by the RBA, November new home construction slumped. Maybe its time to reduce interest rates. In fact, some are now talking as if the RBA will be lowering the [...]

We have a housing shortage and we need more residential construction and the Government needs to ensure that. Home buyers need an incentive to build rather than buy established to get more homes. Its not rocket science.

Anytime is a good time to buy a house that is well priced and what you need to live in, and is affordable, if you intend to live there for more than 5 years. If not its better to rent and invest the savings and housing costs. If you are an investor, there are better places to park your money.

Selling your home? A small quick profit is a good profit when selling. Last year a Gold Coast couple refused an offer of $14.5 million for their beachfront home development site. Last week they had to let it go for $9 million at auction as the financial crisis bites. The house on the Gold Coast’s [...]

Coastal towns from Tully in Queensland to Upper Burnie in Tasmania are tipped to be among next year’s property hotspots, as house prices in capital cities experience modest falls and upmarket property languishes under the strain of the financial crisis. In its final property pulse report of the year, RP Data says it expects first-home [...]