This Week In Australian Property #28

  • Leanne 500x500
  • by Leanne Brinkies
  • TWIAP
  • 6 Jul

As we start the new financial year, there is a bit going on property wise.

Interest rates continue to be a focal point, with the RBA holding rates this week, however, predictions indicating this may change (and quite steeply over the next 2 years). At the same time, we’ve seen CBA increase their rates on interest-only loans as they look to balance their book in line with ASIC requirements.

New stamp duty changes have come into effect across the states – make sure you understand what they mean to you.

Census data continues to be released, and this week there is an article that shows the changing make-up of the Australian population including the increasing amount of renters. An interesting stat that will have implications for property development in the future.

And lastly, this week we look at what happened across the weekend auctions – the first post the stamp duty changes. Did the first home buyers win against the downsizers?

Enjoy!
Leanne

Trending this week

RBA Could Raise Rates Eight Times In Next Two Years

A scary thought! Read on.

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Stamp Duty Changes For NSW And Victoria Explained

With the July 1 changes now in effect, make sure you know what it means for you.

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Census 2016: Renting Population Is Growing

Take a look at the make-up of home ownership in Australia.

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Property Investors Face ATO Crackdown

Holiday homes including Airbnb's are on this year's watch list.

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Offspring And Other Favourite TV Homes

Carrie Kennedy, production designer on Offspring chats about TV homes!

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CBA Raises Rates On Interest Only Loans

The last of the major banks raise rates on interest-only loans.

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Weekend Auctions A Litmus Test For New Stamp Duty Concessions

A record number of houses under the hammer and auction clearance rates up.

Read more

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Leanne 500x500
Leanne Brinkies

Leanne is one of the most experienced digital professionals in Australia. With over 21 years of online experience and a passion for all things interior design, she is curating all of the content on the site - bringing you interesting facts and information to help you on your buying journey. If there's anything you want us to feature, let her know!

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