With all the hype around the mining industry, anyone would be forgiven for wondering where the benefits are being seen – housing markets are generally slow, consumer confidence is low and everyone is saving rather than spending.
However, the good news on the resources front is that the mining boom is real and many housing markets around the resource and agricultural regions of the country are benefiting from strong demand, which is driving up transaction numbers and home prices. Continue reading Go west to invest for best property growth prospects→
Did you see the one about the boy who just wouldn’t leave home? So desperate were his Italian parents to get this “Mama’s boy” to move out, they hired a lawyer and threatened to take out a protection order.
You can imagine the formalities in the letter: “Thou shalt not ask your Mama to pick up your dirty undergarments or iron your shirts. Furthermore, demands for pasta and antipasto platters shall be limited to Sundays only.” Continue reading Full nest ruffles parents’ feathers→
Owner-occupier home loans are up, but fewer of them are first-home buyers.
The number of owner-occupiers taking out home loans jumped 1.5 per cent in July, but fewer of them were first-home buyers.
Australian Bureau of Statistics data shows the number of first-home buyers remains low and decreased by 4.4 per cent during July. The proportion of first-time buyers in the market is now the lowest for more than six years. Continue reading First-time buyers are a disappearing breed→
As a tenant, it is important you understand your rights and responsibilities. Being aware of the laws as they relate to renting can help you to avoid or resolve accommodation problems.
We look at some of the potential issues and how to deal with them so you can have a hassle-free tenancy.
Areas in which problems can occur include rent, repairs and maintenance, privacy and sub-letting. Continue reading Renting – How to deal with a problem or dispute→