Posts Tagged ‘Newcastle’
Solid growth predicted for property in Newcastle. Is now the time to buy?
As a first home buyer, choosing the right time to buy property can be challenging. Based on recent predictions for Newcastle, you might consider purchasing sooner rather than later. The QBE Australian Housing Outlook 2017-2020 was released yesterday, providing an outlook for the performance of the residential market across Australia and including a Newcastle and…
Read MoreAre Newcastle’s property prices insane?
Are Newcastle’s property prices insane? 2016 saw the Newcastle and Lake Macquarie property markets come onto the radar for a number of reasons. With prices in Sydney continuing to soar, the dream of home ownership for many, especially first home buyers, is becoming a distant memory; whilst for others soaring Sydney house prices have provided…
Read MoreOffset Account. Do you really need one?
I often have clients who come to my office and tell me that they want a home loan with an offset account? When I ask why, most can’t really answer the question. For those that can, the answer usually has something to do with advice received at a BBQ. Banks, credit unions and building societies…
Read MoreForeign investment in property may be closer to home than you think
Thanks to Yvonne Campbell from Newcastle Herald for my inclusion in her article Illegal buyers get brief amnesty 22 September 2015. Below is a bit more detail about FIRB. There has been a lot in the media about foreign investment in property, but until recently this seemed like something that was only happening in Sydney or the…
Read MoreFlipping: A Case Study of the costs
So last week I wrote a story about the flipping of a property in Adamstown – you can see it here. The article generated quiet a bit of conversation on my facebook page and it seems that the overwhelming majority thought was that the renovation was well done and that the property would probably sell…
Read MoreGateshead, the Newcastle property market gateway
It’s Friday again, where did the last week go? Today I thought we would look at a suburb in Newcastle that offers entry points to the Newcastle property market but is still within the bounds of Newcastle/Lake Macquarie areas and reasonably close to everything. Despite these highlights, Gateshead is perhaps one of the more unloved…
Read More1st home buyer investors
This week I was lucky enough to attend a workshop where Peter Switzer host of Sky Business News, Shane Oliver Chief Economist for AMP Bank, Tim Lawless Economist at RP Data (I am not sure if he is the chief economist) and John Symond founder of Aussie Home Loans, were all in the same room…
Read MoreCan I buy a property on my own?
Reading the Sunday paper on the weekend and yet another article appeared this time under the title “Rich Man, poor women – the gap widens”. Accompanying the title was an infographic which showed the wealth of single female households and single male households respectively. The gap for under 35’s in 2010 between men and women…
Read MoreQBELMI predicts great things for Newcastle House Prices
QBE LMI is one of only 2 mortgage insurers in Australia. Each October they release their QBE LMI Housing Outlook Report. As a mortgage insurer they have more than a passing interest in the Australian property market. Whilst much of the report focuses on what is happening in the capital cities this year’s report provides…
Read MoreWhat’s happening in Newcastle and Lake Macquarie
RP Data released this infographic about the Newcastle and Lake Macquarie Property Market. Of course there are many individual markets within the general Newcastle and Lake Macquarie market. The performance of some markets is signficantly different to the picture painted by this infographic but I thought it was worth Sharing anyway. If you would like…
Read More