Tag Archives: Business

Brisbane apartment sold 27.6%loss

FINANCIAL REVIEW Brisbane apartment sold for 27.6pc loss; a sign of things to come? Jun 26, 4:31 PM Chinese mainland investors Lielin Zheng and Tang Zheng have just had a taste of Australia’s bitter sweet residential property market. The Shanghai … Continue reading

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BIS suggests Brisbane is expected to see the greatest upside to house prices over the next few years due to Queensland’s net interstate migration increasing.

The slowdown in house price growth that emerged through 2017/18 is expected to continue into the 2019 financial year, according to leading industry analyst and economic forecaster, BIS Oxford Economics. BIS believes house prices in Melbourne will tread water through … Continue reading

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‘Broke’ agents leaving Purplebricks in droves

“Broke” real estate agents are quitting British disrupter Purplebricks in droves as the fixed-fee agency’s low-margin, high-turnover business struggles to achieve enough sales amid a slowing Australian housing market. Research by The Australian Financial Review found at least 27 agents had … Continue reading

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2017 federal budget addresses housing affordability

The 2018-19 federal budget had no measures that specifically addressed housing supply and affordability, according to the Real Estate Institute of Australia (REIA). The 2017 federal budget included a range of measures to address housing affordability with both supply and … Continue reading

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A little word of advice: You need to bookmark this article.

Home Buying Steps | Selecting a Mortgage | Real Estate Professionals Home Buying Steps | Selecting a Mortgage | Real Estate Professionals

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Brisbane – the Sydney median house value is currently 96.9% higher, although the gap has reduced recently, the gap was previously this great in early 2003. The average premium for Sydney houses compared to Brisbane has been 64.7% which is much lower than the current gap.

Although dwelling values have started falling in Sydney, the city remains substantially more expensive than the other capital cities.  In fact, whether you look at the cost of houses or the cost of units, Sydney stands out as being much … Continue reading

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We will never sell to a bank’, says aggregation boss

The head of a boutique aggregator has explained the group’s position on vertical integration following the acquisition of one of its competitors. Specialist Finance Group (SFG) founder and managing director William Lockett told The Adviser that he has an obligation … Continue reading

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