News

Australian Property Market is No Longer Bearish! ANZ Revises Forecast: Strong Price Growth Expected Next Year!

ANZ Bank has scrapped its expectation of a 10% decline in house prices caused by the pandemic, stating that the surge in popularity driven by stimulus measures and record-low interest rates will dampen price declines and may even result in a “moderate” increase in prices this year.

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Property Market | Buyer Enthusiasm Unaffected by Lockdown! Melbourne’s Auction Clearance Rate Rebounds!

During the first weekend following the implementation of Stage 4 restrictions, Melbourne witnessed a preliminary auction clearance rate of 73%. Despite the increased uncertainty caused by strict limitations, many sellers brought forward their auction plans.

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How to Evaluate the Appreciation Potential of an Australian Property?

There are two tricks to investing in Australian real estate: “house-to-house” (buying a property with a loan, using the appreciation to purchase a new property) and “house-to-education” (using rental income and property appreciation to cover children’s tuition fees). These are openly known secrets in the Australian property industry.

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