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GETTING OFF THE RENT TREADMILL IN FAVOUR OF HOME OWNERSHIP

Many people who currently rent often ask themselves the following question: Should I stay renting for the next few years or should I take the plunge and own my own house outright? The question is usually framed around the following scenario: if I take my time and save up a bigger deposit, then I’ll be […]

NEW HOMES HIT AN ALL TIME HIGH IN GOLD COAST

South East Queensland has emerged as one of the nation’s property hotspots and the booming Gold Coast — and its surrounds — have been at the epicentre of this explosion. According to the Gold Coast Bulletin, there were 8299 dwellings approved for the area in 2014-15, up an incredible 65.5 percent on Australian Bureau of Statistics (ABS) figures […]

INTEREST RATE CUT TO RECORD LOWS

The Reserve Bank of Australia’s interest rate cut to record lows this week has given a huge boost to South East Queensland real estate buyers. On Tuesday 2nd August the Reserve announced it had lowered the rate by 25 basis points to a fresh low of 1.5 percent. “At its meeting today, the Board decided […]