OPINION: RBA will cut cash rate to 0.25% by June 2020
27 November 2019 | Author: Bill Evans, Chief Economist for Westpac | Property ObserverWestpac now expects two rate cuts next year from the RBA with the cash rate cut to 0.25% in June 2020. Quantitative Easing is also expected to begin in the second half of 2020. Westpac has not changed its rate call for the RBA since July 24 this year. At that time we envisaged two more cuts from the ...
2020 Real Estate Outlook: Expert Predictions For Mortgage Rates, Home Prices, Tech And More
15 November 2019 | Author: Aly J Yale | Source: Forbes The 2019 housing market has been one of low rates, high demand and limited supply—particularly on the lower-priced end of the market. Will 2020 be more of the same? According to experts, yes and no We spoke to six mortgage, real estate, and housing professionals. Here’s what they say is in store for the year to ...
The Sunshine State Positioned for Growth
Continuing weakness in the Queensland economy and oversupply of dwellings has kept property price growth in Brisbane low in recent years.However, the city is poised for a turnaround with predictions of a 20% jump in house prices over the three years to June 2022. This will be the strongest growth of all capital cities, according to analysts and forecasters, BIS Oxford Economics. ...
Queensland Government's Proposed Tenancy Law Reforms
In 2018, the statewide Open Doors to Renting Reform community consultation invited Queenslanders to share their rental experiences and ideas about how to improve renting in Queensland. We received over 135,000 responses and had conversations with tenants, property owners and property managers about their experience of living in, owning or managing a rental property and how it could be impro...
Queensland markets head into summer with plenty of highs
November 01, 2019 | Author: Grace Ormsby | Source: Smart Property Investment Queensland’s coastline investors have plenty to smile about heading into the summer months, with almost a clean sweep in weekly rental value improvements over the past 12 months. In a quarterly update from the Real Estate Institute of Queensland (REIQ), each of the markets has proven positive for investors despite var...
Property investors should be considering the Sunshine Coast
28 October 2019 | Author: Hotspotting's Terry Ryder | Source: Property Observer I believe real estate markets are driven more by local factors than national ones. While many commentators are placing great significance on interest rate reductions as a prime driver of real estate markets, I’m much more interested in what’s going on the coalface of local economies. And, in those te...
Government mortgage guarantee scheme aims to help first home buyers enter the property market
28 October 2019 | Author: Nour Haydar Source: ABC News A Federal Government scheme to allow first home buyers to purchase a property with a deposit as little as 5 per cent will operate on a "first-in, best-dressed" basis. Key points: • The Federal Government will offer loan guarantees for eligible buyers on low and middle incomes• The scheme is aimed at helping up to 10,0...
Sunshine Coast Mass Transit Project 13 Sep 2019 | Source: Sunshine Coast Council
13 Sep 2019 | Source: Sunshine Coast Council Sunshine Coast Council has continued to build its case for the development of an integrated mass transit system to service the Sunshine Coast’s growing population. The Sunshine Coast Mass Transit Project presents an opportunity to transform the region and deliver a range of economic, land use and transport benefits. It is an essentia...
Coast market softer over the quarter
The Sunshine Coast market recorded softer conditions during the June quarter. However, solid price growth over the past year, meant that annual price growth remained some of the best in the State.The Sunshine Coast’s rental market is also recording more demand than supply with its residential rental vacancy rate down to 2.3 per cent over the June quarter.Rents are correspondingly rising wit...
