Investors have been eyeing the property market over the last few months as property prices, interest rate cuts, and first-time buyers have reshaped Australia’s property landscape.
🚨 As predicted, the Sunshine Coast has dropped to joint second spot for median 'house only' price:
1 - #GoldCoast: $1,520,000
2 - #Sydney: $1,500,000
3 - #SunshineCoast: $1,500,000
4 - Wollongong: $1,350,000
5 - Newcastle: $1,175,000
6 - Coffs Harbour: $1,100,000
7 - Canberra: $1,099,000
8 - Northern Rivers: $1,095,000
9 - Geelong: $995,000
10 - Central Coast: $994,900
🔴 The Sunny Coast is now selling a median of $70k under listing.
Borrowers are increasingly using Lenders' Mortgage Insurance (LMI) strategically to gain access to home loans with smaller deposits, brokers report.
https://t.co/7zX9Dfcjeh
#MortgageAdvice#HomeLoans#LMI#PropertyMarket
***BREAKING NEWS*** Buffer to hold at 3 per cent: APRA
The prudential regulator has maintained that the 3 per cent #homeloan buffer will remain, amid widespread calls for the regulator to move to a dynamic buffer.
Find out more on The Adviser//www.theadviser.com.au/compliance ...
🏡The composition of young #propertybuyers has completely transformed along with the suburbs and property types they are targeting, with implications for all prospective property #investors.
https://t.co/VoQGuBZf0N
@auswidebank are making some changes to their current Freedom Package interest rates, extending our Spring Fixed Rate Campaign and re-introducing our Investor Bonus Campaign, effective from Friday 11th October 2024.
#HomeLoans#Finance
@NAB has today announced decreases to the NAB home loan fixed interest rate products. These changes are effective Tuesday 8 October 2024.
Changes to Fixed Rates for @NAB Tailored Home Loan