Club Property

The new housing market will remain tough across Australia and especially in Victoria for some time. Whilst we do not expect the market to crash, it will be increasingly difficult to make new sales. People will, of course, purchase new property, but the property on offer will need to be better tailored for, and marketed [...]

By Terry Ryder, 7th February 2012 The extraordinary ability of economists to collectively get in wrong most of the time has again been demonstrated, with the Reserve Bank deciding at its meeting today to keep interest rates on hold. Most economists had bet the Reserve Bank would cut rates by 0.25 percentage points, apparently convinced [...]

If you read the mainstream you probably think it’s bad news for Australia if house prices keep falling. That it’ll be bad for the banks (which it will be). And that the entire Aussie economy will grind to a halt. But what if that doesn’t matter? What if falling house prices is actually a good [...]

In the past Generation Y have been branded with a less than flattering reputation as selfish, spendthrifts. Perceived as wanting it all and wanting it yesterday, older generations tended to believe that this young demographic group were incapable of financial sensibilities and as such, would struggle to get a foot on the increasingly pricey property [...]

Backyards, barbeques and big houses have been the norm with Australian home owners for generations. But what of future generations? Some demographers suggest we are so in love with the idea of having big spaces to raise a family that it’s impossible for us to change, even as our population is set to grow exponentially [...]

via flickr.com

via trademe.co.nz Location: 43 Berkley Ave Hillcrest Hamilton Waikato Rooms: 3 bedrooms, 1 bathroom Property type: House Floor area: 110m2 Land area: 809m2 Rateable value: $340,000 Price: Asking price $355,000 Property ID#: CFF294 Parking: Double garage, with plenty of off street parking. In the area: Close to Hillcrest Normal, Silverdale Primary, Berkley Intermedia­te and Hillcrest [...]

When collateral for one loan serves as collateral for other loans as well, it is called cross collaterization. The most common example being the case when a person wants to buy a new residential investment property using the family home as the collateral security. Note:The properties being used as collateral both need to valued by [...]

This is a question that has been asked of me a thousand times over the years and basically the answer is the same in Australia and it is in New Zealand. In this article one of Australia’s top commentators on real estate discusses the merits of old vs new with respect to property investment. Go [...]

Australia’s lenders repossessed 22.5 per cent more homes in 2011 than in 2010, new data has revealed. A number of NSW beachside suburbs on the Central Coast were hit hard, with Terrigal and The Entrance both recording a high number of repossessions. The western suburbs of Sydney were also hard hit. The latest repossession figures [...]