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...
RBA to cut cash rate to 0.75% in October & to 0.50% in February
We are bringing forward the timing of our forecast for the next cut in the overnight cash rate by the RBA from November to October. By October, we expect that the path of the unemployment rate will be sufficiently contrary to the RBA’s plans that they will have appropriate justification to ease policy a little earlier than we had previously expected. We recognise that September is also likely t...
Southeast Queensland housing markets deliver positive growth
17 Jul 19In the latest Queensland Market Monitor report, annual median house prices delivered positive growth in the southeast corner housing markets. Brisbane LGA reached a new record high price of $680,000, although growth was a muted at 1.5 per cent. “While annual growth in Brisbane is showing signs of slowing, there was strong growth in particular suburbs proving that discernin...
Sunshine Coast remains top market in the state
17 Jul 19 | Source: Terry Ryder Regional Queensland is becoming one of the nation’s most compelling markets.Rising numbers of locations have growth symptoms, both in terms of sales activity and price movements.Over 60% of Regional Queensland markets have median prices higher than a year ago, with apartment markets a standout. The Sunshine Coast remains the No.1 market in the ...
Cash Rate Predicted To Drop To 0.75%
Economists with the Commonwealth Bank of Australia (CBA) forecast the Reserve Bank of Australia (RBA) to slash the cash rate to 0.75% following an earlier cut this month to 1.25%. The bank predicted cash rate to drop by 25 basis points in July rather than August, with another similar cut later in the year, most likely in November. Senior Economist Kristina Clifton from CBA’s Global Markets Rese...
Sunshine Coast Property Market: Fake news and the truth
There are always plenty of people willing to offer an opinion on the property market, and of course, there’s nothing like a sensational headline about impending doom to get people talking.Most recently, dire warnings about an imminent slump in the Sydney and Melbourne property sectors had a few people on edge. However, more discerning investors saw those claims for what they were, and to coin a...
