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'$100k blindside': Home buyers stung by greedy vendors


‘$100k blindside’: Home buyers stung by greedy vendors
Queensland is in the midst of housing market boom and yet some houses are still not selling at auction and it’s all down to greedy vendors.
Property
by Darren Cartwright
Premium Content
Subscriber only
Greedy vendors are squeezing every dollar out of desperate home buyers, some even holding out for unrealistic reserves that have forced sellable properties to be passed in, experts say.
Over the past few weeks, several houses have failed to sell with real estate agents quietly claiming it is purely because of unrealistic reserves.
One agent, who did not wish to be named, said one property they listed failed to sell at auction after the vendor factored in a 20 per cent increase in the reserve to offset the rising property market. ....

El Arish , Western Australia , Melinda Jennison , Mark Cranitch , Justin Nickerson , Jamie Charman , Louis Christopher , Charman Property Co , Somerset Region , Wavell Heights , Streamline Property , Greater Brisbane , Editors Picks , Real Estate , எல் எழும் , மேற்கு ஆஸ்திரேலியா , மெலிண்டா ஜென்னிசன் , ஜஸ்டின் நிகர்சன் , ஜேமி சார்மன் , லூயிஸ் கிறிஸ்டோபர் , சார்மன் ப்ராபர்டீ இணை , சோமர்செட் பகுதி , அலை உயரங்கள் , நெறிப்படுத்துங்கள் ப்ராபர்டீ , அதிகமானது பிரிஸ்பேன் , தொகுப்பாளர்கள் தேர்வு ,

Brisbane property market update March 2021


Brisbane property market update March 2021
By Melinda Jennison
08 April 2021
|
1 minute read
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This article will highlight what has been happening in the Brisbane Property Market during March 2021.
Housing market values across Australia continued to surge throughout March 2021, and Brisbane was no exception. With the fastest rate of monthly growth recorded in Brisbane for several years, perhaps it is finally time for Brisbane to shine? There are a broad range of positive factors that continue to drive this rapid price escalation within Brisbane. This update will unpack what is happening right now and why.
With record-low interest rates as well as improving economic conditions that continue to beat forecasts, it certainly is looking a lot brighter in the housing markets throughout the country than what was predicted 12 months ago. But what has happened in the last month that continues to support this rapid price growth in Brisbane? ....

East Brisbane , Melinda Jennison , Reserve Bank , First Home Loan Deposit Scheme , Greater Brisbane , Hedonic Home Value Index , Brisbane Housing Market , Rate February , South East Brisbane , Brisbane Houses , கிழக்கு பிரிஸ்பேன் , மெலிண்டா ஜென்னிசன் , இருப்பு வங்கி , முதல் வீடு கடன் வைப்பு திட்டம் , அதிகமானது பிரிஸ்பேன் , ரேட் பிப்ரவரி ,

Regional property value growth three times higher than capital cities


Regional property value growth three times higher than capital cities
Regional property value growth three times higher than capital cities
Tuesday, 12 January 2021
The value of homes in regional markets has grown by almost 7% over the last 12 months – more than tripling capital city property value growth on average – according to CoreLogic.
While there was initial volatility caused by the economic impacts of COVID-19, the most recent data from the property research group saw the year finish on 3% growth across the nation, with regional housing demand outweighing supply.
“Record low interest rates played a key role in supporting housing market activity, along with a spectacular rise in consumer confidence as COVID-related restrictions were lifted and forecasts for economic conditions turned out to be overly pessimistic,” CoreLogic’s research director, Tim Lawless says.  ....

Melinda Jennison , Peter Koulizos , Tim Lawless , Property Investment Professionals , Streamline Property Buyers , Property Demand , Home Loans , Regional Buying , Regional Sellers , First Home Buyer , மெலிண்டா ஜென்னிசன் , நேரம் சட்டவிரோத , ப்ராபர்டீ முதலீடு ப்ரொஃபெஶநல்ஸ் , நெறிப்படுத்துங்கள் ப்ராபர்டீ வாங்குபவர்கள் , ப்ராபர்டீ தேவை , வீடு கடன்கள் , பிராந்திய வாங்குதல் , பிராந்திய விற்பனையாளர்கள் , முதல் வீடு வாங்குபவர் ,

Property prices are set for rebound in 2021


Property prices are set for rebound in 2021
Whether you re looking at houses or apartments, take a look at our property clock to see which markets are on the move.
Thanks to COVID-19, the outlook varies widely across cities as well as within cities. 
Simon Letch
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Maggie May and Josh Kelly are first-time buyers making the most of low interest rates and government incentives to purchase a two-bedroom off-the-plan apartment in inner Melbourne.
The artist and musician couple, who have a two-year-old son, Remy, will save about $35,000 through incentives for first-home buyers, including the First Home Loan Deposit Scheme, HomeBuilder grant and stamp duty concessions for properties valued below $750,000. ....

Australian Capital Territory , New South Wales , Connells Point , Western Australia , South Australia , North Adelaide , Sandra Howells , Melinda Jennison , Andrew Wilson , Nick Smerdon , Archistar Wilson , Herron Todd White , Justin Nickerson , Peter Koulizos , Eliza Owen , Terry Roth , Archistar Property , Property Investment Professionals , Steamline Property Buyers , Apollo Auctions , Adelaide Hills , Palmer Place , Stephen Ning , ஆஸ்திரேலிய மூலதனம் பிரதேசம் , புதியது தெற்கு வேல்ஸ் , இணைப்புகள் பாயஂட் ,